McLagan's Community and Regional Banking practice specializes in the review and design of board of director, executive and staff level compensation for financial institutions with assets under $30 billion. Our principal consultants have worked with more than 400 firms, ranging from De Novo to publicly-traded regional banks.
We are most often engaged as the compensation committee advisors and work closely with senior managements on executive compensation. We provide direction in benchmarking pay and performance, addressing regulatory issues, shareholder say on pay, and assisting in the design of short and long-term incentive plans.
Our recommendations are informed by real-time market intelligence, a wealth of valuation, tax and accounting expertise and a firm-wide commitment to tracking compensation-related regulatory developments in the financial services industry. We have a dedicated team focused on understanding guidance on problematic pay practices.
Our partnership with clients is based on our commitment to providing independent, fact-based advice related to:
- Compensation committee support
- Executive compensation
- Director compensation
- Board governance assessments
- Annual and deferred/long-term incentive plan design and risk reviews
- Compensation benchmarking
- Employee agreements/contracts
- Regulatory issues impacting compensation
- Proxy preparation and review
- Change in Control reviews
McLagan’s independent advisors provide community and regional banking firms consulting assistance with director, executive, staff level compensation, benchmarking incentive plan design and compensation committee services.
Employing both banking industry expertise and proprietary survey data, McLagan specialists help clients assess their position within the competitive landscape, create reward plans that link the firm’s budgets and goals with employee objectives and execute against those strategies.
