Executive Compensation and COVID-19

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Executive Compensation and COVID-19

April 2020

Dan Mayfield, Managing Director with Gallagher’s Human Resources & Compensation Consulting practice, shares his assessment of the impact of changes in the market on tax-exempt organizations.

Executive compensation is not the main focus now. However, consider current and future performance within our new environment to retain high-performing executive teams.

As the impact of COVID-19 expands, organizations struggle with business continuity and human resource challenges. Day-to-day activities and business planning have become less critical during this time of increasing uncertainty.

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Author

Dan Mayfield, Managing Director, Gallagher

Dan Mayfield is a Managing Director with Gallagher’s Human Resources & Compensation Consulting practice. Mr. Mayfield has nearly 17 years of experience consulting on executive pay issues in partnership with the board of trustees and management of both large and small health care providers. Mr. Mayfield works closely on issues related to compensation strategy, incentive plan design, severance benefits, nonqualified retirement plans and perquisites, director compensation, and corporate governance. Mr. Mayfield leverages his experience partnering with both for-profit and not-for-profit organizations across industries to assist his clients.  Contact Dan