Fenton D. Strickland
Partner
Office: Indianapolis
fstrickland@kdlegal.com
p: 317-238-6337
f: 317-636-1507
Fenton Strickland is a Partner in Krieg DeVault's Employee Benefits and Executive Compensation Practice. He focuses his practice on employee stock ownership plans (ESOPs) and ESOP transactions and advises clients on all matters of retirement plans, incentive plans, and executive compensation. In his ESOP practice, Mr. Strickland represents ESOP trustees, companies, boards of directors, banks, and selling shareholders across the country in ESOP transactions, ESOP plan design and implementation, and ESOP administration and governance. He has represented companies and trustees in purchases and sales of business in dozens of transactions.
Mr. Strickland brings a rich professional experience to his client service and strives to apply his background as both a CPA and an attorney serving a wide range of industries and companies of all sizes to transform complicated issues into simple solutions. Before joining Krieg DeVault, Mr. Strickland served the Indiana Judiciary in two separate instances, first as a Judicial Clerk to Justice Brent Dickson of the Indiana Supreme Court and later as the Counsel to the Chief Justice of Indiana, serving the State’s judicial branch in chief administrative, legal, and financial roles. Between those periods of service to the State, Mr. Strickland had a national tax law practice at another firm and has extensive experience in state income, sales and use, real estate, personal property, and unemployment taxes, appearing in numerous cases before the Indiana Supreme Court, Court of Appeals, Tax Court, and various administrative bodies. As a CPA, before kicking off his legal career, Mr. Strickland worked in public accounting and various accounting management positions.
Professional Associations
- The ESOP Association (Finance Advisory Committee)
- The ESOP Association, Indiana Chapter (Member)
- National Center for Employee Ownership (Member)
- Ohio Employee Ownership Center (Member)
- Indiana Benefits Committee (Executive Board)
- Indiana State Bar Association (Member)
- Indianapolis Bar Association, Professionalism Committee & Tax Section Executive Board
- Indianapolis Bar Association Bar Leader Series, Class of 2011
Seminars and Presentations
- Bulletproofing a Deal: Post-Transaction Considerations, Ohio Employee Ownership Center Annual Conference (August 2020)
- Corporate Governance in an ESOP Company, National Center for Employee Ownership Annual Conference (April 2020)
- Corporate Governance in ESOP Companies, National Center for Employee Ownership Annual Conference (April 2019)
- Corporate Governance in an ESOP Company, The ESOP Association, Indiana Chapter Annual Conference (March 2019)
- Selling Your Company to an ESOP: Step by Step, National Center for Employee Ownership Annual Conference (April 2018)
- The Evolving Fiduciary Process: Practical Lessons from Recent Cases, The ESOP Association National Conference (November 2017)
Education
- J.D., summa cum laude, Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2005
- B.S. in Business (Accounting), Indiana University, Bloomington, Indiana, 1994
Bar & Court Admissions
- Indiana, 2005
- U.S. District Court for the Northern District of Indiana
- U.S. District Court for the Southern District of Indiana
Practices
Industries
Hockey
Baseball
Landscaping
Employee Benefits
DOL Finalizes Rule Providing Alternative Safe Harbor Method for Electronic Disclosure by ERISA Retirement Plans
May 28, 2020
Employee Benefits
IRS Guidance Increases FSA Carryover Limit, Clarifies Reimbursement of Individual Health Coverage Premiums
May 14, 2020
Krieg DeVault Podcast Series
How Employee Benefits Law Impacts Every Workplace with Catherine “Katy” Stowers (Podcast)
May 30, 2024
Employee Benefits
Plan Sponsors Take Note: New Litigation Brings Attention to Potential Fiduciary Risk for Group Health Plan Sponsors
March 26, 2024
Business
Is Your Business Ready? Preparing for and Complying with the Corporate Transparency Act
August 31, 2023
Employee Benefits
IRS Extends Effective Date for Roth Treatment of Catch-Up Contributions to 2026
August 30, 2023
Employee Benefits
Secure Act 2.0 Allows Employers to Make Matching Contributions to Retirement Plans Based on Employees’ Student Loan Payments
August 17, 2023
Firm News and Events
Krieg DeVault Announces 10 Attorneys as 2023 Indiana Super Lawyers; 9 as 2023 Indiana Rising Stars
February 28, 2023
Employee Benefits
Fiduciary Alert: New ERISA Group Health Plan Service Provider Fee Disclosures Require Plan Sponsor Attention
January 4, 2023
Employee Benefits
Guidance on New RMD Rules in IRS Notice 2022-53; Final Regulations Forthcoming
November 16, 2022
Firm News and Events
William W. Merten Joins Krieg DeVault’s ESOP and Employee Benefits & Executive Compensation Practices
September 22, 2022
Employee Benefits
IRS Announces Launch of Pre-Examination Compliance Program for Qualified Retirement Plans
June 28, 2022
Employee Benefits
Revenue Procedure 2021-30 Brings Welcome Changes to IRS Correction Program
September 8, 2021
Employee Benefits
U.S. Department of Labor Issues Cybersecurity Guidance for Retirement Plans
July 13, 2021
Employee Benefits
DOL Issues Temporary Safe Harbor for Missing Participants in Terminating Defined Contributions Plans
July 6, 2021
Employee Benefits
IRS Provides Flexibility for Cafeteria Plans to Permit Mid-Year Election Changes, Extend FSA and DCAP Claims Periods
May 13, 2020
Employee Benefits
DOL and IRS Pandemic Relief for Group Health Plans and Retirement Plans
May 12, 2020
Employee Benefits
Employer Tax-Free, Deductible Disaster Relief Benefits for Employees
April 20, 2020
Employee Benefits
The CARES Act: Changes Posed to Employer-Sponsored Retirement Plans
March 31, 2020
Employee Benefits
IRS to Issue Guidance for High Deductible Health Plans in Light of COVID-19
March 10, 2020
Employee Benefits
The Setting Every Community Up for Retirement Enhancement (SECURE) Act
February 26, 2020
Employee Benefits
Mandatory Arbitration, Class Action & Exhaustion Provisions: Cause to Amend Claims Procedures?
February 24, 2020
Firm News and Events
Corben A. Lee Joins Krieg DeVault's Business, Acquisitions, and Securities and Employee Benefits and Executive Compensation Practice Groups
January 27, 2019
Firm News and Events
10 Krieg DeVault Attorneys Named to 2019 Best Lawyers in America Listing
August 14, 2018
Thought Leadership
Recent Guidance for the Mental Health Parity Act: Are You in Compliance?
June 18, 2018
Thought Leadership
IRS Reduces 2018 Limits for Health Savings Accounts and Adoption Credits
March 11, 2018
Fenton Strickland is a Partner in Krieg DeVault's Employee Benefits and Executive Compensation Practice. He focuses his practice on employee stock ownership plans (ESOPs) and ESOP transactions and advises clients on all matters of retirement plans, incentive plans, and executive compensation. In his ESOP practice, Mr. Strickland represents ESOP trustees, companies, boards of directors, banks, and selling shareholders across the country in ESOP transactions, ESOP plan design and implementation, and ESOP administration and governance. He has represented companies and trustees in purchases and sales of business in dozens of transactions.
Mr. Strickland brings a rich professional experience to his client service and strives to apply his background as both a CPA and an attorney serving a wide range of industries and companies of all sizes to transform complicated issues into simple solutions. Before joining Krieg DeVault, Mr. Strickland served the Indiana Judiciary in two separate instances, first as a Judicial Clerk to Justice Brent Dickson of the Indiana Supreme Court and later as the Counsel to the Chief Justice of Indiana, serving the State’s judicial branch in chief administrative, legal, and financial roles. Between those periods of service to the State, Mr. Strickland had a national tax law practice at another firm and has extensive experience in state income, sales and use, real estate, personal property, and unemployment taxes, appearing in numerous cases before the Indiana Supreme Court, Court of Appeals, Tax Court, and various administrative bodies. As a CPA, before kicking off his legal career, Mr. Strickland worked in public accounting and various accounting management positions.
Professional Associations
- The ESOP Association (Finance Advisory Committee)
- The ESOP Association, Indiana Chapter (Member)
- National Center for Employee Ownership (Member)
- Ohio Employee Ownership Center (Member)
- Indiana Benefits Committee (Executive Board)
- Indiana State Bar Association (Member)
- Indianapolis Bar Association, Professionalism Committee & Tax Section Executive Board
- Indianapolis Bar Association Bar Leader Series, Class of 2011
Seminars and Presentations
- Bulletproofing a Deal: Post-Transaction Considerations, Ohio Employee Ownership Center Annual Conference (August 2020)
- Corporate Governance in an ESOP Company, National Center for Employee Ownership Annual Conference (April 2020)
- Corporate Governance in ESOP Companies, National Center for Employee Ownership Annual Conference (April 2019)
- Corporate Governance in an ESOP Company, The ESOP Association, Indiana Chapter Annual Conference (March 2019)
- Selling Your Company to an ESOP: Step by Step, National Center for Employee Ownership Annual Conference (April 2018)
- The Evolving Fiduciary Process: Practical Lessons from Recent Cases, The ESOP Association National Conference (November 2017)
Education
- J.D., summa cum laude, Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2005
- B.S. in Business (Accounting), Indiana University, Bloomington, Indiana, 1994
Bar & Court Admissions
- Indiana, 2005
- U.S. District Court for the Northern District of Indiana
- U.S. District Court for the Southern District of Indiana
Practices
Industries
Insights
Employee Benefits
DOL Finalizes Rule Providing Alternative Safe Harbor Method for Electronic Disclosure by ERISA Retirement Plans
May 28, 2020
Employee Benefits
IRS Guidance Increases FSA Carryover Limit, Clarifies Reimbursement of Individual Health Coverage Premiums
May 14, 2020
Krieg DeVault Podcast Series
How Employee Benefits Law Impacts Every Workplace with Catherine “Katy” Stowers (Podcast)
May 30, 2024
Employee Benefits
Plan Sponsors Take Note: New Litigation Brings Attention to Potential Fiduciary Risk for Group Health Plan Sponsors
March 26, 2024
Business
Is Your Business Ready? Preparing for and Complying with the Corporate Transparency Act
August 31, 2023
Employee Benefits
IRS Extends Effective Date for Roth Treatment of Catch-Up Contributions to 2026
August 30, 2023
Employee Benefits
Secure Act 2.0 Allows Employers to Make Matching Contributions to Retirement Plans Based on Employees’ Student Loan Payments
August 17, 2023
Firm News and Events
Krieg DeVault Announces 10 Attorneys as 2023 Indiana Super Lawyers; 9 as 2023 Indiana Rising Stars
February 28, 2023
Employee Benefits
Fiduciary Alert: New ERISA Group Health Plan Service Provider Fee Disclosures Require Plan Sponsor Attention
January 4, 2023
Employee Benefits
Guidance on New RMD Rules in IRS Notice 2022-53; Final Regulations Forthcoming
November 16, 2022
Firm News and Events
William W. Merten Joins Krieg DeVault’s ESOP and Employee Benefits & Executive Compensation Practices
September 22, 2022
Employee Benefits
IRS Announces Launch of Pre-Examination Compliance Program for Qualified Retirement Plans
June 28, 2022
Employee Benefits
Revenue Procedure 2021-30 Brings Welcome Changes to IRS Correction Program
September 8, 2021
Employee Benefits
U.S. Department of Labor Issues Cybersecurity Guidance for Retirement Plans
July 13, 2021
Employee Benefits
DOL Issues Temporary Safe Harbor for Missing Participants in Terminating Defined Contributions Plans
July 6, 2021
Employee Benefits
IRS Provides Flexibility for Cafeteria Plans to Permit Mid-Year Election Changes, Extend FSA and DCAP Claims Periods
May 13, 2020
Employee Benefits
DOL and IRS Pandemic Relief for Group Health Plans and Retirement Plans
May 12, 2020
Employee Benefits
Employer Tax-Free, Deductible Disaster Relief Benefits for Employees
April 20, 2020
Employee Benefits
The CARES Act: Changes Posed to Employer-Sponsored Retirement Plans
March 31, 2020
Employee Benefits
IRS to Issue Guidance for High Deductible Health Plans in Light of COVID-19
March 10, 2020
Employee Benefits
The Setting Every Community Up for Retirement Enhancement (SECURE) Act
February 26, 2020
Employee Benefits
Mandatory Arbitration, Class Action & Exhaustion Provisions: Cause to Amend Claims Procedures?
February 24, 2020
Firm News and Events
Corben A. Lee Joins Krieg DeVault's Business, Acquisitions, and Securities and Employee Benefits and Executive Compensation Practice Groups
January 27, 2019
Firm News and Events
10 Krieg DeVault Attorneys Named to 2019 Best Lawyers in America Listing
August 14, 2018
Thought Leadership
Recent Guidance for the Mental Health Parity Act: Are You in Compliance?
June 18, 2018
Thought Leadership
IRS Reduces 2018 Limits for Health Savings Accounts and Adoption Credits
March 11, 2018