HUMAN CAPITAL AND THE BOARD:
NAVIGATING RISING STAKEHOLDER EXPECTATIONS

Create Long-Term Value Through Your Pay & Talent Strategies

Ensure your compensation programs align with present realities.

At the core of every modern business in these uncertain times, behind every operation and every breakthrough, is a firm’s ability to make the most of their workforce, from the C-Suite down to the front line—and every board knows it.

This Fall, Corporate Board Member will convene a special half-day forum to help you create a playbook to address the specific, focused issues surrounding the intersection of people, business strategy and governance in your boardroom.

From volatile markets to rising inflation and soaring interest rates—and the potential for an ensuing economic slowdown—goal setting and resulting award payouts are more important than ever. Getting it right, while driving shareholder value, is the ballgame—especially right now.

FEATURED SPEAKERS

Gary Collar

Gary Collar

Compensation Committee Chair, Hillenbrand

Spencer Fleischer

Spencer Fleisher

Board Member, Clorox and Levi Strauss & Co.

Mirian Graddick-Weir

Mirian Graddick-Weir

Board Member, Booking Holdings Inc., Yum! Brands, Inc.; Retired CHRO, Merck

Duy-Loan Le

Duy-Loan Le

Board Member, Wolfspeed, National Instruments and Ballard Power Systems

Tim Mahoney

Tim Mahoney

Board Member, Agrify Corp.

John Murabito

John Murabito

Board Member, Winnebago Industries; Retired CAO, Cigna

Join your peers and subject matter experts to gain new strategies to guide your planning for 2023:

Learn how the world’s true talent magnets align business strategy with compensation to maximize both long-term shareholder gain and operational stability.

Understand what shareholders expect in terms of pay-for-performance, ESG, human capital, talent management, and corporate culture to ensure you are meeting their expectations.

Build of-the-moment compensation plans that nail down the most essential people in your organization—not just in the C-Suite, but beyond.

Assess your company’s talent risks, challenges and opportunities to improve your talent development and retention efforts throughout the organization.

Implement a consistent, but highly competitive, incentive approach that aligns with not only shareholder returns but the talent market as well.

Adapt your corporate culture to changing markets and disruption to become a workplace that attracts high-performing talent.

AGENDA

Five minute breaks incorporated throughout schedule

11:00 – 11:45 am ET

Designing plans that attract, retain and motivate your C-suite—and drive shareholder value—requires new levels of flexibility. Amid tremendous uncertainty in the market, what measures can your board take to remove some of the variability while remaining focused on shareholder value creation? You want your executives to focus on the things they can control, so how can you create goals that are more resilient to external unknowns? With 80% of executive compensation tied to relative performance, what are the pros and cons of performance shares versus stock options in LTI plans? What role do discretion and qualitative performance evaluation play, and how do you communicate these decisions to investors? We’ll dig into these questions and more as we help you reevaluate your executive pay plans for 2023. 

Featured speakers:

  • Gary Collar, Compensation Committee Chair, Hillenbrand
  • Spencer Fleisher, Board Member, Clorox and Levi Strauss & Co.
  • Mike Kesner, Partner, Pay Governance

11:50 am – 12:30 pm ET

The ESG conversation in boardrooms is no longer a debate on if the issues are important, but now rather how best to move the needle on the specific points of importance to the organization. Investor pressure for progress on ESG goals is not going to lessen in the short term, especially as it relates to DE&I and climate change. Not all of an organization’s ESG actions have to take place through incentive plans. So how do boards best hold management accountable for pursuing ESG goals? And how can boards strike the right balance of integrating ESG metrics into incentive plans? While there is no one-size-fits-all approach, we’ll help you unpack what makes sense for your organization’s situation.

Featured speakers:

  • Tim Mahoney, Board Member, Agrify Corp.
  • Duy-Loan Le, Board Member, Wolfspeed, National Instruments and Ballard Power Systems
  • Kelly Malafis, Partner, Compensation Advisory Partners

12:35 - 1:30 pm ET

As boards are asked to lead in new and different ways, the day-to-day work of directors has broadened. We’ll divide participants into small cross-industry groups for candid, off-the-record discussions to share perspectives and gain tangible insights from the boardroom on issues such as:  

  • With the compensation/HR committee’s broadened oversight, how are you rethinking your charter? 
  • How are your committee meeting agendas evolving?  
  • What tips do you have for streamlining preparation for committee meetings?  
  • How are you rethinking your compensation philosophy in the current environment?  
  • How are you evolving your approach to CEO and senior leaders’ succession and development?  
  • What does your CEO performance evaluation and feedback process look like?  

1:35 – 2:15 pm ET

The last year has been an extraordinary period in the ongoing quest to attract and retain the best talent as increased demand for employees has led to an all-out war for talent in some sectors of the economy. But inflation is changing the demands of employees, and recession fears may be driving a more cautious approach to the job market—for both employees and employers. To what extent are talent considerations strategic issues for the board versus operational problems for management? 

How can companies ensure their culture, compensation and benefits appeal to the workforce they need? How can they get smarter about ensuring the company has long-term talent plan that will actually generate value for the business over the long haul, not just patch needs for today? And how deep should the board go into these issues without overstepping their oversight role?  

Featured speakers:

  • John Murabito, Board Member, Winnebago; Former CAO, Cigna
  • Mirian Graddick-Weir, Board Member, Booking Holdings Inc., Yum! Brands, Inc.; Former EVP of HR, Merck
  • Susan Sandlund, Managing Director of Veritas Partners, a Pearl Meyer consulting practice

2:20 – 3:00 pm ET

Regulators, proxy advisors and investors all have strong opinions on executive compensation and human capital matters. They all seek greater transparency on board decisions but sometimes the evolving base of stakeholders’ views conflict—so how do boards reconcile disparate expectations? Some say the SEC’s passing of the Pay Versus Performance rule might distort investors’ perception of compensation’s alignment with performance. And the SEC is also weighing proposals for further human capital accounting disclosures, as well as finalizing clawback rules. We’ll explain the steps your board needs to take now to meet the SEC requirements while addressing potential points of contention for investors as you prepare for the 2023 proxy season.

Featured speakers:

  • Matt Lum, Principal, FW Cook
  • Stephanie Jeane, Partner, Executive Compensation, Kirkland & Ellis

3:00 pm ET

Event Concludes

WHAT TO EXPECT

summit keynote - Cyrus Taraporevala

Informative Speakers

Our diverse group of seasoned board members and expert board advisers will share concrete, actionable experiences to help you improve your expanding oversight responsibilities.

Male student wearing headphones taking online course seminar, watching webinar.

Peer Roundtables

Small group breakouts will allow you to connect with other directors for candid, off-the-record discussions to share challenges and gain tangible insights from other boards.

Cyber Event People

Interactive Format

All sessions are livestreamed, allowing participants the chance to ask their most pressing executive compensation and human capital oversight questions in real time.

WHAT PAST ATTENDEES SAID

SPONSORS

Compensation Advisor Partners
Pay Governance
Pearl Meyer

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