Agenda

Comp18 agenda

Bank Compensation
& Talent Conference

November 5-7, 2018
Four Seasons Resort & Club Dallas at Las Colinas
Dallas, TX

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DAY ONE | MONDAY | NOVEMBER 5

12:00 PM - 1:30 PM
Bank Compensation & Talent Conference Registration & Networking Lunch for All Attendees

1:30 PM - 1:45 PM
Bank Compensation & Talent Conference Welcome
Al Dominick
, CEO, Bank Director
How do advances in technology, cyber security, research & analysis and customer growth & care impact the recruitment, development and compensation programs at high-performing companies? What makes for a high-performing team in the financial sector — and how does this translate into a high-performing bank? To open this year's program, we examine questions like these to spark subsequent conversations amongst your peers.

1:45 PM - 2:25 PM
Industry Overview
Steven D. Hovde, Chairman & CEO, Hovde Group, LLC
To kick-off the Bank Compensation & Talent Conference, this session focuses on industry trends, operating conditions and areas of potential opportunity for those banks attending this annual event.

2:25 PM - 3:05 PM
How Compensation Committee Chairs Get It Right
Sherry Cladouhos
, Compensation Committee Chair, Glacier Bancorp, Inc.
Todd Leone
, Partner, McLagan
Moderated by: Al Dominick, CEO, Bank Director
The pressure on bank directors to perform has never been greater thanks to the challenging economic and regulatory pressures that all banks are facing today. During this session, hear from experienced compensation committee chairmen as they share their thoughts on best ways to meet those challenges.

3:05 PM - 3:10 PM
Breaking Into Peer Exchange Groups

3:10 PM - 3:25 PM
Refreshment Break

3:25 PM - 5:45 PM
Peer Exchange Sessions
Bank Director breaks up the banker audience into small groups of peers. These groups of similar attendees meet in closed-door, off-the-record peer groups for candid discussions specific to their roles, responsibilities and shared interests.

Compensation Committee Chairs and Members may discuss topics such as:

  • How often does the board review the CEO’s performance? Do other members of senior management receive performance reviews? What is the process for these reviews?
  • With regard to gender pay equality, is your bank analyzing both general and executive level positions?  What are the factors that you are considering that could explain the pay differential (i.e., geography, performance appraisals, etc.)?
  • What metrics have you built into your short- and long-term incentive plans?
  • Does your compensation committee work with the board’s audit/risk committee to make a determination on compensation risk, and how does that process work?
  • Does your bank have anti-hedging or pledging policies? Do you have clawback policies? What are the provisions in these policies?

Human Resources Officers may discuss topics such as:

  • What are the biggest challenges your bank is having with executive compensation (i.e., retention, pay for performance, market competitive pay, risk regulations)?
  • What is the status of gender pay equality at your bank? Are you analyzing your current situation now, or do you plan to do so in the next 12 months?
  • How do you and your staff support the Compensation Committee?
  • Does your bank have a management succession plan, including one for the CEO, in place, and if so, what does it entail?
  • What types of performance measures do you use in your incentive plans for executives in your bank? What about for non-executives at your bank?
  • What comparative data do you use to guide salary decisions throughout your organization at all levels?

5:45 PM - 6:45 PM
Networking Peer & Guest Reception
All attendees gather to network and enjoy conversations with their peers on the Resort Pool Deck.

DAY TWO | TUESDAY | NOVEMBER 6

7:00 AM - 8:00 AM
Breakfast
Sponsored by: Bank Compensation Consulting

8:00 AM - 8:15 AM
Welcome
Mika Moser
, President, Bank Director

8:15 AM - 8:55 AM
The Future is Now: Talent & Compensation Strategies that Drive Success
Elizabeth A. Bauman, EVP, Group Head of Human Resources, Bank of Butterfield
Annabel Fan, Vice President, Financial Services, beqom
Moderated by: Susan O’Donnell, Partner, Meridian Compensation Partners, LLC
Banks today can’t afford to look back at the pay programs and talent needs of the past. Future success and growth will require a more strategic approach to compensation, leadership development and board succession. This panel discusses best practice techniques for compensating and developing the executive and board leadership to execute unique business strategies.

9:05 AM - 9:45 AM
Breakout Sessions (select one)

Breakout I: Compensation, Regulatory & Governance Hot Topics: What’s New and the Impact on Executive Compensation
Gayle Appelbaum, Partner, McLagan
Todd Leone, Partner, McLagan
Come to this session to hear a timely update about regulatory changes, governance trends and their role in today’s key trends in board and executive compensation.  This session covers how recent legal changes impact director compensation, regulatory activity and how it affects risk reviews, what the current thinking is on say-on-pay engagement and today’s impact of shareholder advisors on governance and compensation.

Breakout II: Compensation for Growth Banks
Javier Evans, EVP, Chief Human Resources Officer, Sterling National Bank
Daniel Kaufman, Lead Consultant, Meridian Compensation Partners, LLC
Moderated by: Susan O’Donnell, Partner, Meridian Compensation Partners, LLC
Banks can execute a growth strategy in a number of ways. Each growth approach, whether through acquisition, IPO, capital raise, new income streams or organic growth, has different compensation challenges and opportunities. This session discusses how fast growth banks can and should adapt their compensation programs to attract, motivate and retain the talent needed to execute your business strategy.

Breakout III: The Impact of #MeToo and the Time’s Up Movement on Diversity & Inclusion Programs
Suzanne A. Walker, Counsel, Kilpatrick Townsend & Stockton LLP
Studies show that companies with a diverse workforce outperform non-diverse ones and inclusive organizations are more engaged and productive. As a result, organizations are seeing the business reasons for a robust D&I program which can include, among other things, mentorships for women. During this session, we discuss the unintended consequences of #MeToo on mentoring, specifically the concerns male managers have in the current social environment and what organizations can do to structure a D&I program that addresses these concerns. We also discuss how the Time’s Up movement has put pay equity in the spotlight and resulted in changes in certain state laws.

9:45 AM - 10:00 AM
Refreshment Break

10:00 AM - 10:15 AM
Your Take on Compensation Trends
Flynt Gallagher, President, Compensation Advisors, A Member of Meyer-Chatfield Group
Mika Moser
, President, Bank Director
During this interactive session, we gauge the audience’s opinions regarding compensation practices, leadership development, growth plans and talent acquisition.

10:15 AM - 10:55 AM
Designing Beyond Base & Bonus - Structuring Long-Term Compensation for the Future
Laura Hay
, Managing Director, Pearl Meyer
Todd J. Kessler, VP, Director of Compensation, Cadence Bank, N.A.
Susan E. Pfautz, VP, Executive Compensation Manager, Union Bankshares Corporation
Moderated by: John Maxfield, Executive Editor, Bank Director
When designed well, long-term incentives reward executives for sustained business performance and shareholder value creation. The type of award, vesting provisions and holding requirements all play a role in the effectiveness of the program. In this session, we outline examples of optimal design based on program objectives, company strategy and shareholder expectations. Human Resources professionals from two banks describe their experiences and how their long-term incentive plans were modified over time to meet changing business requirements

11:10 AM - 11:50 AM
Breakout Sessions (select one)

Breakout I: How Tax Reform Impacts Executive Compensation
Christian Chandler, Partner, Hogan Lovells
David Lawson, EVP, Chief Human Resources Officer, Columbia Bank 
Greg Swanson
, Managing Director, Pearl Meyer
While the most immediate response to tax reform was in the form of spot bonuses and minimum wage increases for non-executive employees, the compensation impact of the new law doesn’t stop there. What ramifications should compensation committees consider relative to incentive plan performance cycles, goal selection and calibration, evaluation of relative pay-performance alignment, nonqualified deferred compensation, target total pay mix, and potentially, overall executive pay opportunity?

Breakout II: An HRO’s Strategic Compensation Plan
Mike Blanchard, CEO, Blanchard Consulting Group
Matt Brei, President, Blanchard Consulting Group
Ann M. Knutson, SVP, Human Resources Director, First Bank Financial Centre
This session focuses on how Human Resource leaders can help their organization be strategic with its compensation dollars. Topics include salary structures and decisions, incentive plan design (both cash and equity) and employee/executive benefits. The presentation also briefly touches on executive and director compensation issues that give the HR leader a place at the strategic table for their organization.

Breakout III: Pay Equity: What are the Recent Developments and Where Are We Headed?
Katrina Gerenz, Associate Partner, McLagan
This session explores the recent developments in the area of pay equity. What are companies doing to respond to these issues?  How is this issue being addressed by the banking industry? What pressures are being put on financial institutions by employees and shareholders? Come to this session to learn what you can do to proactively remediate any potential pitfalls.

11:50 AM - 12:50 PM
Networking Lunch
Sponsored by: Compensation Advisors, A Member of Meyer-Chatfield Group

12:50 PM - 1:30 PM
Point/Counterpoint Debate
Gayle Appelbaum
, Partner, McLagan
Kelly Malafis, Founding Partner, Compensation Advisory Partners
Donald L. Norman, Jr.
, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
Tim Reimink
, Managing Director, Crowe LLP
Moderated by: Al Dominick, CEO, Bank Director
Leading - and opinionated - experts join Bank Director’s CEO, Al Dominick, for a spirited discussion related to the most interesting and polarizing issues regarding to compensation and talent!

1:30 PM - 2:20 PM
Regulatory Update
Douglas P. Faucette, Partner, Locke Lord LLP
Timothy Stearns, Assistant Vice President, Federal Reserve Bank of Dallas
Moderated by:
Jeff Fairchild, Senior Compensation Consultant, Compensation Advisors, A Member of Meyer-Chatfield Group
Compensation regulations for the banking industry have been ever-present and ever-changing in recent years, and many boards have been challenged to stay abreast of how and when their bank is likely to be impacted. This session educates attendees on the current state of various proposed regulations as well as any possible changes on the horizon. We also discuss the finalized CEO Pay Ratio rules, which will impact public banks beginning with 2018 proxy statements. What does HR need to know in order to complete the calculation and disclosure, and what are the key awareness points for directors?

2:20 PM - 2:25 PM
Breaking Into Peer Exchange Groups

2:25 PM - 2:40 PM
Refreshment Break

2:40 PM - 5:30 PM
Peer Exchange Sessions
Bank Director breaks up the banker audience into a new set of small peer groups. These groups of similar attendees meet in closed-door, off-the-record peer groups for candid discussions specific to their roles, responsibilities and shared interests.

Compensation Committee Chairs and Members may discuss topics such as:

  • What is the trajectory for young talent in your organization? Is your board helping to set expectations to develop young people with management potential? If so, how is the board doing it?
  • How is your board addressing talent management and succession planning matters?
  • Has compensation been a barrier to adding board directors?
  • Do you have an emergency succession plan in place in the event of a sudden departure of your CEO or other key role on the senior team?
  • What new regulations does your committee find to be the most troublesome in the area of compensation?
  • Does your board use a committee rotation process so that every member’s committee assignments are changed periodically?

Human Resources Officers may discuss topics such as:

  • How do you use discretion as part of your incentive programs?
  • What methodologies do you use to implement merit increases without performance ratings across the organization?
  • How does the changing role of the branch and the shift towards greater reliance on digital channels for distribution impact impact your hiring decisions? As the branch focuses less on transactional activity and more on providing advice, what are the different skill sets you are looking for in new hires?
  • Do you currently conduct an annual risk review of all incentive plans that is a coordinated effort between HR, risk, audit and finance?
  • How do you balance your duty to the board and your duty to senior management, and how do you handle conflicts between the two when they arise?
  • What resources are you using for ongoing training for your staff at the bank?

5:30 PM - 6:30 PM
Networking Peer & Guest Reception
Sponsored by: Hovde Group, LLC

DAY THREE | WEDNESDAY | NOVEMBER 7

7:00 AM - 8:00 AM
Breakfast

8:00 AM - 8:25 AM
Welcome: Recruiting for the Best
Darrius Jones, Assistant Vice President, Enterprise Innovation, USAA Federal Savings Bank
Jason Mars, CEO & Co-Founder, Clinc
Moderated by: Al Dominick, CEO, Bank Director
As we open the third and final day of the Bank Compensation & Talent Conference, hear from a bank leader and a fintech CEO who utilize unique hiring and recruiting practices to find the best talent available.

8:25 AM - 8:55 AM
Joining Forces: Integrating Talent and Compensation 
Claude E. Davis, Executive Chairman, First Financial Bancorp and First Financial Bank
Thomas M. O’Brien, Compensation Committee Chair, First Financial Bancorp
Moderated by: Jack Milligan, Editor-in-Chief, Bank Director
Prior to and after a merger making decisions regarding talent and compensation is easier when there is a strong and trusting relationship between the two institutions. Hear from the Executive Chairman and the Compensation Committee Chair of First Financial Bank on how their bank joined forces with Mainsource Financial and integrated talent as well as the teams at both the executive and board levels.

9:05 AM - 9:45 AM
Breakout Sessions (select one)

Breakout I: Job Architecture: Building Job Structure and Reward Strategies to Maximize Human Capital Outcomes
Bryan Lemke, Principal, McLagan
Developing a common language for how we talk and think about jobs is critical for a clearly defined human capital strategy that supports business plans. Effectively aligning performance and reward programs in the context of a well-designed job structure allows companies to attract, engage and retain top talent. In this session, we explore how your compensation philosophy and job structure support your business goals, improve employee effectiveness, allow you to better compete in the market and align performance and reward.

Breakout II: Preparing Your Compensation Plan To Go Public
Todd J. Kessler, VP, Director of Compensation, Cadence Bank, N.A.
Kristine Oliver
, Managing Director, Pearl Meyer
Andrew Strimaitis, Partner, Barack Ferrazzano Kirschbaum & Nagelberg LLP
All pay programs are administered in the context of internal drivers such as the business strategy and organizational culture, but if the bank is going public, investors, advisory firms, regulators and others will also play a significant role. In this session, we examine how these external forces exert increased influence on executive compensation for newly public banks, especially when they emerge from Emerging Growth Company (EGC) status.

Breakout III: Compensation and Generations
Flynt Gallagher, President, Compensation Advisors, A Member of Meyer-Chatfield Group
Millennials act, think and respond differently than baby boomers – this is especially so when it comes to incentives. In this session, learn how to best compensate the many different generations working in your financial institution to gain loyalty and the best work product possible.

9:45 AM - 10:00 AM
Refreshment Break

10:00 AM - 10:40 AM
Succession Planning
Adam Eckels, Co-Owner & Co-Founder, AJ Consultants LLC
Steven J. Marlow
, Consulting Principal, Bank Compensation Consulting
Many banks learn the hard way the importance of having a plan in place before disaster strikes. Learn the basics for setting your bank up for success, should the unexpected occur.

10:40 AM - 11:30 AM
CEO Panel
Joseph B. Bower, Jr., President & CEO, CNB Bank
Luanne Cundiff
, President & CEO, First State Bank of St. Charles
John Holt
, President & CEO, NexBank Capital, Inc.
Moderated by: Mika Moser, President, Bank Director
Boards are expanding their involvement in corporate strategy, but to what extent does a CEO think about the board fostering innovation—technology, talent, knowledge and organizational culture—required to stay ahead amid constant disruption and competitive pressures? Hear from leading-edge CEOs from around the country as they share their experiences related to these issues.

11:30 AM - 11:35 AM
Closing Remarks
Mika Moser, President, Bank Director

For more information and to register, please email events@bankdirector.com or call our events department at 877-397-7595.