Trends in Long-Term Incentive Design
What’s trending in long-term incentive plan design? Hear about the latest in equity design from experts in the field including Terry Adamson from Aon Equity Services and Chelsea Mason from ClearBridge Compensation Group based on newly published research from both firms. The panel will dig into the current equity practices in the market, with a focus on performance awards, including the design (e.g., vehicles, vesting, performance measures) as well as the technical details of awards (e.g., treatment upon termination, post-vest holding periods).
Terry Adamson is a Partner at Aon with over 20 years of consulting experience. As Global Practice Leader for Aon’s employee equity consulting practice, Terry is involved with all phases of equity compensation, including the design, valuation, accounting, and ongoing administration for equity programs (stock options, ESPP, and performance shares). Further, Terry has expertise with investor governance of compensation programs. Terry is a frequent author and speaker in industry publications and journals. Terry was on the FASB Round Table on Employee Share Options, and is the Chairman of the Society of Actuaries taskforce on stock option valuation. Terry is also a Certified Equity Professional (CEP) and serves on the CEP Advisory Board, and the NASPP Executive Advisory Board. In 2010, Terry received the 2010 Individual Achievement award by the NASPP.
Chelsea Mason is a Senior Associate at ClearBridge Compensation Group. Ms. Mason has over five years of experience in executive compensation strategy and design. Ms. Mason advises clients across numerous industries. Her technical knowledge and experience include assessing executive and director compensation practices through benchmarking, evaluating pay-for-performance relationships, and designing incentive plans in support of business priorities and the creation of long-term, shareholder value. She also provides advice on evolving market trends in executive compensation in light of regulatory reforms and shareholder influence. Ms. Mason has authored numerous articles on executive and board of director compensation and incentive design and is a frequent speaker at industry conferences (e.g., Equilar Executive Compensation Summit). Ms. Mason holds a Bachelor of Arts in Mathematics and Economics from Cornell University.