Tansley Stearns, President/CEO at Community Financial Credit Union, and Kirk Kordeleski, Partner at OM Financial Group, stopped by the Studio Lounge to discuss how OM Financial assisted Canvas Credit Union (Tansley's previous employer) with the credit union's executive compensation planning to help keep the "band" together.
Here's what we addressed:
compensation needs to be commensurate with the credit union leadership's job or it can’t provide member value
current drivers of executive comp
4 foundations of executive compensation (Tansley's design)