
We have worked closely with Boards of Directors and management across multiple industries. We work with our clients on both a continuity and project basis. Our continuity model embeds us into your company’s processes and in effect adds to and extends your team. We also believe that our clients deserve all the resources that we have to offer. As such, we staff client relationships with senior co-leads who attend all Compensation Committee meetings and who work together to bring insights to our clients and ensure availability and access.
How Farient changed the game
Farient was engaged by the Compensation Committee of the Board of this Fortune 1000 manufacturing company to develop a new compensation strategy and short- and long-term incentive plans geared to their global growth strategy.
Good. Better. Best. How Farient designed a best approach to goal-setting
Since going public, this Fortune 1000 company had a pay program that was pretty straightforward…
consisting of base salary, a bonus opportunity contingent largely upon meeting corporate profit objectives, and stock options. Like so many other companies, this client stated in its proxy report that one of its compensation goals was to align the interests of executives with those of shareholders.
The Compensation Committee of this large publicly-traded company engaged Farient to obtain a better understanding of whether its executive compensation program might encourage excessive risk-taking.