Unit 5: Compensation Committee Issues – Best Practices

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Video Length: 24 Minutes
Released: December 31st, 2014
Presenter: Katrina Gerenz
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In the second part of the fifth installment of our Online Training Series, Katrina Gerenz, a director at McLagan, examines the main components of an executive compensation program and actions that committees can take to motivate the right behaviors for shareholder value creation and to protect the safety and soundness of the bank.

Topics Include:

  • Compensation Planning
  • Annual Incentive Plans
  • Long-Term Incentives
  • Performance Assessments
  • Compensation Risk Management

A glossary of banking terms is included with each video unit.

About The Presenter:

Katrina Gerenz is a director within McLagan’s Regional & Community Bank Consulting Practice in our Minneapolis office. With over 17 years of compensation experience serving the banking and financial services industries, Katrina has successfully advised clients in a wide range of compensation initiatives, including developing compensation philosophies, benchmarking competitive salaries and overall pay packages, creating salary grade structures, and designing annual and long-term incentive plans.

Ms. Gerenz has expertise in director compensation, executive compensation proxy disclosure, regulatory compliance, and employment and change-in-control agreements. She manages the Regional & Community Bank Compensation Survey, which provides total compensation data for over 600 bank positions.

Ms. Gerenz earned a bachelor’s degree in business administration from the University of St. Thomas and a master’s degree in human resources and industrial relations from the University of Minnesota’s Carlson School of Management. She is also a Certified Compensation Professional.

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