Compensation Accountability: The Board’s Role in Executive Compensation (Edmonton)
June 19, 2023
Some Of Your Comments:
- Fireside chat was an engaging way to present and discuss topics.
- I liked the Q&A. Always the most interactive and relevant for those in the room. Also the opportunity to network after the event.
- The content and the expertise and experience of the speakers were impressive.
- Dentons was a great host and the event timing was appropriate.
- I re-connected with people I had not seen for some time and met a few new people!
- Everything was well done – very organized and professional
Our Fireside Chat Features:
Scott Munn
Partner – Lead Advisor to Compensation Committees, Hugessen Consulting
Maryse Saint-Laurent
Board Director – North American Construction Group Ltd. and ATB Financial
Ashton Rudanec
Senior Manager – ESG Stewardship & Reporting, Alberta Investment Management Corporation (AIMCo)
Board Director – Civida Housing Foundation
Heather Barnhouse
Partner – Dentons Canada LLP, Member of the Technology and Corporate Commercial Groups
Moderated by:
Kristina Williams
President and CEO – Alberta Enterprise Corp.
Vice Chair – Northern Alberta Institute of Technology Board (NAIT)
Board Director – North American Construction Group and Alcanna
Just as a reminder, the event begins at 4:30 p.m. MST. Please enter the meeting through the personalized link you received upon registration. Look forward to seeing you all soon!
We are pleased to invite you to join our next Board Ready Women event exclusively offered to our Metro Edmonton (EMR) network on June 19th from 4:30 to 7:00 pm (MT). We are hosting this event in person at Dentons Canada LLP (2500 Stantec Tower, 10220 103 Ave NW, Edmonton). In-person registration starts at 4:00 pm, with the panel starting at 4:30 pm, followed by cocktails and networking.
In-person attendance is limited to 75 attendees so please register early!
Please feel free to share this invitation with your network!
Boards of directors have ultimate accountability for CEO and executive performance and making executive decisions, usually based on recommendations from Compensation Committees. Board compensation decisions are under increasing scrutiny to ensure that executive compensation is fair and equitable from a stakeholder perspective, especially shareholders.
At the session we will address:
- Legal and Regulatory requirements with respect to Compensation Disclosure
- General Compensation philosophies and trends in Executive Compensation
- Stakeholder accountability – Peer comparisons and performance management
- Board HRC and Governance Committee challenges and accountability.
Speakers' Bios:
Scott Munn
Partner - Lead Advisor to Compensation Committees, Hugessen Consulting
Scott founded the Calgary office of Hugessen. He has been a lead advisor to Compensation Committees across Canada as a Hugessen Partner and as a National Partner and leader at another national firm.
While advising boards and executive teams over the past 25 years, Scott has been involved in all aspects of executive compensation, performance goal setting /evaluation and related governance. His clients include large and midsized publicly traded companies as well as larger private and public sector organizations. He is a frequent speaker and contributor of intellectual capital on a broad range of topics around governance, compensation program design, pay and performance linkage and measurement. Scott is a long-standing faculty member for the Institute of Corporate Directors’ Directors Education Program.
Prior to joining Hugessen Consulting as a Partner in October 2008, Scott was a National Partner and Principal with Mercer.
Scott is a CFA Charterholder. Scott graduated with distinction for the Schulich School at York University with an MBA and holds a BA in economics from Western University.
Bow Valley Square IV
Suite 1520
250 – 6 Avenue SW
Calgary, AB T2P 3H7
T: 403-441-6297
F: 403-444-1945
C: 403-966-4175
Email: smunn@hugessen.com
Maryse Saint - Laurent
Board Director, North American Construction Group Ltd. and ATB Financial
Non-Executive Corporate Director
Ms. Saint-Laurent is an accomplished corporate executive and independent director with over 25 years’ experience as a corporate, transactional and securities lawyer in the energy, electricity, and mining sectors. Ms. Saint-Laurent has led several M&A and financing transactions and has a strong governance background. She also possesses over 30 years of direct and indirect experience in human resources, compensation, and benefits/pension management.
Ms. Saint-Laurent currently serves on the board of North American Construction Group Ltd., and ATB Financial. She previously served on the board of Turquoise Hill Resources Ltd, Pretivm Resources Inc, Guyana Goldfields Ltd and the Alberta Securities Commission. She has chaired Governance, Human Resources and Special Transactional Committees of the Boards she has served on. She has and also currently serves on Audit committees. Ms. Saint-Laurent also currently serves on the Chapter executive of the ICD and has previously served on the non for profit boards of the Calgary Prostate Cancer Centre and Western Sky Land Trust.
Ms. Saint-Laurent, KC, holds a Master of Laws (securities and finance), from York University, Osgoode Hall Law School, a LL.B., BA, and Certification in Human Resources Management, and her certification in Indigenous Canada, from the University of Alberta, as well as her ICD.D designation.
Ashton Rudanec
Senior Manager – ESG Stewardship & Reporting, Alberta Investment Management Corporation (AIMCo)
Board Director – Civida Housing Foundation
Ashton Rudanec is a proud alumna of the Alberta School of Business MBA (’16) and BCom (’12) programs. After getting her start in marketing with local non-profit organizations, she worked as a consultant delivering marketing and communications solutions to a diverse portfolio of clients.
From 2012-2015, Ashton worked for the Alberta Cancer Foundation as a Communications & Marketing Associate and was responsible for the growth of the Foundation’s social media presence into an award-winning program.
Upon graduating from the MBA program, Ashton worked as Director, Recruitment, Admissions and Marketing with the Alberta School of Business where she promoted master’s degree programs to prospective students worldwide.
Ashton joined Alberta Investment Management Corporation (AIMCo) in 2017 as a Responsible Investment Analyst and completed a secondment as Acting Manager, Employee Engagement. She then served as Manager, Corporate Services before moving into her current role as Senior Manager, ESG Stewardship & Reporting.
An active volunteer, Ashton serves on the University of Alberta Alumni Council Executive Committee, is the Fundraising Committee Co-Chair for the AIMCo Foundation for Financial Education and a Board Director with the Civida Housing Foundation. She previously served as President of the Business Alumni Association and in board director roles with the Oak Hills Community League and South Edmonton Arts and Theatre Society.
In her spare time, Ashton is always on the move. As a certified group fitness instructor, cyclist, soccer player, and mother to a young family, she truly lives to be active!
Heather Barnhouse
Partner - Dentons Canada LLP,
Member of the Technology and Corporate Commercial Groups
Heather Barnhouse is a member of the firm’s Technology and Corporate Commercial Groups. Heather has experience drafting, reviewing and negotiating a broad range of technology-related as well as corporate/commercial agreements to assist clients with all aspects of their business, from organization, structural management, operational, financing, succession and exit transactions (i.e. mergers and acquisitions).
Heather advises clients with respect to corporate issues relating to statutory requirements, shareholder and director issues, liability issues and other related matters from an organizational, operational and transactional perspective, including shareholder and partnership agreements and disputes related thereto.
Heather also gained experience in software licensing, implementation support, service level and maintenance agreements. She advises a number of life science clients working in similar highly regulated fields, focusing principally on confidentiality agreements, material transfer agreements, licensing agreements, service agreements, grant agreements, collaboration agreements and consulting agreements.
Heather has extensive experience advising clients looking to scale their business in creative and non-conventional ways. These initiatives often involve forming strategic partnerships or joint venture arrangements to exploit opportunities that may be available through the successful combination of resources. She has worked with many clients that have formed partnerships with First Nations to realize opportunities to expand reach and grow in new markets and territories. She has expertise in the structural establishment of such partnerships for maximal benefit, operational efficiency and succession considerations.
Heather has franchising experience, advising franchisors and franchisees in all industries (food, retail, automotive, industrial, etc.), and helping them grow and manage their businesses while mitigating risks associated with franchising operations.
Heather has been recognized for her knowledge and experience in a variety of respected industry publications, including:
- Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada (2017)
- The Canadian Legal Lexpert Directory as a Lawyer to Watch in the area of Technology Transactions (2017)
- Recognized by Lexpert as a “Rising Star: Leading Lawyer Under 40,” 2016
- Named “Tomorrow’s Leader 2014” by Women in Law Leadership (WILL)
Education
- Institute of Corporate Directors Program- ICD.D Designation- 2017
- Harvard University’s Program, 2012, Negotiation Workshop – Intensive Negotiation for Lawyers and Executives
- University of Alberta, 2004, LLB (with Distinction)
- University of Alberta, 2003, MBA, Specialization in Technology Commercialization
- Concordia University College of Alberta, 1999, After-degree Diploma in Environmental Health
- University of Alberta, 1998, BSc
Admissions and Qualifications
- Alberta, 2005
- New York, 2007
Heather A. Barnhouse
Partner, Edmonton
Telephone: +1 780 423 7215
Email: heather.barnhouse@dentons.com
Website bio: https://www.dentons.com/en/heather-barnhouse
Kristina Williams
President and CEO, Alberta Enterprise Corp.
Vice Chair, NAIT
Board Director, North American Construction Group and Alcanna
Prior to joining AEC, Kristina worked for several technology companies where her responsibilities spanned the spectrum of legal, regulatory, international and new business development, corporate strategic planning, intellectual property management, as well as marketing and sales. At Alberta Enterprise Kristina has lead several of the corporation’s investments. In 2014 she was named the President and CEO, and she now oversees the management of the Alberta Enterprise Fund. She is an Associate with Creative Destruction Lab – Rockies, and a member of the Northern Alberta Institute of Technology Board of Governors, the North American Construction Group (NYSE/TSX: NOA) and Alcanna (TSX: CLIQ) Board of Directors. She also serves on the Alberta Securities Commission New Economy Advisory Committee, and she is the Honorary Consul for Sweden in Northern Alberta. Kristina holds an MBA from the University of Alberta, a Master of Laws from Uppsala University in Sweden, an accreditation for the Venture Capital Executive Program from the University of California, Berkeley – Walter A. Haas School of Business, as well as an ICD.D from the ICD-Rotman Director Education Program.
