Industry Pioneer Carine Schneider Joins EASi as CEO

PLEASANTON, Calif., April 15, 2011 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the broker-independent SaaS company with the leading stock plan management solution, today announced leadership changes that position the company for global market expansion and accelerated growth.

Carine Schneider, 25-year industry veteran, co-founder and former CEO of Global Shares and former PricewaterhouseCoopers HRS Partner, will become CEO and bring her expertise and decades of experience in equity and executive compensation to this established SaaS company. EASi's current CEO, Vito Palmieri will assume the role of Executive Chairman and focus on investor relations and long-term strategy in partnership with Carine.

"Carine's global perspective and relationships will open doors to accelerate EASi's growth," said Palmieri. "Her energy, leadership and proven success track record is just what EASi needs at this stage," said Palmieri who has had to limit his work hours since last year for health reasons.

"I've been a big supporter of EASi since their very early days and have used the EASi solution extensively at Global Shares, so I am delighted to be at the helm of the company with the best product on the market," explained Schneider. "The EASi team has solved the complex problems facing CFOs and stock plan professionals. I look forward to spreading the word about the strengths of this platform and to making EASi the choice for companies worldwide."

Schneider was most recently CEO and co-founder of Global Shares, an independent provider of stock plan administration and consulting services. Prior to creating Global Shares, she held a senior level management position with Citigroup Stock Plan Services, was a Partner with PricewaterhouseCoopers and was the Leader of the Global Stock Plan Services group at Watson Wyatt Worldwide. She was also the Director of Customer Services for Corporate Management Solutions (now Solium/Transcentive) and was the Manager of Shareholder Relations at Oracle Corporation where she assisted in the initial public offering and managed all aspects of the company's various stock plans.

An industry pioneer, Schneider was the founding Executive Director of the National Association of Stock Plan Professionals (NASPP) and co-founder and current Board Chair of the Global Equity Organization (GEO) and has chaired the Advisory Board for the Santa Clara University Equity Professionals Certification Program. As of May 1, 2011, she can be reached at (925) 730-4343 or [email protected].

Equity Administration Solutions, Inc. www.easiadmin.com is the SaaS company that set the standard in stock plan solutions with its comprehensive industrial strength platform that handles all the accounting, tax, administration and compliance needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi serves more than 600 companies and continues to lead the industry with second-to-none solutions in areas including FAS123R, IFRS 2, Performance Awards , material modifications and WorkStream process automation. In 2010, Inc. Magazine ranked EASi 35th in the Financial Services industry segment and in the top 12% on its annual list of fastest growing private companies in America.

Contact: Amy Damianakes
EASi
[email protected]
(925) 937-4561

SOURCE Equity Administration Solutions, Inc.