Executive Compensation Conference
30 September - 01 October, 2014
Hilton San Francisco Financial District
San Francisco, CA
30 September - 01 October, 2014
When it comes to effective executive compensation programs, achieving and demonstrating pay for performance alignment is critical. Each company needs to develop a clear and detailed understanding and acceptance of what senior executives really earn and how and why they earn it. Attend this conference to:
- ENGAGE in discussions on assessing pay/performance
relationships and balancing external expectations of good
governance, investor expectations and concerns and sound
- LEARN the latest in developments, techniques and enduring
principles for providing effective compensation to senior
- CONNECT with leading directors, senior executives and investors
on practical guidance and actionable ideas for best practices in
achieving and demonstrating pay for performance alignment
Who Should Attend
Compensation Committee Members and Senior Executives who are accountable to shareholders of corporations, senior HR and Legal executives and executive compensation directors who are accountable to senior management, compensation committees and shareholders of public corporations
Day One – September 30, 2014
Registration and continental breakfast 8–9 am
Welcome and introductory remarks 9–9:15 am
Greg Lau, Program Director, The Conference Board
a 9:15 –10:00am
The Current State of Executive Compensation
The current executive compensation climate in recent years has been driven by company efforts to attract and retain top talent, investor concerns regarding the relationship between pay and shareholder returns, and legislative and regulatory responses to concerns about corporate governance and the 2008-2009 financial sector meltdown. Further, the adoption of Say on Pay has resulted in an intense external focus on all of our executive compensation policies and practices. As Boards deal with each of these very real and pressing issues, we are beginning to see a return to the basics which have sometimes been forgotten in the pursuit of market “competitiveness” and investor approval—how do we best design our compensation program to support attracting and retaining the management team we need for the long term while properly motivating them to drive our business strategies successfully. The Conference will focus on dealing with the pressing issues of managing pay in an increasingly complex regulatory and disclosure environment, and will also provide ideas for the future direction of connecting pay programs to executive talent management and longer term business strategy.
Frank B. Glassner, Chief Executive Officer - Veritas Executive Compensation Consultants, Inc.
The CEO Pay Ratio Requirement
- What it is and how compensation committees should respond.
- The new disclosure requirements. The possible effect on director legal duties.
- How companies should craft their disclosure to most effectively explain their pay ratio to shareholders and other constituents.
- The collateral effects of the new disclosure - will lead to a reformulation of how executive pay is designed? Will it cause a reassessment of the peer group benchmarking process?
Professor Charles M. Elson - University of Delaware, John L. Weinberg Center for Corporate Governance
Craig K. Ferrere - Edgar S. Woolard, Jr., Research Fellow - University of Delaware
10:45–11:00am - Networking refreshment break
c 11:00 - 11:45am
Taking a Look Back: 2014 Proxy Season Review
With the 2014 proxy season behind us, we take a look back at the substantive developments in executive pay and related corporate governance issues. We’ll examine the latest trends and hot topics that will be at the forefront of governance discussions throughout the year including CEO pay trends, Say on Pay, Realizable Pay/supplemental pay calculations, and shareholder proposals. Join experts from Equilar and ISS as they discuss these topics and other insights found from reviews of this year’s proxies.
Aaron Boyd, Director, Governance Research – Equilar, Inc.
d 11:45 –12:45pm
Inside the Investor’s Perspective
Your company has spent countless hours formulating your long-term strategy and identifying where to invest your limited corporate resources to increase shareholder value? Have your efforts paid off? Join the discussion as investors and leading industry experts share their perspectives on what is most important to them, the factors that influence their voting decisions, and what they look for in your disclosures. Gain the insider’s perspective on what is critical to include in your proxy statements and find out the most effective way to engage directly with shareholders.
Joe Yaffe, Partner, Executive Compensation and Benefits – Skadden
Rob Zivnuska, Principal – CamberView Partners
Robert McCormick, Chief Policy Officer – Glass Lewis
12:45–2:00pm - Networking luncheon
Views Current State of Executive Compensation
Scott Thurm, Senior Deputy Technology Editor – Wall Street Journal
e 2:00– 4:00pm
Telling your compensation story in the Proxy Statement
- Executive summaries – What are best practices
- Current disclosure issues in the CD&A and the compensation tables
- The rise of supplemental pay disclosure
- The SEC’s review of all disclosure rules including executive compensation - - what to expect
- How your compensation disclosures impact shareholder engagement outcomes
- Selling Say on Pay – lessons learned
Mark Borges, Principal – Compensia
4:00 – 4:15pm – Networking Refreshment Break
Aligning Pay with Performance
Boards and management continue to strive to insure their executive compensation programs are delivering value for the “right” performance. This panel discussion will provide perspectives on how to appropriately set performance targets, insure programs are aligned with the company’s strategy and deliver value when we perform. We will discuss how to design programs that effectively balance the need to have a strong performance orientation while being able to attract and retain talent all in the light of good governance.
5.15 – 5.30pm
- First Day wrap up
- Summarizing what we heard
- Identifying any issues participants would like to discuss further
5.30pm – 6.45pm – Networking Reception
Day Two – October 1, 2014
Roundtable Breakfast Session
During this session, you will have the opportunity to sit at professionally facilitated discussion tables to brainstorm over breakfast on the topic of your choice, selected based upon the results of an attendee poll, taken on the first day of the conference.
8.30am - Welcome back
Greg Lau, Program Director - The Conference Board
Long-Term Incentive Compensation
Every company is establishing unique long-term compensation programs reflective of their strategy and performance metrics. We will discuss cash vs equity programs and selecting the right mix of vehicles. And, what LTI designs may be in our future.
Robert Barbetti, Managing Director – JP Morgan Private Bank
Compensation Committee Best Practices
Review what are considered best practices at today’s compensation committee meetings and what is next
Merv Dunn, President and CEO-Merv Dunn Management & Consulting, LLC
10:15-10:30am - Networking refreshment break
International Focus of Executive Compensation
k 11:30 – 12:15pm
What would you like to ask?
Panel of Compensation Consultants and Compensation Committee Members
Frank B. Glassner, Chief Executive Officer, Veritas Executive Compensation Consultants, Inc.
12:15 – 12:30pm - Wrap up
Conference adjourns 12:30 pm
For Sponsorship Opportunities please contact Michael.Felden@conference-board.org