Executive Compensation Advisor to Management

Provide ongoing support to the management team of a publicly-traded utilities company undergoing significant transformation.

Utilities

Industry

$5B

Market Capitalization

1.5k+

Employees

KEY CHALLENGES

Evolving Business Strategy

Business undergoing strategic changes, where other companies in the sector do not fully reflect these complexities.

Ongoing Support

Need for ongoing advisory support to ensure executive compensation strategies allow the company to attract and retain in a highly competitive industry, while balancing evolving business goals and governance expectations.

Pay-for-Performance Alignment

Ensure that incentive plan metrics are closely aligned with organizational goals and performance, reinforcing a pay-for-performance approach.

APPROACH

Collaborated with management in reviewing compensation and performance peer groups, while educating the Board of Directors on the peer group development process.

Tailored executive compensation benchmarking that effectively balances market competitiveness with internal organizational considerations.

Reviewed incentive plans and conducted pay-for-performance analyses to ensure that executive compensation programs have the desired performance outcomes.

Provided Compensation Discussion & Analysis ("CD&A") support to ensure transparency, compliance, and alignment with best practice and disclosure requirements.

OUTCOME

Developed incentive programs that aligned with executive compensation objectives and performance outcomes. Continue to provide ongoing advisory support to management on all executive compensation matters.

KEY OFFERINGS

Pay Philosophy & Strategy, Market Compensation Benchmarking, Performance & Incentives