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Brett A. Herand

Principal
Chicago

brett-herand-headshot

Expertise

  • Executive Pay
  • Incentive Design
  • Performance Measurement
  • Insurance Industry
  • Private Companies

Education

  • BS, Arizona State University

Get in touch with Brett

(312) 242-3058 Download Bio LinkedIn Email

Commitment To Clients

My clients are united in their mission to use compensation design to support key strategic priorities. My clients recognize and understand that doing what everyone else is doing has never been—and never will be—an effective pay strategy. Ultimately, I believe the best compensation programs are those that align pay with performance, balance simplicity with accuracy, are quantitatively driven, incorporate decisive and seasoned business judgment, and are grounded in a company’s key business issues.

Biography

Brett Herand is a principal in the Chicago office of Pearl Meyer. Specializing in executive compensation, he works with boards and management on issues related to performance measurement and value creation, incentive plan design, and technical advisory work with respect to tax, accounting, and SEC regulatory issues. Mr. Herand works with public and private companies across many industries, including financial and diversified services, technology, and manufacturing. He has been quoted in various publications, including Workspan and Directorship magazines, Agenda, and Bloomberg.

Prior to joining Pearl Meyer in 2008, Mr. Herand spent five years in Mercer's human capital practice in Chicago, working in executive remuneration. He holds a Bachelor's Degree in Finance from the W.P. Carey School of Business at Arizona State University.

Publications and Presentations

Research Report
Brett Herand
March 2020

Will Coronavirus Affect Executive Base Salary Planning?

Data from the week of 3/23/2020 on how companies are approaching executive base salary adjustments in light of the pandemic.

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Advisor Blog
Brett Herand
March 2020

Point-in-Time Results: How are Companies Handling Executive Base Salaries?

Given the record response rate to a recent quick poll, we’re sharing early results on how companies are thinking about executive base pay. Complete results will be available Monday, March 30.

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Research Report
Brett Herand
December 2019

Overlap of Executive Incentive Plan Performance Measures: Is the Concern Warranted?

Our statistical analyses of the data uncovers whether or not the increase in proxy advisor scrutiny on “redundant” incentive plan measures is justified.

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Advisor Blog
Brett Herand
Haleigh Stilton
April 2019

Driving Innovation Through Corporate Venture Capital and Carried Interest

Mature companies can mirror the incentive pay practices of market disruptors to help drive innovation.

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Related Knowledge Share Items

Client Alert
March 2015

Developing Your NAIC Corporate Governance Annual Disclosure (CGAD)

Details for insurance companies on Sections 1 and 2 of the NAIC's Corporate Governance Annual Disclosure (CGAD) regulations.

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Advisor Blog
Jane Park
January 2021

A Flexible Organizational Structure and Positive Corporate Culture are Strategic Imperatives

Embracing flatter hierarchies, encouraging collaborative decision-making, and exhibiting a positive culture provides a strong competitive advantage.

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Article
Catherine Chadwick
December 2020

A Look Back at the FTSE 350 and Executive Compensation in 2020

Examining the UK experience with COVID-19, corporate performance, and CEO remuneration—and expectations for 2021.

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Advisor Blog
Jon Boba
December 2020

Real Estate Executive Compensation Data Show Some Hope Amidst Industry Challenges

Survey data show there may be some bright spots in 2021, such as homebuilding and industrial sites, among the hard-hit sub-sectors in the real estate industry.

Read More
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