Name
Best Fit vs. Best Practice: How to Choose?
Date
Monday, May 19, 2025
Time
1:15 PM - 2:15 PM
Track
Executive Compensation
Session Format
Discussion
Target Attendee Experience Level
Intermediate: Hands-on and Practical Application
Description

In today’s dynamic environment, standard pay practices often fall short of addressing complex organizational challenges. While executive compensation programs are typically designed with “fairway” scenarios in mind, how do you strike the right balance between what’s necessary for the business and the expectations of shareholders and proxy advisors? Join Becky Huddleston, Managing Director at Willis Towers Watson, as she moderates a practical discussion with Carolyn Schneider, CHRO of Ardent Health, Jan-Margaret Llorey, VP, Total Rewards at Avantor, and Felicia Cummings, VP, Total Rewards at Exelon. This session will dive into real-world examples of how these leaders navigated unique company and industry challenges to design executive compensation solutions that fit their organizations while aligning with external expectations.

Key Takeaways

  • Recognize how staying within the “fairway” may lead to misalignment with company strategy and needs.
  • Determine when calculated risks with shareholders and proxy advisors are appropriate and how to manage the outcomes.
  • Assess how a company’s life cycle and unique circumstances influence what defines the “fairway."