Contacts:

Executive Compensation

Our consultants work with management and compensation committees to provide direction in benchmarking pay and performance for strategic executive compensation programs. We specialize in United States regional and community banks and credit unions to address the unique needs of our clients.

We Partner With Clients

Employee Rewards | Refining Your Approach to Market Data
We form strong relationships with our clients to truly understand the challenges that they face.

By maintaining an ongoing dialogue with clients throughout the year and proactively providing updates on industry changes, we provide effective solutions to issues that inevitably arise throughout the year.

Our team works with executives and boards of directors to create rewards programs that are competitive in today’s market for top leadership. We provide recommendations that are informed by real-time market intelligence, a wealth of valuation, tax and accounting expertise, and a firm-wide commitment to tracking compensation-related regulatory developments in the financial services industry. We have a dedicated team focused on helping clients understand and respond to the policies and influence of Institutional Shareholder Services (ISS) and Glass Lewis.

Specific areas of expertise include:

  • Clawback Policies
  • Compensation Committee Support
  • Compensation Policies and Dodd-Frank Section 956
  • Compensation Risk Assessments
  • Cash and Long-Term Incentive Plan Review and Design
  • Director Education
  • Equity Valuation and Accounting
  • Executive Agreements and Contracts
  • Executive Benefits
  • Executive Compensation Benchmarking
  • Peer Group Development
  • Regulatory Compliance and Support: Sound Incentive Compensation Policies
  • SEC Proxy Disclosure and CD&A Support
    •  CD&A Drafting and Support
    •  Say-on-Pay Readiness and Disclosure Preparation
    •  ISS / Glass Lewis Predictive Modeling
    •  CEO Pay Ratio Disclosure Preparation
    •  Post-Termination Disclosure (280G Impact Calculations)
  • Severance and Change-in-Control Policies
  • Stock Ownership Guidelines and Holding Requirements
  • Tax Issues: 162(m), Equity Taxation

Our skilled team also advises executives and boards on regulatory issues impacting compensation and related policies. To learn more about our specialization in regulatory and risk advisory, please click here.

 

Clients Across Life Cycle

Employee Rewards | Refining Your Approach to Market Data

We have one of the largest and most extensive proprietary databases of executive level positions globally. We provide firms with market benchmarks for their critical roles and cover base salary, and short- and long-term incentives compensation data. Our technical analytics, tailored to reflect the true market in which your firm competes for both talent and business, enable you to evaluate performance with reward. Our team works with financial services firms across different stages of their life cycle.

  • Distressed Companies: Operating under capital, liquidity, other accounting, or a regulatory situation brings special and urgent concerns regarding governance, strategy, talent assessment, and effective pay practices. Identifying what works, what needs to be discarded, and implementing change under dynamic circumstances requires proven experience.
  • Private Companies: Incentives for private companies should consider liquidity constraints and potential capital transactions / ownership transfer that may occur in the future. In addition to tax and accounting considerations and market conditions, a private ownership structure will affect the choice of long-term incentive vehicles, vesting terms, and appropriate levels of ownership dilution.
  • Publicly Traded Companies: For both directors and management teams, ensuring that reward programs meet company objectives and reflect current regulatory guidance and best practices is key. Firms will need to ensure that their compensation plans, policies, and procedures will stand up to the scrutiny of public shareholders.
  • Transitioning Companies: The IPO or sale is a milestone event for a company’s compensation structure. It brings liquidity to equity awards and can present challenges in the areas of retention and motivation as significant paper wealth is converted to real, accessible value. Anticipation of this event and ensuring employee engagement before, during, and after the IPO or sale begins well in advance of the transaction.