NEW YORK, February 14, 2012 — Independent executive compensation consultancy Pearl Meyer & Partners announced today that Steve Sullivan has joined the firm as a Vice President in the firm’s Houston office, where he will specialize in advising healthcare and tax-exempt organizations on executive pay programs and related board governance issues.
Mr. Sullivan brings to the firm more than 20 years of consulting and industry experience in strategic human resources and executive compensation initiatives, focusing around issues related to benchmarking, design and program oversight in the healthcare and tax-exempt markets. He also advises clients in the areas of sales and performance incentives, recruitment, motivation and retention, strategic compensation program design and implementation, and organizational change. In additional to his extensive work in the healthcare industry, he has advised clients in the financial services, manufacturing and information technology sectors.
“Steve’s experience helping healthcare organizations develop more strategic compensation programs to retain top executive talent is especially valuable, given the fierce competition in that rapidly changing industry,” said David Swinford, President and CEO of Pearl Meyer & Partners.
Mr. Sullivan facilitates program design discussions with compensation committees and executives to better align pay approach, pay levels, plan metrics and measures with mission, transformational change and the calibration of pay and performance. He has developed highly customized incentive plan arrangements to drive growth, cost reduction and specific pre- and post-integration initiatives.
Prior to joining PM&P, Mr. Sullivan was a Director at Verisight, Inc., where he provided executive compensation advisory services to healthcare organizations throughout the Midwest prior to and following its acquisition of McGladrey’s Strategy & Human Capital Services Practice. He also previously served as a Senior Manager with Ernst & Young LLP’s National Human Capital Practice, providing advisory services to both public and private companies; as Americas’ Compensation Manager for Andersen Consulting (Accenture); and as a Compensation Consultant for the Bank Administration Institute. He has also worked on the corporate side of compensation as a Human Resources Officer at The Northern Trust Company.
Mr. Sullivan holds a B.A. from Gustavus Adolphus College, an M.A. from California State University and has completed studies toward an Industrial/Organizational Psychology Ph.D. at the Illinois Institute of Technology.
Mr. Sullivan has conducted research and spoken in different forums on institutional investor activism, corporate governance and strategic compensation alignment with organizational imperatives. He is a member of the American College of Healthcare Executives, the National Association of Stock Plan Professionals (NASPP), Society of Human Resource Management (SHRM) and WorldatWork.
About Pearl Meyer & Partners
For more than 20 years, Pearl Meyer & Partners (www.pearlmeyer.com) has served as a trusted independent advisor to Boards and their senior management in the areas of compensation governance, strategy and program design. The firm provides comprehensive solutions to complex compensation challenges for multinational companies ranging from the Fortune 500 to not-for-profits as well as emerging high-growth companies. These organizations rely on Pearl Meyer & Partners to develop global programs that align rewards with long-term business goals to create value for all stakeholders: shareholders, executives, and employees. Pearl Meyer & Partners maintains U.S. offices in New York, Atlanta, Boston, Charlotte, Chicago, Houston, Los Angeles, San Francisco and San Jose, as well as an office in London.