Davis Polk & Wardwell LLP remains a market leader in executive compensation and employee benefits, advising top-tier financial institutions, public companies, and private equity firms on the full spectrum of transactional matters. The team is regularly engaged in high-profile M&A, IPOs, de-SPAC transactions, and restructurings, with expertise in structuring equity-based incentives, golden parachutes, and Section 280G compliance. Recently, the firm advised ExxonMobil on executive compensation aspects of its $59.5bn acquisition of Pioneer Natural Resources and Novo Nordisk on its $11bn acquisition of Catalent’s fill-finish sites. The firm also provides critical guidance on SEC, IRS, and DOL regulatory matters affecting compensation structures. Jennifer Conway leads the team, offering deep expertise in governance matters and shareholder activism, while Travis Triano, Adam Kaminsky,  Kyoko Takahashi Lin, and Veronica Wissel  are key figures handling company disclosure, incentive plan structuring, private equity matters, and ERISA-related issues.
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Accolades

Client satisfaction

Key clients

  • 23andMe
  • Amer Sports
  • Bausch Health
  • Big Lots
  • Campbell Soup Company
  • Cleveland-Cliffs
  • Corelle Brands
  • ExxonMobil
  • Gilead Sciences
  • HP
  • Novo Nordisk
  • Owens Corning

Work highlights

Advised ExxonMobil on employee benefits and executive compensation aspects of its acquisition of Pioneer Natural Resources in an all-stock transaction valued at $59.5 billion.
Advised Truist Financial on the employee benefits and executive compensation aspects of its sale of its remaining stake in Truist Insurance Holdings to an investor group led by private equity firms Stone Point Capital and Clayton, Dubilier & Rice at an implied enterprise value of $15.5 billion.
Advising Novo Nordisk, a leading global healthcare company, on employee benefits and executive compensation aspects of its $11 billion acquisition of three fill-finish sites from Novo Holdings A/S in connection with the acquisition of Catalent.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Jennifer Conway

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Adam Kaminsky
Kyoko Takahashi Lin

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Veronica Wissel

Practice head

Jennifer S. Conway

Other key lawyers

Travis Triano; Adam Kaminsky; Kyoko Takahashi Lin; Veronica Wissel