Santa Clara University

Marilyn J. Perkins Claassen
Memorial Scholarship Program

The Marilyn J. Perkins Claassen Memorial Scholarship Program is to be awarded each year to two members of the stock plan community who wish to pursue the Certified Equity Professional (CEP) designation through Santa Clara University CEP Institute (CEPI).

The original Marilyn J. Perkins Claassen Scholarship was funded by the Certified Equity Professional Institute.  From 2009 - 2011, OptionEase sponsored a second scholarship.  In 2012, the CEPI welcomed OPTRACK as a sponsor to further expand the program.

The successful applicant will be provided with a full scholarship for all three levels, excluding exam materials. The recipient will be required to take all three exams within five (5) test cycles; the scholarship will expire at the end of five test cycles. If a scholarship recipient has already completed one or more levels of the CEP program, the scholarship will cover the costs of the remaining levels, excluding materials, to be completed within four (4) test cycles.

Scholarship Recipients

2013

  • Antonia Harris - Scholarship sponsored by the Certified Equity Professional Institute
  • Shirley Meirose - Scholarship sponsored by OPTRACK

2012

  • Carman Callahan - Scholarship sponsored by OPTRACK
  • Michael Ellis - Scholarship sponsored by the Certified Equity Professional Institute

2011

  • Tracy Johnson - Scholarship sponsored by the Certified Equity Professional Institute
  • Kelly Resnick, CEP - Scholarship sponsored by OptionEase

2010

  • Jill Chris, CEP - Scholarship sponsored by the Certified Equity Professional Institute
  • Kelley Moore, CEP - Scholarship sponsored by OptionEase
2009
  • Kevin Feeney - Scholarship sponsored by OptionEase
2008
  • Michele Addington - Scholarship sponsored by the Certified Equity Professional Institute
2007

Eligibility Criteria

Applicants can come from any country and must have at least 2 years experience working in the equity compensation field. Once a scholarship award recipient has successfully earned the CEP designation, the recipient will be expected to be an active participant in the CEP Institute by volunteering to assist in the test preparation activities. It is expected that recipients will be involved in the stock plan community by volunteering with their local NASPP and/or GEO chapters and represent the CEPI at industry events. The recipients will be expected to promote the CEP designation throughout their career in the stock plan industry.

Selection

The successful applicant will demonstrate many of the same qualities that Marilyn demonstrated such as: commitment to improving the stock plan profession, public service, integrity, enthusiasm, energetic approach, and passion for the importance of obtaining the CEP designation. The selection committee includes at least one professional who knew Marilyn, as well as a representative from Santa Clara University. The selection committee and process is to be managed by the CEPI Advisory Board.

Application

To be considered for a scholarship, the applicant form and requested documentation must be complete and delivered or post marked on or before the deadline.

  1. Application Form (click here to download)
  2. Current copy of your resume. 
  3. 250-400 word summary statement of your long-term professional goals relevant to the equity compensation field and why obtaining a CEP designation is important to you.
  4. A letter of recommendation from an individual who is qualified to evaluate your qualifications.
  5. If applying for both scholarships: a brief summary (maximum 200 words) of your accounting background.  Include education, work experience, and any other relevant information.

Deadlines

A completed application package should be delivered by August 15th or the following Monday, if the 15th falls on a weekend. All application documents must be in English. The Marilyn J. Perkins Claassen Memorial Scholarship will be awarded each summer, beginning in 2007, with the recipient to be notified by September 1 in order to begin preparing for the November exam.

Delivery Instructions

Completed package should be delivered to: Marilyn J. Perkins Claassen Memorial Scholarship, CEP Institute, Santa Clara University, 500 El Camino Real, Santa Clara, CA 95053-0400 OR PDF documents may be delivered via email to CEPI@scu.edu.

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About OPTRACK

Launched in 2003 as the first accounting solution in the world for stock based compensation, OPTRACK (www.optrack.net) is a fully secure, web-based solution that keeps track of all activities related to employee stock options and other types of equity instruments in real time for public and private companies.  OPTRACK delivers administration, valuation, expensing, reporting, disclosures for Canada, U.S. and IFRS, outsourcing solutions and brokerage services.  OPTRACK provides valuation, accounting and expensing methods that fully comply with the guidelines of CICA 3870, ASC-718 (FAS123(R)) and IFRS-2 compliant option expensing.  OPTRACK is relied on for its completeness and accuracy of stock based compensation accounting by approximately 900 companies in Canada, United Kingdom, United States and all over the world.


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About OptionEase, Inc.

OptionEase (www.optionease.com) is leading the evolution of SaaS-delivered regulatory applications in the highly complex governance, risk and compliance (GRC) marketplace.  The company’s first product was designed specifically for audit compliance under FAS 123(R) (ASC Topic 718) and now encompasses a full suite of end-to-end equity management tools.  This SAS 70 Type II certified solution “standardizes compliance” and enables secure collaboration across multiple constituents, allowing clients to focus on strategic business functions. More than 400 private VC-funded and large multi-national public corporations rely on OptionEase's solutions and service to comply with financial and regulatory reporting requirements under FAS, SEC and IASB.  OptionEase is located in San Juan Capistrano, Calif. and funded by venture capital and private equity.

Background/History

Marilyn Perkins Claassen (1947 - 2004)

Marilyn Perkins Claassen was an inspiration to many people in the equity compensation field. She will be remembered not only for her quick mind and sharp wit, but more importantly for her compassion, patience, and generosity. Her combination of financial expertise and fearless vision continues to inspire and motivate countless individuals to become active participants and leaders in the equity compensation field.

Marilyn started in the equity compensation industry before there was a defined industry to speak of. She rapidly moved into leadership positions, driving this industry to where we are today. She was committed to growing equity compensation into a viable career path for future generations; as a revolutionary in the field, Marilyn was instrumental in founding the Certified Equity Professional Institute (CEPI) in 1989 as a way for equity professionals to gain further credibility and set a standard for job-related knowledge. Marilyn served on the CEPI Advisory Board from 1992-1994, serving as its Chair in 1993. Marilyn was also a founding member of ESSA (The Stock Forum) the original predecessor association to the National Association of Stock Plan Professionals (NASPP).

The CEPI is offering a scholarship in Marilyn’s name to honor her legacy and commemorate the significant achievements she made to the industry by doing something that she would have wanted; encouraging and enabling highly motivated candidates to pursue opportunities to advance their careers.

Many industry experts began their careers working with Marilyn. She supported, challenged, and – above all else – inspired them to greatness.

Marilyn had a vision and passion for the equity compensation profession that truly inspired so many professionals to demonstrate their knowledge by obtaining the CEP designation. She was extremely instrumental in helping to build our profession to the level of recognition that CEPs are benefiting from today. I am thankful to Marilyn for the opportunity she gave me to work for Perkins Shareholder Services in its infancy in 1994. She had an excitement for her new company that was really contagious and the experience was invaluable to me. I think Marilyn would be so pleased to see that so many employers today are seeking CEPs to manage their equity compensation programs. - Wendy Jennings, CEP

Marilyn had faith in me and my abilities and invited me to work for her when she first started Perkins Shareholder Services back when it was in a shared loft-type office in Palo Alto. She sent me to clients to teach them software, to work with new stock administrators, and on special projects. I owe the success of my career as an independent equity compensation consultant to Marilyn and the opportunity she gave me in 1995. - Joan Matlack, CEP

Marilyn was a good friend and a supportive colleague for many years. I met Marilyn early in both our careers. I was immediately taken with her style and sense of adventure, but more importantly impressed by her commitment to furthering her career objectives through continued education. Early on there were few significant educational opportunities in our field, and, many of us learned by doing our own research and relying on mentorship and support. Marilyn spent a good deal of time and effort attempting to improve the lot of stock administrators – from both educational support and professional development perspectives. She was instrumental in The Stock Forum’s initial efforts to bring more formal education to its members, and then in the original development of the CEP program at Santa Clara University. Marilyn was a soft-spoken, classy lady, whose killer wardrobe hid the bulldog’s strength, determination, and fearless tenacity she displayed in working toward her own goals and in encouraging those of others. I miss her laugh, but her confidence, support, and her example, still inspire me. – Joanne Burns

Thank you to Michael Claassen, Alisa Baker, Judy Wright, CEP, Joanne Burns, Susan Garvin, CEP, Joan Matlack, CEP, and Wendy Jennings, CEP, for providing biographical information on Marilyn.

 
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