Magazine : Archives : 3rd Quarter 2023

CEO Performance Takes Center Stage

The talent environment remains tough, according to Bank Director’s 2023 Compensation Survey, sponsored by Chartwell Partners. While hiring pressures eased somewhat, compensation costs continued to climb. Conducted in March and April 2023, the survey examines the talent landscape, and gathers pay data for CEOs and boards. More than half of responding directors and executives report increased difficulty in hiring talent, representing a decline of 22 percentage points from the proportion who said the same a year earlier. This year’s survey also finds a renewed focus on aligning pay with performance, which could reflect underlying concerns around attracting and retaining top...