Ben is a Principal with Exequity, and is located in our Libertyville, Illinois office. Ben’s consulting activities involve all facets of executive and director compensation, such as selecting an appropriate peer group, incentive design, outside director compensation, severance, and change-in-control. In addition, Ben advises companies on executive compensation issues related to corporate restructurings and transactions, including mergers and acquisitions, IPOs, and spin-offs. Ben's clients range from large, global companies to small, privately held enterprises across a variety of industries.
An expert in statistical analysis, Ben leads Exequity’s advanced analytics and research capabilities. Much of his research focuses on the design and implementation of relative total shareholder return (relative TSR or RTSR) as a performance metric. Ben’s research into relative performance outcomes led to the development of Market Analytics, a proprietary analysis Exequity’s clients use to assess and develop peer groups, including those used to benchmark relative TSR. Ben also assists companies with designing and valuing market-conditioned awards (e.g., relative TSR awards) and Monte Carlo simulations. Ben is a regular contributor to the Harvard Law School Forum on Corporate Governance and Financial Regulation and The Columbia Law School Blue Sky Blog. Ben's research into relative TSR usage and other topics has been featured in Agenda, a Financial Times publication. Ben also co-authored the chapter on long-term incentives for the 6th edition of The Compensation Handbook, published in 2015, and is a regular speaker at The National Association of Stock Plan Professionals (NASPP) chapter events. Prior to joining Exequity, Ben was an executive compensation consultant at a large, global consulting firm. Ben has four years of experience in financial services, working at a private equity firm and in executive search, specializing in recruiting investment bankers and private equity professionals. Ben received an M.B.A. from the Wisconsin School of Business at the University of Wisconsin-Madison. Formerly a freelance musician in New York, Ben received a Bachelor of Music degree from Oberlin College Conservatory. |