Dmitriy Chelnitsky is a partner in the Tax Practice Group in the firm’s New York office, specializing in executive compensation, employee benefits and ERISA matters. Mr. Chelnitsky advises public and private companies, executives and boards on executive compensation and employee benefits issues, with a particular emphasis on issues arising in the context of mergers, private equity-sponsored buyouts and divestitures, entity formations, acquisitions, IPOs and other corporate matters.
He regularly advises companies, executive management teams and individual executives with the design, implementation and termination of compensation and benefit arrangements, including equity investments, executive employment and severance arrangements; consulting arrangements; retention, severance and change-in-control plans; cash and equity-based incentive programs; and nonqualified deferred compensation plans.
Mr. Chelnitsky frequently advises clients regarding tax rules relating to corporate and noncorporate equity incentive arrangements, deferred compensation, excise tax on excess parachute payments and limits on the deductibility of executive compensation. He also advises on SEC rules governing executive compensation disclosure and corporate governance matters arising in the executive compensation context.