The Bank Compensation Workshop provides an up-to-the minute, hands-on, interactive overview for compensation committee members and HROs. The objectives of the pre-conference workshop are to equip participants to perform effectively and sustainably in their roles, to provide confidence in the execution of their duties and to provide all attendees with context in order to maximize their overall conference experience.

AGENDA | WEDNESDAY, NOVEMBER 6
Sponsored by: Compensation Advisory Partners and Troutman Sanders LLP

7:00 AM – 8:00 AM
Bank Compensation Workshop Registration & Breakfast

8:00 AM – 8:10 AM
Welcome
Mika Moser
, President, Bank Director

8:10 AM – 9:10 AM
Bank Compensation Workshop Session I: Common Executive Compensation Challenges & Hot Topics
Susan Ancarrow
, Partner, Troutman Sanders LLP
Shaun Bisman
, Principal, Compensation Advisory Partners
Michael Bonner
, Senior Associate, Compensation Advisory Partners
Lynda Crouse
, Partner, Troutman Sanders LLP
Kelly Malafis
, Founding Partner, Compensation Advisory Partners
During this interactive session, we discuss current trends and best practices in executive compensation around incentive plan design and performance measure selection, the current status of the Dodd-Frank compensation-related regulations as well as broader issues such as shareholder engagement, pay equity and diversity and inclusion. This session also covers common challenges and issues including aligning pay and performance, clawbacks, compensation philosophy and peer group selection, goal setting, attraction and retention, preparing for terminations and alternatives for increasing employee stock ownership.

9:10 AM – 10:10 AM
Bank Compensation Workshop Session II: Director Compensation, Litigation & Shareholder Advisory Policies
Susan Ancarrow
, Partner, Troutman Sanders LLP
Shaun Bisman
, Principal, Compensation Advisory Partners
Michael Bonner
, Senior Associate, Compensation Advisory Partners
Lynda Crouse, Partner, Troutman Sanders LLP
Kelly Malafis
, Founding Partner, Compensation Advisory Partners
What are appropriate pay levels for board members? How do pay levels compare for private vs. public company board members? Privately-held and family-owned businesses lack such data to benchmark against in setting compensation for their directors. Practices are summarized based on CAP’s 2019 Private Company Board of Director compensation survey and public company disclosure. This session also covers ISS policy and recent court cases covering director pay litigation. We explore ways to reduce risk and mitigate excessive director pay.

10:10 AM – 10:25 AM
Refreshment Break

10:25 AM – 11:25 AM
Bank Compensation Workshop Session III: Charters, Calendars, Minutes, Evaluations, Program Documentation & Succession Planning
Susan Ancarrow
, Partner, Troutman Sanders LLP
Shaun Bisman
, Principal, Compensation Advisory Partners
Michael Bonner
, Senior Associate, Compensation Advisory Partners
Lynda Crouse
, Partner, Troutman Sanders LLP
Kelly Malafis
, Founding Partner, Compensation Advisory Partners
While these topics may be seen as administrative tasks, when used correctly, they can enhance the effectiveness of committees and also provide protection for board members. This session shares pitfalls and best practices to help your bank’s committees and human resources department function better while improving compensation governance. We also cover which board committee is responsible for management succession planning and how often it should be discussed throughout the year.

11:25 AM – 12:00 PM
Bank Compensation Workshop Session IV: Open Discussion
Once the stated topics have been discussed, we open the conversation to the audience to bring up those issues that they still have on their minds. This is a time for everyone to get involved in the conversation!