Events : Bank Compensation & Talent Conference

Pre-Conference Event | Monday, November 7

12:30 PM – 5:00 PM
Bank Compensation Workshop
Sponsored by: Blanchard Consulting Group and Chartwell Partners
The Bank Compensation Workshop provides an up-to-the minute, hands-on, interactive overview for compensation committee members and HROs. The objectives of the pre-conference workshop are to equip participants to perform effectively and sustainably in their roles, to provide confidence in the execution of their duties and to give all attendees context in order to maximize their overall conference experience. To view the workshop agenda, please click here.

5:00 PM – 6:00 PM
Bank Compensation & Talent Conference Welcoming Peer & Guest Reception
All workshop and conference attendees gather to network and enjoy conversations with their peers.

Day One | Tuesday, November 8

7:00 AM – 8:00 AM
Breakfast & Registration
Sponsored by: Kaplan Partners

8:00 AM – 8:10 AM
Day One Welcome
Michelle King, President, Bank Director
Laura Schield, Chief Operating Officer, Bank Director
Bank Director welcomes attendees to the annual Bank Compensation & Talent Conference.

8:10 AM – 8:40 AM
A Snapshot on Key Banking Issues
This session is an overview of what is happening in banking today that relates to members of the Compensation Committee and the head of Human Resources.

8:40 AM – 9:10 AM
Under Consideration in Washington
Todd Leone
, Partner, McLagan
Regulations continue to change and develop. This session focuses on those changes and what is most important to those banks in our audience.

9:10 AM – 9:40 AM
Ideas to Create Value within Transformative Events
Anthony Eppert
, Partner, Hunton Andrews Kurth LLP
Transformative events come in all shapes and sizes (e.g., M&A event, retirement of a key employee, capital raises, etc.). The purpose of this presentation is to share ideas on how compensation can be structured so that when a transformative event later occurs, the key employee is properly incentivized towards increasing shareholder value. To that end, some of our discussion points include: (i) smoothing the transition triggered by a key employee retiring; (ii) how to initially set terms within a new or revised executive contract so that the key employee has individual negotiation power when the bank later sells in an M&A event; (iii) for privately-held banks, how to use an ESOP to create a tax-advantaged liquidity program for the trading of compensatory equity awards; (iv) raising capital and using an ESOP as a partial solution; and more!

9:40 AM – 9:55 AM
Refreshment Break

9:55 AM – 11:20 AM
Peer Exchanges: Key Compensation Conversations
Off-the-record peer exchanges, exclusive to banker attendees, allow those from similar, non-competitive institutions the chance to meet in closed-door sessions for candid discussions around compensation issues. Groups are determined by title, type of institution (private or public) and asset size of the bank.

Compensation Committee Chairs and Members may discuss topics such as:

  • What metrics have you built into your short- and long-term incentive plans?
  • Does your compensation committee work with the board’s audit/risk committee to make a determination on compensation risk, and how does that process work?
  • Does your bank have anti-hedging, pledging policies or clawback policies?

Human Resources Officers may discuss topics such as:

  • What are the biggest challenges your bank is having with executive compensation?
  • How do you and your staff support the compensation committee?
  • What types of performance measures do you use in your incentive plans for executives in your bank?

CEOs may discuss topics such as:

  • What comparative data do you use to guide salary decisions throughout your organization?
  • Do directors at your bank receive any other benefits beyond cash and/or equity compensation?
  • How does your bank use cash-based incentives throughout the organization at all levels?

Bank Chairs may discuss topics such as:

  • How do you structure the committees on your board – and how is the director pay affected by those committees’ roles?
  • What steps has your board taken to comply with the federal guidance on compensation risk?
  • Does your bank have a board retirement age?

11:20 AM – 12:20 PM
Networking Lunch

12:20 PM – 1:45 PM
Peer Exchanges: Finding & Developing Talent
The same groups of similar attendees meet in closed-door, off-the-record peer sessions for candid discussions around the issues of talent.

Compensation Committee Chairs and Members may discuss topics such as:

  • What is the trajectory for young talent in your organization?
  • How do you work with your Human Resources department?
  • Do you have an emergency succession plan in place in the event of a sudden departure of your CEO or other key role on the senior team?

Human Resources Officers may discuss topics such as:

  • Is there anything that your bank has done that would be helpful to share with the group around best practices related to talent acquisition?
  • How do you balance your duty to the board and your duty to senior management, and how do you handle conflicts between the two when they arise?
  • Are you considering or has your bank implemented a Universal Banker in branches?

CEOs may discuss topics such as:

  • What percentage of your senior management team will retire in the next five years or so, and do you have a succession plan in place?
  • What are the key roles that cannot be filled inside your bank?
  • What does your bank do to retain talent?

Bank Chairs may discuss topics such as:

  • Do you have a workable succession plan in place for your CEO?
  • How is your bank developing next generation talent?
  • How is your board addressing talent management and succession planning matters?

2:00 PM – 2:40 PM
Breakout Sessions
Additional sessions to be announced.

Breakout I: Making the Most of Your Bank Officer Titling Practices
Kathy Baron, Principal, Pearl Meyer
Karen Butcher, Managing Director, Pearl Meyer
There are both opportunities and potential pitfalls when it comes to structuring officer roles, determining titling structures and making promotion decisions. In this age of heightened talent retention concerns, the need for consistent, steady leadership and transparency at all levels in a financial organization is high. This session shares recent survey data on how peers are approaching job titling overall and offers ideas on how your institution can examine its own structure to ensure it is working to benefit your bank.

2:40 PM – 2:55 PM
Refreshment Break

2:55 PM – 3:35 PM
Breakout Sessions
Additional sessions to be announced.

Breakout I: ESG Metrics: Are They Right for Your Bank’s Incentive Plans?
Shaun Bisman, Principal, Compensation Advisory Partners
Mike Bonner, Principal, Compensation Advisory Partners
Liz Herron, Executive Compensation Manager, KeyBank
Marko Piedmont, AVP, Reward Senior Analyst, Citizens Financial Group
Companies are increasingly focused on environmental, social and governance (ESG) issues. As companies continue to define their ESG strategies and determine how to achieve them, we have seen an increase in the use of ESG metrics in incentive plans. In the banking industry, we have seen the largest banks incorporate diversity, equity and inclusion (DE&I) metrics into their incentive plans. But are ESG metrics right for your bank? In this session, we discuss the factors banks should consider when evaluating whether to incorporate DE&I and other ESG metrics in their incentive programs. We also include examples of how leading banks have incorporated DE&I metrics into their incentive plans.

3:45 PM – 4:00 PM
Addressing the Challenging Compensation Landscape
Flynt Gallagher
, President, Newcleus Compensation Advisors
Emily McCormick, Vice President of Research, Bank Director
In this session, we share insights from our annual Compensation Survey.

4:00 PM – 4:30 PM
How The Board Knows The Bank Has The Right Talent
Tomorrow’s jobs will look different from today’s. This session looks at what boards can do to add value to digital transformation efforts – specifically with respect to the people needed to grow.

4:30 PM – 5:00 PM
Technology & Talent
Your next executive hire may have more to do with tech than banking. In this session, we explore how talent needs have changed due to technology trends.

5:00 PM – 6:00 PM
Networking Peer & Guest Reception

 

Day Two | Wednesday, November 9

7:00 AM – 8:00 AM
Breakfast
Sponsored by: McLagan

8:00 AM – 8:10 AM
Day Two Welcome
Michelle King, President, Bank Director
Laura Schield
, Chief Operating Officer, Bank Director
Bank Director welcomes all attendees back to the second day of presentations.

8:10 AM – 8:40 AM
Know and Grow Your Talent: Linking Talent Management to Retention
Kathy Baron
, Vice President, Pearl Meyer
Loreen Lagatta
, Principal, Pearl Meyer
Many banks are grappling with the “great reshuffle” – a fallout from the global pandemic. Executives and employees at all levels are reassessing their career goals and work-life balance. Do you have the best retention strategies in place to keep leaders engaged, motivated and developing, to ensure a healthy talent and succession pipeline? In this session, we explore ways organizations can differentiate themselves when competing for talent and create retention strategies beyond pay and benefits. The discussion includes: being proactive about succession planning and identifying high-potential employees; improving culture and investing in diversity, equity and inclusion programs; and creating individualized development plans that will engage and grow leaders and high potential employees.

8:40 AM – 9:10 AM
The War for Attracting Talent in Banking: New Realities, New Strategies
Alan Kaplan, Founder & CEO, Kaplan Partners
Talent has become the defining element for success in today’s highly competitive and evolving industry. Now more than ever, bank leaders and board members need to adapt to the new realities of the talent landscape, and craft strategies to differentiate and succeed in the battle for employees. This session will provide insights into best practices in the evolving talent market.

9:20 AM – 10:00 AM
Breakout Sessions
Sessions to be announced.

10:00 AM – 10:15 AM
Refreshment Break

10:15 AM – 10:55 AM
Breakout Sessions
Additional sessions to be announced.

Breakout I: Board Performance Surveys & Evaluations
Emily McCormick, Vice President of Research, Bank Director
Jackie Wall, Vice President of Bank Services, Bank Director
In this session, new directors learn about the basics related to overall board performance and evaluation of the board.

11:05 AM – 11:45 AM
Addressing the Talent Gap
Jenny Augustine
, Human Resources Director, ConnectOne Bank
Penny Camp, EVP, Chief People Officer, Bank Independent
Eric Thompson, EVP, Chief Human Resources Officer, Vantage Bank
Moderated by: Naomi Snyder, Editor-in-Chief, Bank Director
Banks are struggling to find the talent they need in a tight labor market. Hear from innovative senior leaders at banks about what they’re doing to address the problems of finding great talent in the current market.