Todd K Kaplan

Title: Todd K Kaplan: Innovator in Convertible Financial Instruments

Introduction

Todd K Kaplan is an accomplished inventor based in Winnetka, IL (US). He has made significant contributions to the field of finance through his innovative patents. With a total of 2 patents, Kaplan has focused on developing financial instruments that provide flexibility and control for issuers.

Latest Patents

Kaplan's latest patents include a groundbreaking design for convertible financial instruments with contingent payments. This invention offers incentives for holders to maintain their instruments, allowing issuers to retain control over the maturity date and settlement methods. The financial instrument is designed to enable issuers to deduct amounts for tax purposes that reflect the true economic cost. Additionally, it includes provisions for contingent payments, which may encompass contingent interest, preferred distributions, and dividends, based on specific formulae calculations. These contingent payments can be triggered by various circumstances, such as the trading value of the convertible instrument exceeding a predetermined threshold.

Career Highlights

Throughout his career, Todd K Kaplan has worked with notable organizations, including Bank of America Corporation. His experience in the financial sector has equipped him with the knowledge and skills necessary to innovate in the field of convertible financial instruments.

Collaborations

Kaplan has collaborated with esteemed colleagues, including James R Birle, Jr and David K Dolan. These partnerships have contributed to the development and refinement of his innovative ideas.

Conclusion

Todd K Kaplan stands out as a significant figure in the realm of financial innovation. His work on convertible financial instruments with contingent payments showcases his commitment to enhancing flexibility and control for issuers. His contributions continue to influence the financial industry and inspire future innovations.