Compensation: Hot Topics

We gathered in the Woodlands at ChampionX Headquarters, where our panel discussed the latest hot topics and trends in compensation.

Topics included the expansion of clawback policies, recent FTC rulings on non-compete agreements, and the complex role of shareholder advisory firms in influencing compensation decisions. Panelists provided insights on setting and achieving performance goals, succession planning best practices, and the impact of political shifts and ESG goals on executive pay. 

Additionally, the session covered compensation strategies across public, private, and nonprofit boards, recent trends in director pay, and valuable lessons from seasoned committee members. Ideal for board directors, this program offered essential guidance for managing risk and aligning compensation with organizational goals.

A special thank you to Gail Stewart, our lead panelist, for skillfully guiding this dynamic discussion, and to our panelists, David Bixby, Mark McCollum, and Julie Robertson, for sharing their invaluable expertise and experiences with us.

We also want to extend our appreciation to Soma Somasundaram and John Breed of ChampionX for hosting us, making it a memorable event.

Program Videos

View the complete program playlist, including the following video clips:  

• Expanding Clawbacks & Navigating Non Competes: What Every Compensation Committee Needs to Know

• Shareholder Influence: How Much Should Compensation Committees Defer

• Setting and Achieving Performance Goals in Compensation Plans

• Strategic Succession: Planning The Compensation Committee’s Role

• Navigating Political Shifts, ESG, and Union Insights in Compensation Strategy

• Compensation Strategies for Public, Private, and Nonprofit Boards: Key Trends and Insights

• Hard-Learned Lessons for Today’s Compensation Committees

The Power of Perspectives: Hear from Alan Quintero, director at TDIndustries, as he shares his key takeaways from the program.

Program Resources   NACD: Director Compensation Report Compensation Committee Blueprint   Meridian Compensation Partners: 2024 Meridian Corporate Governance and Incentive Design Survey Principles in Addressing the Unexpected Events - How do you prepare for the unpredictable executive compensation?   Panelists   David Bixby Managing Partner, Meridian Compensation Partners, LLC; Director, Bixby Family Foundation and NACD Texas TriCities Chapter David has over 20 years of compensation consulting experience with an emphasis on the assessment and design of executive and director pay programs, compensation strategy and philosophy, pay and performance alignment, and corporate governance... Read Full Bio     Mark McCollum Chair Compensation Committee, Marathon Oil | Chair HR & Compensation Committee, Baylor College of Medicine | Director, Westlake Corporation; Seadrill Limited; St. Luke’s Medical Center. Mark McCollum served as president, CEO, and director for Weatherford International plc, a global oilfield service company operating in over 80 countries and employing over 25,000 people, from April 2017 until June 2020... Read Full Bio     Julie Robertson Director, Patterson-UTI Energy Inc., Seadrill Limited, Superior Energy Services, Inc., EOG Resources Inc, NACD Texas TriCities Chapter Julie Robertson retired as Executive Chairman of Noble Corporation plc in 2021 after having served in various roles of increasing responsibility for over 40 years. She was appointed Chairman of the Board, President and Chief Executive Officer of Noble in January 2018 and previously, she served as Executive Vice President of the company from February 2006 and as Senior Vice President – Administration from July 2001 to February 2006... Read Full Bio     Gail Stewart, NACD.DC Senior Counsel, Baker Botts ; Director, Baylor College of Medicine, Baylor University, Houston Christian High School, River Oaks Baptist School, NACD Texas TriCities Chapter As one of the country's leading executive compensation attorneys, Gail offers far more than legal experience. In addition to four decades of experience handling the complex intersection of federal and state employment law, tax and securities compliance... Read Full Bio