Courtesy of Corporate Board Member
Meridian Compensation Partners recently published a study of Executive Change-in-Control Arrangements, which provides insights on prevailing market practices and emerging trends in executive severance benefits in connection with a CIC event.
Corporate Board Member sat down with Jeff Keckley, a lead consultant with Meridian to discuss the shifts in market practice impacting the design of cash severance benefits and equity incentive plans. Jeff shares key questions your compensation committee should be reviewing before a transaction is on the horizon to confirm the individuals covered under the plan and the level of benefits in place are appropriate to meet the company’s objectives, while also considering external stakeholder perspectives and the shifting market landscape.
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