Press Releases

Executive Pay Consultancy Pearl Meyer & Partners Opens San Francisco Office

SAN FRANCISCO, July 20, 2011—Independent compensation consultancy Pearl Meyer & Partners (PM&P) announced today the expansion of its West Coast practice to San Francisco with the opening of an office to be headed by Managing Director Shekhar Purohit. The firm also has offices in Los Angeles, San Jose, New York, Atlanta, Boston, Charlotte, Chicago and Houston.

Mr. Purohit advises public, private and family-owned companies on compensation and governance issues. He works extensively with U.S. multinationals to align their Asia-Pacific compensation strategy with their global vision and assists leading Indian and Chinese multinational conglomerates to develop their global, regional, and local total rewards and compensation strategies. Mr. Purohit previously was a Principal and Global Compensation Consulting Leader at Hewitt Associates.

Pearl Meyer & Partners consults on compensation governance, strategy and program design in a broad range of industries and for companies from venture-backed start-ups to the largest multinationals. The firm works widely in the life science and technology segments, including software, semiconductors and semiconductor equipment, computers and peripherals, technology services, research & development, consumer electronics, new media, medical devices, pharmaceuticals, and bioscience.

“The expansion of our West Coast presence to San Francisco continues our long-standing commitment to the high tech and life sciences companies in and around Silicon Valley,” said Dave Swinford, President and CEO of Pearl Meyer & Partners. “Shekhar brings the specific expertise and experience needed to serve the needs of this sector.”

Information on Technology Pay Trends

Pearl Meyer & Partners provides extensive commentary and research in executive pay practices and trends within the technology industry at www.pearlmeyer.com/technology. Its new survey, PM&P On Compensation Planning: Looking Ahead to Pay Practices in 2011 – Technology Edition examines how companies are responding to the latest regulatory, economic and governance changes in the executive pay environment.

Pearl Meyer & Partners’ three California offices are located at:

About Pearl Meyer & Partners

For more than 20 years, Pearl Meyer & Partners (www.pearlmeyer.com) has served as a trusted independent advisor to Boards and their senior management in the areas of compensation strategy and program design, compliance and reporting, and committee structure, policies and procedures. The firm provides comprehensive solutions to complex compensation challenges for companies across all industries ranging from the Fortune 500 to smaller private companies and not-for-profits, as well as emerging high-growth companies. These organizations rely on Pearl Meyer & Partners to develop programs that align rewards with long-term business goals to create value for all stakeholders: shareholders, executives, and employees.