PEARL MEYER


Associated tags: FTSE

Locations: DISTRICT OF COLUMBIA, MASSACHUSETTS, BA, NEW YORK, MEYER

Pearl Meyer Promotes Brett Herand to Managing Director

Retrieved on: 
Thursday, May 9, 2024

BOSTON, May 9, 2024 /PRNewswire/ -- Executive compensation and leadership consultancy Pearl Meyer has promoted Brett Herand to managing director.

Key Points: 
  • BOSTON, May 9, 2024 /PRNewswire/ -- Executive compensation and leadership consultancy Pearl Meyer has promoted Brett Herand to managing director.
  • Based in the firm's Chicago office, Herand collaborates with boards and management teams to develop executive compensation strategies that align with long-term business goals and help drive value creation.
  • With more than 16 years of experience at Pearl Meyer, Herand specializes in incentive plan design and in technical advisory work related to tax, accounting, and SEC regulatory and compliance issues.
  • Herand works with public and private enterprises across diverse sectors, including financial services and insurance, manufacturing, and distribution, among others.

Pearl Meyer Survey Shows Companies are Taking Steps to Introduce AI in the Workforce

Retrieved on: 
Wednesday, April 3, 2024

BOSTON, April 3, 2024 /PRNewswire/ -- Executive compensation and leadership consultancy Pearl Meyer has released results from a new survey looking at how AI is impacting organizational structure, change management, employee communication, and corporate goals.

Key Points: 
  • BOSTON, April 3, 2024 /PRNewswire/ -- Executive compensation and leadership consultancy Pearl Meyer has released results from a new survey looking at how AI is impacting organizational structure, change management, employee communication, and corporate goals.
  • Roughly one-third (32%) are taking a decentralized approach to AI oversight, indicating they expect AI efforts will be led by various leaders across multiple functions in the organization.
  • "Based on the survey as a whole, we see companies are clearly at different stages of AI evaluation.
  • However, the data show many are actively making leadership decisions and talking with employees about the impact of AI on the company and the workforce," said Susan Sandlund , managing director and leadership practice lead at Pearl Meyer, and co-sponsor of the survey.

Pearl Meyer's Executive Compensation Team Adds Industry Expert Dan Moynihan

Retrieved on: 
Monday, March 4, 2024

BOSTON, March 4, 2024 /PRNewswire/ -- Executive compensation and leadership consulting firm Pearl Meyer has expanded its team with the addition of Managing Director Dan Moynihan , who will be based in New York.

Key Points: 
  • BOSTON, March 4, 2024 /PRNewswire/ -- Executive compensation and leadership consulting firm Pearl Meyer has expanded its team with the addition of Managing Director Dan Moynihan , who will be based in New York.
  • Moynihan is a 30-year industry veteran with deep expertise in executive compensation plan design, as well as the development of strategic broad-based employee programs.
  • "Dan brings a unique blend of expertise to our team," said Pete Lupo, president of the firm's executive compensation consulting practice.
  • He is a Certified Executive Compensation Professional (CECP) and holds an MBA from Montclair State University and a BA from Ursinus College.

NEW TRENDS IN DIRECTOR COMPENSATION, BOARD COMPOSITION, AND BOARD GOVERNANCE HIGHLIGHTED IN 2023-2024 DIRECTOR COMPENSATION REPORT

Retrieved on: 
Wednesday, January 31, 2024

WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing approximately 24,000 board members, today released the 2023–2024 Director Compensation Report. The 25th annual report, produced in collaboration with leading compensation and leadership consultancy Pearl Meyer, presents key findings based on a robust analysis of director compensation trends and practices and offers an in-depth analysis of nonemployee director compensation across 1,400 companies in varying size categories and spanning 24 industries (that have filed a proxy statement or any other SEC filing containing director-compensation information).

Key Points: 
  • WASHINGTON, Jan. 31, 2024 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing approximately 24,000 board members, today released the 2023–2024 Director Compensation Report .
  • Read the full report for additional insight and analysis into the most recent trends in director compensation at NACDOnline.org.
  • Note to Editors: NACD's Blue Ribbon Commission report, Culture As The Foundation: Building a High-Performance Board , identifies board compensation as a factor that can influence board culture.
  • The report includes resources to help boards assess the impact that director compensation has on the board's culture and agility.

Pearl Meyer Survey Shows Salary Increases Slowing

Retrieved on: 
Tuesday, December 19, 2023

BOSTON, Dec. 19, 2023 /PRNewswire/ -- Executive compensation and leadership consulting firm Pearl Meyer recently published survey results that indicate a slowing in 2024 of the outsized base salary increases noted last year, while still remaining above longer-term historical norms.

Key Points: 
  • —Annual fall compensation survey shows increases expected are still above historical norms, but lower than last year—
    BOSTON, Dec. 19, 2023 /PRNewswire/ -- Executive compensation and leadership consulting firm Pearl Meyer recently published survey results that indicate a slowing in 2024 of the outsized base salary increases noted last year, while still remaining above longer-term historical norms.
  • The annual Looking Ahead to Executive Pay Practices survey indicates roughly two-thirds of respondents are expecting somewhat similar year-over-year increases.
  • Twenty-four percent are expecting lower levels in 2024, versus just 6% in the last survey.
  • Pearl Meyer's "Looking Ahead to Executive Pay Practices" is an annual, online survey and valuable compensation planning tool.

Pearl Meyer Acquires The River Group

Retrieved on: 
Wednesday, September 20, 2023

BOSTON, Sept. 20, 2023 /PRNewswire/ --Pearl Meyer announced today that it has acquired The River Group, a boutique consultancy providing a range of services to help CEOs and executive teams achieve their business goals by identifying and developing executives and creating effective organizations. Their clients span a broad range of industries in both the public and private sectors.

Key Points: 
  • BOSTON, Sept. 20, 2023 /PRNewswire/ --Pearl Meyer announced today that it has acquired The River Group, a boutique consultancy providing a range of services to help CEOs and executive teams achieve their business goals by identifying and developing executives and creating effective organizations.
  • "We are excited to have the highly experienced River Group team join Pearl Meyer," said Beth Florin , CEO of Pearl Meyer.
  • The River Group was formed in 2013 by Peter Thies, Ph.D. , and a former CEO client to help leaders transform their organizations and help organizations transform their leaders.
  • "We are thrilled to be joining Pearl Meyer and its leadership practice," said Managing Director Peter Thies, Ph.D., and former president of The River Group.

Pearl Meyer Survey Shows Significant Change in Job Title Practices Pre- and Post-Pandemic

Retrieved on: 
Thursday, April 27, 2023

BOSTON, April 27, 2023 /PRNewswire/ -- Pearl Meyer has published a new survey that points to a material change in US companies' use of job titles. The 2023 Pearl Meyer Job Titling Practices Survey includes information for more than 400 public, private, and not-for-profit organizations and shows a substantial shift in the data from the prior edition, published in 2018.

Key Points: 
  • The 2023 Pearl Meyer Job Titling Practices Survey includes information for more than 400 public, private, and not-for-profit organizations and shows a substantial shift in the data from the prior edition, published in 2018.
  • Companies increasingly rely on job titles as an important component of their HR strategy to attract, reward, and retain.
  • "However, our data indicate that companies are also increasingly reliant on job titles as an important component of their strategy."
  • There has also been an increase from 30% to 38% in the use of a job title to determine eligibility for some compensation programs.

NACD INSIDE THE PUBLIC COMPANY BOARDROOM SURVEY REPORT FINDS GENDER DIVERSITY TICKING UPWARD

Retrieved on: 
Wednesday, January 25, 2023

WASHINGTON, Jan. 25, 2023 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing 23,000+ board members, today released its 2022 Inside the Public Company Boardroom report, which offers data-backed insights into the current state of the American boardroom.

Key Points: 
  • WASHINGTON, Jan. 25, 2023 /PRNewswire/ -- The National Association of Corporate Directors (NACD), the authority on boardroom practices representing 23,000+ board members, today released its 2022 Inside the Public Company Boardroom report, which offers data-backed insights into the current state of the American boardroom.
  • Based on data gathered by NACD partners Pearl Meyer, Main Data Group, and MyLogIQ, the report creates a snapshot of what the boards of Russell 3000 Index companies looked like in 2022.
  • Key Findings from the 2022 Inside the Public Company Boardroom Report:
    The percentage of board seats occupied by women has slowly but consistently increased over time.
  • However, across a period of three years, the tenure of those serving in the board chair role has slowly decreased.

Pearl Meyer Survey Shows Multiple External Factors Are Driving Compensation Increases

Retrieved on: 
Tuesday, November 15, 2022

BOSTON, Nov. 15, 2022 /PRNewswire/ -- Newly released data from executive compensation consultancy Pearl Meyer indicate economic uncertainty and talent concerns are driving organizations to offer atypical compensation increases. In a survey conducted between August and September 2022, more than 300 board directors, c-suite leaders, and senior HR practitioners provided current and projected compensation data. Base salary pay increases at four percent are expected to exceed the historical norm of three percent for the second year in a row.

Key Points: 
  • BOSTON, Nov. 15, 2022 /PRNewswire/ -- Newly released data from executive compensation consultancy Pearl Meyer indicate economic uncertainty and talent concerns are driving organizations to offer atypical compensation increases.
  • In a survey conducted between August and September 2022, more than 300 board directors, c-suite leaders, and senior HR practitioners provided current and projected compensation data.
  • Base salary pay increases at four percent are expected to exceed the historical norm of three percent for the second year in a row.
  • Nearly 15% of respondents increased long-term incentive participation levels in 2022, with approximately 10% anticipating increases in participation in 2023

Pearl Meyer CEO and Senior Consultant Named to NACD's Directorship 100

Retrieved on: 
Tuesday, July 5, 2022

BOSTON, July 5, 2022 /PRNewswire/ -- Pearl Meyer CEO Beth Florin and Senior Managing Director Jannice Koors, head of the firm's consulting services, have been named to the National Association of Corporate Directors' (NACD) 2022 Directorship 100, an annual list of influential individuals who exemplify excellence in boardroom leadership.

Key Points: 
  • BOSTON, July 5, 2022 /PRNewswire/ -- Pearl Meyer CEO Beth Florin and Senior Managing Director Jannice Koors ,head of the firm's consulting services, have been named to the National Association of Corporate Directors' (NACD) 2022 Directorship 100, an annual list of influential individuals who exemplify excellence in boardroom leadership.
  • For 16 years the NACD Directorship 100 awards have recognized peer-nominated leading directors and governance professionals.
  • Directorship 100 recipients are evaluated on their demonstrated commitment to promoting high-caliber governance practices including strategic planning, risk oversight, executive compensation, and transparency.
  • Koors has been a Directorship 100 honoree 15 times since the inception of the award in 2006.