Committees : Compensation
Advice compensation committees can use to maximize benefits and structure executive agreements to actually enhance shareholder value.
Don Norman, a partner at Chicago-based law firm Barack Ferrazzano, discusses some of the important issues faced by bank directors and executives as they approach year-end.
A roundtable discussion shows how bank directors are handling new challenges in compensation oversight.
Many more banks and thrifts are finding themselves subject to new compensation restrictions when they fall into the “troubled” category.
Bank Director’s latest Compensation Survey shows that bank directors on smaller bank boards work more hours than they did last year; and in many cases, they are paid less.
As banking regulators begin to demand further risk analysis or modeling to better understand pay-performance relationships, Susan O'Donnell, managing partner for Pearl Meyers & Partners suggests compensation committees consider conducting five types of additional scenario analysis or modeling.