UBS Bulks Up Equity Compensation Unit

Karen Damaso has joined UBS Wealth Management America to support new business development initiatives in the equity compensation services division.

Based in New Jersey, Damaso will focus on driving corporate client sales with key prospects in collaboration with financial advisers. She will report to Michael Barry, head of the business.

Damaso joins UBS with more than 16 years of corporate sales experience and seven years of corporate equity compensation experience. Her previous roles include director of sales at Equity Methods, a pioneer of FAS 123R/ASC 718 software and provider of consulting services for the valuation and expensing of share-based awards. She has also been director of sales at Bank of American Merrill Lynch.

At both firms, Damaso helped corporate clients solve complex equity valuation and financial reporting compliance challenges.  Prior to joining Equity Methods, Damaso held various sales leadership roles for corporate financial services and tax consulting firms, as well as start-up technology ventures. 

Damaso holds a bachelor’s degree in business administration from Saint Mary’s College in Notre Dame, Indiana.

UBS Wealth Management Americas is a division of UBS AG.