Executive Compensation Strategies in Periods of Disruption
It is a significant undertaking to effectively set goals, performance metrics, and targets when things are going well; but what about when the business is undergoing transformation? During these periods—for example major transactions, CEO transitions, business line restructuring, financial distress, or prolonged macroeconomic volatility— it is critical that compensation committees consider the extent to which pay plans can or should be adapted. At the February 10, 2015 NACD Compensation Committee Chair Advisory Council meeting, Fortune 500 compensation committee chairs met to share lessons and experiences in a dialogue co-hosted with Farient Advisors. Please log in to download the summary from the meeting.