Executive Compensation: Latest Trends in Incentive Plan Design
The evolving business environment and the economic fluctuations prompted by the ongoing COVID-19 pandemic continue to affect the implementation and design of executive compensation. In its recent move to tighten regulations, the U.S. Securities and Exchange Commission (SEC) released Staff Accounting Bulletin No. 120 which underscores a new and more aggressive focus on executive compensation issues.
The tight labor market and the rise in employee wages which are likely to persist in the coming months highlight the need to adopt new strategies to get ahead of the competition. Thus, companies are now taking steps to monitor potential changes to their current incentive plan policies.
This course offers an overview of the latest trends and best practices concerning executive compensation. Experienced executive compensation professionals Ken Foulks (ClearBridge Compensation Group) and Richard Liu (Hugessen Consulting) will provide the audience with practical strategies and tips to mitigate issues.
Field of Study: Business Law
Live and Recorded CLE & CPE Webcasts in the Legal, Tax, Finance, Risk, Compliance and Human Resources Industries
Founded in November 2006, The Knowledge Group has established itself as a premier eLearning hub for Continuing Legal Education (CLE), Continuing Professional Education (CPE), and technology-focused webcasts. We equip lawyers, accountants, and industry professionals with expert-driven insights, timely regulatory updates, and practical strategies to help them stay ahead in an ever-evolving landscape.
Ken Foulks, Senior Associate at ClearBridge Compensation Group, Richard Liu, Manager at Hugessen Consulting
Ken Foulks, Senior Associate ClearBridge Compensation Group Ken Foulks is a Senior Associate at ClearBridge Compensation Group. He has six years of experience advising clients across numerous industries in support of business priorities and long-term shareholder value creation. Mr. Foulks focuses on all aspects of executive compensation including pay levels, performance measurement, and incentive plan design. Mr. Foulks has significant experience providing project management and analytical support for executive compensation reviews of companies in a wide variety of industries. Mr. Foulks holds a Bachelor of Science in Business Administration from the Gabelli School of Business at Fordham University. Richard Liu, Manager Hugessen Consulting Richard is a manager at Hugessen’s Toronto office. He is an experienced executive compensation consultant and advises Boards and Compensation Committees on matters including incentive plan design, pay level setting, and governance-related issues. Richard is adept in understanding the core business strategy, operations, and stakeholders of his clients and develops thoughtful solutions driven by in-depth analysis. He is also experienced in advising companies in special situations such as M&A, CEO succession, and strategic turnaround. Richard currently supports a wide range of publicly traded issuers and private companies in financial services, industrials, energy, utilities, real estate, and consumer goods. Prior to joining Hugessen, Richard’s experience included building financial models and performing business analytics for a global human resource consulting company.
