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Trends and Regulations in Incentive Pay
Naomi Snyder, editor-in-chief at Bank Director
Background Sterling Financial Corp. of Spokane, Washington, first started reviewing the risk inherent in its incentive compensation plans back in 2009, when it was a troubled bank operating under a consent order that has since been lifted. “The first few times we spent several hours with the compensation committee so they understood what they were signing off on,’’ said Karla Gehlen, executive vice president of human resources for the $9.6-billion institution, speaking at a Bank Director conference in 2012. She said the bank board and officers wanted to make sure it was thorough so “regulators would have less to poke...
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Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan. You can contact Naomi at email@example.com.