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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 LinkedIn Contact Brett

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 at 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. Brett 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, Brett spent five years in Mercer's human capital practice, 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

Webcast
Brett Herand
Joe McNeal
August 2022

Creating Clarity in Incentive Strategy in an Uncertain Business Environment

A preview of the trends beginning to emerge ahead of the 2023 pay cycle to help compensation committee members prepare for the next round of pay-setting discussions.

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Article
Brett Herand
July 2022

A Time Series Analysis of Committee Chair Pay

Data and context on the relationship between historically premium pay for the audit committee chair compared to other committee chairs.

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Article
Brett Herand
June 2021

Compensation Peer Group Development in an ESG World

Exploring the business case for including a company’s ESG impact in its peer group development

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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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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
Robert James
Terry Newth
January 2023

Juggling Biotech Equity Grant Size, Dilution, and Retention

A decline in share prices creates challenges in the current equity grant cycle. Our data show how biotech companies are making adjustments.

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Ask the Expert Interview
Ryan Hourihan
January 2023

The Data Confirm It: Director Service is Changing

New data on director compensation and board composition point to a year-over-year decrease in TDC and two emerging trends.

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Research Report
Daniel Wetzel
January 2023

Looking Ahead to Executive Pay Practices in 2023: Banking Edition

Survey results from 58 public and private bank institutions outlining their expectations for executive compensation programs in 2023.

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