Mike Monahan is a member of the NY/NE Territory leadership team as the assistant managing principal for People, serving as the territory’s leader for initiatives and efforts to support Grant Thornton's people and in relation to our firmwide culture journey. Mike also serves as the principal-in-charge of the territory’s Human Capital Services, and the national co-leader of the Not-for-Profit and Higher Education practices' Human Capital Services practice.
In addition to his technical experience and leadership roles, Monahan has experience providing advice, guidance and support to for-profit (public or private) companies. His experience includes developing effective long-term equity-based incentive programs; assessing, developing and implementing effective employee benefit program designs and administration practices; complying with SEC disclosure requirements; valuing stock options; assessing appropriateness of phantom share program designs; designing overall company compensation philosophies; advising boards and compensation committees on executive compensation and design issues; preparing tally sheets, wealth accumulation analyses and 280(g) calculations; assisting in the preparation of clients' CD&As; and developing effective succession planning practices in the competitive public company arena. Monahan's public company advisory experience spans a variety of industries — including but not limited to wholesale, retail, manufacturing, energy, health care (for-profit), hospitality and entertainment — for U.S. companies ranging in size from $5 billion to over $15 billion. He has been a featured speaker at various conferences and seminars, educating HR professionals and others on Affordable Care Act implications for employers.
- Health care
- Not-for-profit organizations
- Financial services
- Business consulting
- Restructuring & turnarounds
- Human capital
Professional qualifications and memberships
New York State Bar Association, Employment Law Section
Past President, Kings County Catholic Lawyer’s Guild
Permanent Deacon, Diocese of Rockville Centre (Ordained in 2011); Assigned to St. Anthony's Parish, Oceanside, NY
JD, Brooklyn Law School
MA, Pastoral Studies, Seminary of the Immaculate Conception
BA, Philosophy, SUNY Binghamton
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