Why can't we get this done?
FutureSense facilitated the completion of a CEO contract for a large, non-profit health system working on behalf of the Board of Directors through a special sub-committee of the Compensation Committee. The objective of the engagement was to provide a fair, unbiased assessment of the competitiveness and reasonableness of the CEO contract which had been under discussion between the CEO and the Board of Directors.
This client had struggled for over six years to gain consensus on the components of the contract and had numerous advisors (consulting, law and insurance) engaged to bring the contract to conclusion – without success. FutureSense was able to get the job done in 60 days – consolidating volumes of past history, conducting current analysis and drafting components of the contract in an easy-to-understand, organized format (for review by legal counsel, of course).
As a result of our work, the Board of Directors finally approved and signed the CEO contract.