As the recession continues, the spotlight grows brighter on executive compensation, generating legislative and regulatory initiatives as well as numerous questions about the shortcomings of past practices and demands for program redesign, including changes in pay mix and performance metrics. Many experts predict that several of the executive pay regimens imposed on distressed companies receiving federal aid will migrate into what is considered best practices for all companies, causing directors to review their current programs and processes. The continuing unprecedented volatility of equity markets makes it challenging to reward executives for solid business performance that may not be reflected in stock prices and raises concerns over retention of key talent.
This Conference offers a highly significant and timely source of practical guidance and opportunity to network and brainstorm with leading directors and executives of major corporations as they re–examine how to design fair, reasonable and effective executive compensation packages that provide the right rewards to the right people.
