Banking Compensation 2017

Demanding Times Require the Right Director Compensation Strategy!

Shareholders, activists and the media are increasing their scrutiny of director pay at public companies; while at the same time the responsibilities and risks associated with directorship in both public, private and not-for-profit organizations are increasing. Are the members of your board being adequately compensated for today’s demanding governance environment and its unique challenges? You need to bring on new directors with critical emerging skills required to ensure that your bank remains relevant and successful in today’s environment.

• What is the board’s role beyond CEO succession planning?
• How are boards identifying and mentoring the development of leaders from within?
• What key questions should boards and compensation committees be asking in order to ensure that a strong bench of leadership talent is being developed at the bank?
• What are best practices in board governance?

Kristine Oliver, managing director with Pearl Meyer, will highlight findings from the 2017 Banking Compensation Survey, as well as the bi-annual Director and Governance Practices Survey, both of which were conducted by Pearl Meyer for the Massachusetts Bankers Association. In addition, she will provide an update on recent developments through Dodd-Frank pertaining to executive compensation and will discuss how banks can ensure their pay programs are aligned with their business and leadership strategies. 

You Will Learn About:

• Trends in bank compensation programs within the local community banking market
• Trends in directors’ fees, benefits, and committee pay
• Best practices in board governance
• Ways to promote orderly board turnover
• Developments in other operational practices, including board evaluation, strategic planning, and succession planning