Executive Compensation in the 2020 Landscape CLE

Stephen F. O’Byrne is President and co-founder of Shareholder Value Advisors Inc., a consulting firm that helps companies increase shareholder value through better performance measurement, incentive compensation and valuation analysis.  His work on measuring the strength and cost-efficiency of top management incentives has been published in the Harvard Business Review, the Journal of Investing, Conference Board Director Notes, the Journal of Applied Corporate Finance and the WorldatWork Journal.  He is the co-author, with Professor David Young of INSEAD, of EVA and Value-Based Management.  He was previously head of the compensation consulting practice at Stern Stewart & Co. and a Principal in the executive compensation practice at Towers Perrin.

Mr. Heim has been a trusted advisor to Boards and their senior management teams on all aspects of executive compensation and director compensation issues since 2004.  He leads engagements for clients ranging from Fortune 500 firms to pre-IPO start-ups across multiple industries, including technology, biotech, aerospace & defense and industrial manufacturing.  Specific areas of focus include pay governance, incentive plan design, pay-for-performance alignment, compensation benchmarking, proxy analysis and special compensation programs for IPO and M&A transactions.

Prior to transitioning to the consulting field, Mr. Heim worked in the corporate human resources departments of EMC Corporation, The Gillette Company and One Beacon Insurance.  He regularly writes and presents on executive compensation topics for organizations such as the NACD, American College of Corporate Directors, and WorldatWork, and is also a former faculty member of WorldatWork, serving as course instructor for “Principles of Executive Rewards”.

David R. Johanson has helped hundreds of corporations form ESOPs and create effective employee ownership through other equity incentives during the past 35 years. Mr. Johanson assists clients in designing ESOP and equity  incentive plans and accomplishing ESOP-related transactions, including mergers and acquisitions of all kinds. Mr. Johanson also defends ERISA fiduciary actions in Federal Courts throughout the U.S. and is actively involved in defending regulatory and enforcement actions by the Internal Revenue Service and the U.S. Department of Labor.  Recognized nationally for his experience and expertise in the ESOP and executive compensation field, Mr. Johanson is a past chair (1993-1995 and 2005-2007) of the legislative and regulatory advisory committee of The ESOP Association.  He also is a past chair of The ESOP Association’s advisory committee chairs council and is a former member of its board of directors. Mr. Johanson was honored at the 17th annual conference of The ESOP Association as the outstanding advisory committee chair for 1993-94. Mr. Johanson served for more than ten years as General Counsel to The National Center for Employee Ownership and on its board of directors.  Mr. Johanson writes and speaks frequently about employee ownership throughout the U.S.