RCA 2023 Fall Affiliates Day: Navigating 2023's Executive Compensation Shifts and Mega Equity Grants

Event Information 

Navigating 2023's Executive Compensation Shifts and Mega Equity Grants

Join us for this complimentary event exclusively for WorldatWork Affiliate leaders and members. During this comprehensive session, we will explore the ever-evolving landscape of executive compensation. In a year filled with groundbreaking regulatory changes and innovative approaches to incentivizing and motivating CEOs and executives, this symposium is your guide to staying ahead of the curve and capitalizing on the most recent advancements to gain a strategic edge.

Session 1
A Juggling Act: Navigating the New Era of Executive Compensation

In 2023, regulatory requirements and best practices in executive compensation are undergoing significant transformations. Companies face the implementation of SEC Pay vs. Performance disclosure, new clawback rules for executives, and the potential elimination of non-compete clauses. Additionally, pay transparency and pay equity programs are taking center stage, encompassing executives and all employees. Your organization's response to these changes will determine its competitive edge in human capital strategy.

Join us as Susan Schroeder and Louisa Heywood from Compensation Advisory Partners dissect recent executive compensation developments and offer valuable insights into how your company can leverage these changes strategically.

Presenters: 

• Susan Schroder, CECP, MBA, Partner, Compensation Advisory Partners
• Louisa Heywood, Associate, Compensation Advisory Partners

Session 2
Founders’ Keepers: Are Mega Equity Grants Mega Effective CEO Incentives

Increasingly, companies are using very large, one-time equity awards called “mega equity grants” to motivate and retain founder CEOs after significant monetization events. The question is: Do they work? 

In this spirited, Oxford-style debate, two experts will argue for and against this popular form of executive compensation. Throughout the dialogue, we will share research and case studies that will empower you to make your own informed decision.

During this session, we will:

• Evaluate mega grant award design from the perspective of a recipient and describe how it can motivate and retain executives.
• Assess a mega grant award design from the perspective of shareholders.
• Summarize the advantages and disadvantages of mega grants, drawing on market data and examples. 

Presenters:

• Teresa Bayewitz, CCP, Partner, Mercer
• Juliet Archer Principal, Mercer
• Veronica Wissel Partner, Davis Polk