A Comprehensive Look at Executive Incentive Plan Design
A Comprehensive Look at Executive Incentive Plan Design sophia.defreit…Steven Hall
Biography
Steven Hall is a principal at Pearl Meyer. He has over 20 years' experience advising domestic and international clients on matters related to executive and board of director compensation. Steven partners with his clients to develop executive pay programs that motivate, attract, and retain top quality talent with the goal of driving long-term growth for shareholders. Steven advises clients of varying sizes, organization structures, and industries, including Fortune 500 organizations, privately held companies, and pre-IPO ventures across an array of industries.
Prior to joining Pearl Meyer, Steven was a principal at a global HR consultancy for four years, and prior to that he worked at a boutique executive compensation firm based in New York for 16 years.
Steven is a Certified Executive Compensation Professional and holds a BS in business administration from the Questrom School of Business at Boston University.

I believe compensation is one of the clearest ways to communicate a company’s priorities and values. Properly designed compensation programs are vital to reinforce the strategy and motivate achievement of the organization’s business objectives. Conversely, when compensation programs are inconsistent with the organization’s mission, the result can be costly. My goal is to develop compensation structures that drive sustainable growth and mitigate risk.

Pearl Meyer’s Comment Letter to the Securities and Exchange Commission
Flipping the Script: How Trump’s Tariffs Upend CEO Pay Design
Flipping the Script: How Trump’s Tariffs Upend CEO Pay Design sophia.defreit…Testing Assumptions: Do We Have the Right Metrics?
Testing Assumptions: Do We Have the Right Metrics? sophia.defreit…Aalap Shah
Biography
Aalap Shah is a managing director at Pearl Meyer. With more than 20 years of experience, Aalap advises public and privately held companies on executive compensation issues, with focus on pay governance, pay-for-performance alignment, and incentive plan design. Of particular interest is the intersection between business strategy, people strategy, and compensation strategy, believing alignment of all three is required to design effective programs.
Aalap advises clients in a variety of industries, including high-tech, healthcare, financial services, consumer products, retail, manufacturing, real estate, and media. He also consults on special compensation programs for IPO and merger and acquisition transactions.
Prior to joining Pearl Meyer in 2006, Aalap was with Mercer Human Resource Consulting, where he specialized in executive remuneration advisory services.
Aalap holds a BS degree in industrial and labor relations with a concentration in international human resource management from the School of Industrial and Labor Relations at Cornell University.

Organizations create and sustain their competitive advantage by offering a distinctive value proposition to both their customers and investors. That value proposition manifests itself in various ways—products and services, the brand, operational efficiencies, and so on. My responsibility is to craft unique compensation structures, within the context of effective corporate governance, that guarantee your organization’s people strategy will be a competitive advantage. I do this by partnering with you to dive deep and think creatively.

Mark Rosen
Biography
Mark Rosen is a managing director and consulting team leader at Pearl Meyer. In his management role, he oversees a team of senior compensation consultants in the execution of the firm’s growth strategy and in the development of consultants at various stages in their careers. Mark has consulted on executive and board compensation issues for more than 20 years for a broad range of public companies, as well as tax-exempt organizations and academic institutions. He has extensive experience with benchmarking, retirement plan design, governance issues, and tax and accounting considerations.
Prior to joining the firm, Mark was a partner in the human capital practice of Arthur Andersen, where he led the southeast compensation practice as well as the Carolinas’ human capital practice.
He holds a BBA and an MS in accounting with a specialty in taxation from Texas A&M University. Mark is also a certified public accountant.


The Near-Term Problem with Long-Term Forecasting
The Near-Term Problem with Long-Term Forecasting sophia.defreit…Aalap Shah
Biography
Aalap Shah is a managing director at Pearl Meyer. With more than 20 years of experience, Aalap advises public and privately held companies on executive compensation issues, with focus on pay governance, pay-for-performance alignment, and incentive plan design. Of particular interest is the intersection between business strategy, people strategy, and compensation strategy, believing alignment of all three is required to design effective programs.
Aalap advises clients in a variety of industries, including high-tech, healthcare, financial services, consumer products, retail, manufacturing, real estate, and media. He also consults on special compensation programs for IPO and merger and acquisition transactions.
Prior to joining Pearl Meyer in 2006, Aalap was with Mercer Human Resource Consulting, where he specialized in executive remuneration advisory services.
Aalap holds a BS degree in industrial and labor relations with a concentration in international human resource management from the School of Industrial and Labor Relations at Cornell University.

Organizations create and sustain their competitive advantage by offering a distinctive value proposition to both their customers and investors. That value proposition manifests itself in various ways—products and services, the brand, operational efficiencies, and so on. My responsibility is to craft unique compensation structures, within the context of effective corporate governance, that guarantee your organization’s people strategy will be a competitive advantage. I do this by partnering with you to dive deep and think creatively.

Mark Rosen
Biography
Mark Rosen is a managing director and consulting team leader at Pearl Meyer. In his management role, he oversees a team of senior compensation consultants in the execution of the firm’s growth strategy and in the development of consultants at various stages in their careers. Mark has consulted on executive and board compensation issues for more than 20 years for a broad range of public companies, as well as tax-exempt organizations and academic institutions. He has extensive experience with benchmarking, retirement plan design, governance issues, and tax and accounting considerations.
Prior to joining the firm, Mark was a partner in the human capital practice of Arthur Andersen, where he led the southeast compensation practice as well as the Carolinas’ human capital practice.
He holds a BBA and an MS in accounting with a specialty in taxation from Texas A&M University. Mark is also a certified public accountant.


Shareholders Balk at Biggest CEO Pay Packages This Year
Shareholders Balk at Biggest CEO Pay Packages This Year sophia.defreit…Boards Championing Innovation: Shepherding Growth in an Uncertain World
Management's Annual Incentive Plans: Stretch Goals or Layups
Management's Annual Incentive Plans: Stretch Goals or Layups sophia.defreit…Aalap Shah
Biography
Aalap Shah is a managing director at Pearl Meyer. With more than 20 years of experience, Aalap advises public and privately held companies on executive compensation issues, with focus on pay governance, pay-for-performance alignment, and incentive plan design. Of particular interest is the intersection between business strategy, people strategy, and compensation strategy, believing alignment of all three is required to design effective programs.
Aalap advises clients in a variety of industries, including high-tech, healthcare, financial services, consumer products, retail, manufacturing, real estate, and media. He also consults on special compensation programs for IPO and merger and acquisition transactions.
Prior to joining Pearl Meyer in 2006, Aalap was with Mercer Human Resource Consulting, where he specialized in executive remuneration advisory services.
Aalap holds a BS degree in industrial and labor relations with a concentration in international human resource management from the School of Industrial and Labor Relations at Cornell University.

Organizations create and sustain their competitive advantage by offering a distinctive value proposition to both their customers and investors. That value proposition manifests itself in various ways—products and services, the brand, operational efficiencies, and so on. My responsibility is to craft unique compensation structures, within the context of effective corporate governance, that guarantee your organization’s people strategy will be a competitive advantage. I do this by partnering with you to dive deep and think creatively.

Mark Rosen
Biography
Mark Rosen is a managing director and consulting team leader at Pearl Meyer. In his management role, he oversees a team of senior compensation consultants in the execution of the firm’s growth strategy and in the development of consultants at various stages in their careers. Mark has consulted on executive and board compensation issues for more than 20 years for a broad range of public companies, as well as tax-exempt organizations and academic institutions. He has extensive experience with benchmarking, retirement plan design, governance issues, and tax and accounting considerations.
Prior to joining the firm, Mark was a partner in the human capital practice of Arthur Andersen, where he led the southeast compensation practice as well as the Carolinas’ human capital practice.
He holds a BBA and an MS in accounting with a specialty in taxation from Texas A&M University. Mark is also a certified public accountant.


Clawbacks Reaching Beyond SEC Regs Manifest in Latest Filings
Pearl Meyer Strengthens Its Executive Compensation and Leadership Practice Teams with Two New Principals
Constructing a Compensation Peer Group
Is it Feeling Like Spring 2020?
Is it Feeling Like Spring 2020? teresa.osborne…Aalap Shah
Biography
Aalap Shah is a managing director at Pearl Meyer. With more than 20 years of experience, Aalap advises public and privately held companies on executive compensation issues, with focus on pay governance, pay-for-performance alignment, and incentive plan design. Of particular interest is the intersection between business strategy, people strategy, and compensation strategy, believing alignment of all three is required to design effective programs.
Aalap advises clients in a variety of industries, including high-tech, healthcare, financial services, consumer products, retail, manufacturing, real estate, and media. He also consults on special compensation programs for IPO and merger and acquisition transactions.
Prior to joining Pearl Meyer in 2006, Aalap was with Mercer Human Resource Consulting, where he specialized in executive remuneration advisory services.
Aalap holds a BS degree in industrial and labor relations with a concentration in international human resource management from the School of Industrial and Labor Relations at Cornell University.

Organizations create and sustain their competitive advantage by offering a distinctive value proposition to both their customers and investors. That value proposition manifests itself in various ways—products and services, the brand, operational efficiencies, and so on. My responsibility is to craft unique compensation structures, within the context of effective corporate governance, that guarantee your organization’s people strategy will be a competitive advantage. I do this by partnering with you to dive deep and think creatively.

Mark Rosen
Biography
Mark Rosen is a managing director and consulting team leader at Pearl Meyer. In his management role, he oversees a team of senior compensation consultants in the execution of the firm’s growth strategy and in the development of consultants at various stages in their careers. Mark has consulted on executive and board compensation issues for more than 20 years for a broad range of public companies, as well as tax-exempt organizations and academic institutions. He has extensive experience with benchmarking, retirement plan design, governance issues, and tax and accounting considerations.
Prior to joining the firm, Mark was a partner in the human capital practice of Arthur Andersen, where he led the southeast compensation practice as well as the Carolinas’ human capital practice.
He holds a BBA and an MS in accounting with a specialty in taxation from Texas A&M University. Mark is also a certified public accountant.

