Ms. Ameena Y. Majid is a partner practicing exclusively in employee benefits and executive compensation, and serves as the co-chair of the national executive compensation group. She represents major public companies and large private employers in the aerospace, energy, health insurance, healthcare IT, and manufacturing industries, advising on strategic and operational employee benefit and executive compensation matters.
Ms. Majid’s executive compensation experience includes advising on the design and implementation of executive and equity compensation and programs, such as deferred compensation plans, SERPs and restricted stock, and stock option programs, including providing advice on the tax, accounting, and securities law implications of such programs.
She is experienced in structuring, negotiating and preparing employment, severance, and change in control agreements and in counseling employers on the associated tax issues relating to an executive’s departure from employment.
Ms. Majid is experienced in advising companies on all aspects of retirement plan design, implementation, and compliance. For example, Ms. Majid assists companies in analyzing legal implications to plan design alternatives, advises companies in transitioning service providers, and addresses day to day operational and compliance questions.
She has led a five-attorney team in the management of a two-year transition of pension administration between third-party administrators, covering over 30 pension plans with more than $25 billion in assets.
She is experienced in complex plan mergers and cash balance plans as well as advising companies when moving from a pension plan environment to a savings plan environment. In addition, Ms. Majid has advised on ERISA litigation matters involving alleged violations of ERISA’s anti-cutback rule, breaches of fiduciary duties and other issues.
Ms. Majid also advises on fiduciary governance matters, including the establishment or modification of a fiduciary governance structure and counseling investment committees on fiduciary governance and investment oversight of more than $5.5 billion in pension assets.
In her pro bono work, she has formed not-for-profit entities and obtained the entities’ 501(c)(3) tax-exempt status with the IRS and has advised and converted a social enterprise to a Delaware Public Benefit Corporation (known as “B corps”).
Leveraging her experience as a business advisor to company management and corporate boards, Ms. Majid sits on a non-profit board seeking to prevent human trafficking through the use of people and technology, an early-stage for-profit social enterprise in the fashion industry and the Firm’s charitable foundation board.
- J.D., Loyola University, Chicago, School of Law (1998)
- B.A., University of Iowa (1994)
- Able Made LLC, Advisory Board Member
- Impact Engine, Angel Network Member
- Seyfarth Shaw Charitable Foundation, Board Director
- Society of Corporate Compliance and Ethics, Member
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