Matt Vnuk is a partner of Compensation Advisory Partners LLC (CAP) in New York. He has 15 years of experience advising boards and management in all areas of executive and director compensation, across a wide range of public and private companies, with a focus on the financial services, high-tech, insurance, payment processing, manufacturing and luxury retail industries.
Matt has been featured by the National Association of Corporate Directors (NACD) as “a leading mind in compensation,” having extensive experience establishing a robust CEO performance assessment framework – with board and CEO buy-in – and linking it to annual compensation decisions, providing support with setting shareholder-focused performance targets, customizing incentive programs to shifting strategic priorities, shareholder and proxy advisory firm engagement, and addressing Say on Pay challenges. He has worked with a number of clients to craft best in class CD&A’s and has supported several Fed submissions from banking organizations on their pay programs, including the development of dynamic risk/pay models.
Matt leads CAP’s methodology committee, regularly authors CAP client alerts, and has been quoted by or written for numerous publications; e.g., Agenda, Directorship and The Wall Street Journal. He has also co-authored several comment letters to the SEC and ISS on behalf of CAP, as well as the annual NACD Director Compensation Report, and has also been a speaker at a number of compensation and regulatory-focused events sponsored by Equilar, the Knowledge Congress, the National Association of Corporate Directors (NACD), and the National Association of Stock Plan Professionals (NASPP).
Prior to joining CAP, Matt was a consultant at Pearl Meyer.
Matt holds a Bachelor of Arts degree from the University of Rochester.
Susan Schroeder is a partner of Compensation Advisory Partners LLC (CAP) in Los Angeles. She has over 20 years of experience advising Boards and company management on compensation strategies, performance measurement customization, and short and long-term incentive plan design. Susan’s experience includes work for Fortune 500 companies as well as smaller public, private, and not-for-profit organizations across many industries, including real estate, banking, insurance, investment management, technology, manufacturing, and professional services. Over the years, Susan has developed a particular expertise in developing incentive plans that reward for long-term value creation where publicly traded stock is not available.
Susan has been a speaker for several WorldatWork Total Rewards conferences and for meetings of the Los Angeles and San Francisco Bay Area Compensation and Benefits Associations. She earned the Certified Executive Compensation Professional (CECP) designation from WorldatWork.
Prior to joining CAP, Susan was a co-founder and partner of Vivient Consulting LLC, a boutique executive compensation consulting firm, for sixteen years. Prior to that, she was a principal in the Los Angeles offices of Mercer’s Human Capital practice and SCA Consulting. Additionally, she spent twelve years in the financial services industry specializing in finance and real estate lending at First Interstate Bank and Wells Fargo Bank.
Susan received an M.B.A. from The UCLA Anderson School of Management and an A.B. in Economics from Occidental College, where she graduated with honors. She currently serves on the Board of Trustees of the National MS Society, Southern California and Nevada Chapter, and the Board of Directors of The UCLA Anderson Alumni Association. She is a past member of the Board of Trustees of Occidental College, and a current member of the National Association of Corporate Directors.
Bertha Masuda is a partner of Compensation Advisory Partners LLC (CAP) in Los Angeles. She has over 20 years of experience advising Boards and top management on compensation strategy, benchmarking, planning, incentive plan design and implementation. She has worked with companies across a broad range of industries, and with companies in various stages of development, with a specialization in growth and mid-cap companies. Bertha works with both privately held and publicly traded businesses to develop compensation strategies and incentive programs that are aligned with business strategy and financial goals.
Bertha is a speaker at national compensation conferences for organizations such as WorldatWork and the National Association of Stock Plan Professionals. She has been quoted in a variety of publications, and has co-authored several published articles regarding the use of equity incentives in publicly traded and privately held companies, and how to best communicate such programs to executives.
Prior to joining CAP, Bertha was a co-founder and partner of Vivient Consulting LLC, a boutique executive compensation consulting firm, for sixteen years. Prior to that, she was a principal at Mercer’s Human Capital business which she joined through the acquisition of SCA Consulting. In addition, she worked at Gemini Consulting and Ernst & Young.
Bertha holds an M.B.A. from the Wharton School of the University of Pennsylvania and a B.S. in Business Administration from the University of California at Berkeley, where she graduated with honors. She is a Certified Public Accountant (inactive) and a Certified Executive Compensation Professional, as designated by WorldatWork.
Kelly Malafis is a founding partner of Compensation Advisory Partners LLC (CAP) in New York. She has 20 years of executive compensation consulting experience working with compensation committees and senior management teams. Kelly’s areas of focus include compensation strategy development, evaluating the pay and performance relationship for senior executives, annual and long-term incentive plan design, compensation program governance and board of director compensation.
Kelly has advised large and small publicly-traded companies in a variety of industries, including financial services, insurance, pharmaceutical, manufacturing, and retail. Kelly has also provided advice on compensation issues for privately-held companies and companies with special circumstances such as IPOs and spin-offs. Kelly has also advised the U.S. Department of the Treasury on executive compensation matters. Kelly writes and speaks frequently on executive compensation.
Before joining CAP, Kelly was a principal at Mercer in their Human Capital group and worked in the Performance and Compensation consulting practice at KPMG.
Kelly holds a BS in Industrial and Labor Relations from Cornell University and an MBA from New York University’s Stern School of Business.
Dan Laddin is a founding partner of Compensation Advisory Partners LLC (CAP) in New York. He consults with Boards and management in all areas of executive compensation, including annual and long-term incentive design, performance measurement, target setting, and regulatory/compliance issues, as well as outside director compensation programs. Dan works closely with Committees to ensure strong governance of their executive compensation programs to drive performance and align with shareholders. Dan’s background in finance and accounting serve him well in making sure that compensation programs align with the client’s strategy and financial objectives.
Dan has over 15 years of experience working with both private and public companies across industries with a focus in consumer brands, media and manufacturing. Dan was named to the National Association of Corporate Director’s Directorship 100 for his contribution and influence in boardrooms. Dan teaches executive compensation through WorldatWork and is a regular speaker on executive compensation. He is regularly quoted in leading publications of the business press.
Prior to joining CAP, Dan was a principal in Mercer’s Human Capital business. Dan joined Mercer through the acquisition of SCA Consulting in 2001. Prior to that, Dan was a CPA and worked as an auditor in KPMG’s business assurance practice. He also worked at David Berdon & Company where he provided both audit and tax services to clients.
Dan received his MBA from the University of Chicago Graduate School of Business and graduated magna cum laude from the University of Albany with a BS in Accounting.
Eric Hosken is a partner of Compensation Advisory Partners LLC (CAP) in New York. He has more than 20 years of executive compensation consulting experience working with senior management and Compensation Committees. Eric’s areas of focus include compensation strategy development, evaluating the pay and performance relationship for senior executives, annual and long-term incentive plan design, performance measure selection and board of director compensation. A key objective in his executive compensation work is designing executive compensation programs to support the achievement of business strategy and to align with shareholder value creation.
Eric has experience with large publicly-traded companies, as well as privately-held and smaller public companies across a wide array of industries, including financial services, healthcare, manufacturing, pharmaceuticals, professional services, retail and telecommunications. He has assisted companies in developing compensation programs to address special situations, including mergers and acquisitions, spin-offs, and IPOs.
Eric was named to the National Association of Corporate Director’s Directorship 100 for his contribution and influence in boardrooms. Eric is a frequent speaker on the topic of executive compensation and teaches the subject for WorldatWork. He has also written extensively on the topic of executive compensation and performance measurement issues. He is the lead author of CAP’s “A Practical Guide to Compensation Committee Service: Lessons from the Field.
Before joining CAP, Eric was a principal at Korn/Ferry International specializing in executive compensation consulting. Prior to that, he worked at Mercer in New York and SCA Consulting in its Dallas and New York offices.
Eric has a Master of Science in Labor Economics from Cornell University’s School of Industrial and Labor Relations and a Bachelor of Arts in Economics with Honors from Oberlin College.
Margaret Engel is a founding partner of Compensation Advisory Partners LLC (CAP) specializing in executive compensation. Margaret works with compensation committees and management teams to design executive compensation strategies, annual incentive plans and long-term incentive plans. She has extensive experience working with companies facing performance challenges and developing appropriate incentives for improvements in business performance. Margaret splits her time between CAP’s New York and Houston offices.
Margaret has over 25 years of executive compensation consulting experience. She has designed and validated executive compensation strategies for companies in a wide range of industries, including retail, apparel, consumer brands, technology and telecom. She also provides compensation assistance for a variety of corporate transactions, including initial public offerings, mergers, and spin-offs.
Margaret was named to the National Association of Corporate Director’s Directorship 100 for her contribution and influence in boardrooms. She is a regular speaker on executive compensation and is quoted in leading publications of the business press. Margaret’s long-term incentive plan design for a Fortune 100 company won a GEO award for “Most Innovative and Creative Plan Design” in 2013.
Prior to joining CAP, Margaret was a principal in Mercer’s Human Capital practice for eleven years. Prior to joining Mercer, Margaret was a member of KPMG’s Performance & Compensation consulting practice.
Margaret earned a BA in American Studies from Yale University.