Dan Hagen has more than 30 years of experience advising boards and senior management teams on executive compensation matters. His practice focuses on equity and other incentive compensation plans and employment and change in control programs for companies' leadership teams. Dan helps companies with compensation programs that create incentives for senior executives to execute on strategic corporate objectives and enhance value for shareholders and other stakeholders and that stabilize and incent management teams through strategic transactions. He has assisted companies through hundreds of mergers, divestitures, restructurings, and other transformational transactions, providing practical solutions to the difficult problems that arise in strategic transactions and managing the intricate tax, corporate and securities law, ERISA (Employee Retirement Income Security Act), and related rules that affect compensation programs in these settings.
Dan's recent transactions and restructurings include Reynolds American's $27.4 billion acquisition of Lorillard, the $5 billion disposition of its Natural American Spirit International businesses to JT Group, and its acquisition by British American Tobacco Plc at a value exceeding $90 billion; Exelis' acquisition by Harris Corporation for $4.8 billion; the sale of a majority interest in OE Connection to Providence Equity Partners; and the proposed sale of Oncor Electric to SEMPRA at an enterprise value of approximately $11.25 billion.
Dan is a member of the Board of Trustees of Baldwin Wallace University and chairs the Compensation and Enrollment Management Committees at Baldwin Wallace. He coauthored the Collier Monograph Employee Benefits and Executive Compensation in Corporate Bankruptcies.
Fifth Third Bancorp v. Dudenhoeffer: Supreme Court Rejects "Presumption of Prudence" for Stock Drop Cases
The Supreme Court's DOMA Decision: Impact of the Changing Definition of "Spouse" on Employee Benefits
"Play or Pay" Employer Mandate Delayed Until 2015; No Change to Effective Date for Most Other Affordable Care Act Requirements
- October 2010
Collier Monograph: Employee Benefits and Executive Compensation in Corporate Bankruptcy (Second Edition)
- July 2008
Collier Monograph: Employee Benefits and Executive Compensation in Corporate Bankruptcy
- December 5, 2013
Employees Benefits and Executive Compensation, Cleveland Tax Institute
- December 6, 2011
Executive Compensation: Emerging Issues & Preparing for 2012
- May 20, 2010
Federal Health Care Reform--Effects on Employers; Tax Executives Institute, Inc., Cleveland Chapter
- University of Virginia (J.D. 1980; Order of the Coif; Law Review); Baldwin Wallace University (B.A. summa cum laude 1977)
- New York and Ohio
The Best Lawyers in America 2007-2017
Chambers USA 2006-2016 (Band 1) — "peers admire his intellect and strong communication skills"
Legal 500 US 2008 — "responsive, professional and intelligent" and "understands our business needs"