NACD BoardTalk – Leading Directors and Experts Reflect on 2022, Discuss Top Business Trends to Come
January 24, 2023
2023 has the potential to be an economically turbulent year—and compensation committees need to be prepared for anything. At NACD’s “Leading Minds of Governance” program in December, board members and top governance experts, including Farient’s Dayna Harris, discussed how compensation committees can put the right pay program in place to weather any storms in the year ahead. Dayna highlighted why having a compensation strategy that works in good times and bad, balancing performance-based and retention-oriented pay, is essential to retain good executives and avoid red flags with investors.
About Dayna Harris
Partner, Farient Advisors, Los Angeles
Dayna has been a consultant on executive and board compensation for two decades, designing incentive programs that align compensation with business strategy and create value for shareholders. Her experience includes advising boards and senior management of public and private companies across various industries. She works with management and boards to reach a consensus on program design that is effective within the context of a company’s organizational structure and situation.
Further, her incentive design work identifies the appropriate frameworks, performance measures, and approaches for goal setting. Before joining Farient, Dayna was a principal at Semler Brossy Consulting Group and held executive compensation consulting roles at Sibson & Company, SCA Consulting, and Mercer.
She frequently speaks on topics including pay and performance, disclosure, and regulatory compliance for the National Association of Corporate Directors (NACD), WorldatWork, the National Association of Stock Plan Professionals (NASPP), the Council of Institutional Investors, and the Society of Corporate Governance Professionals. Dayna is a member of WorldatWork, NASPP, the Council of Institutional Investors, and NACD. For three years, Dayna was named to the NACD Directorship 100, the prestigious annual list of the most influential people and experts in corporate governance and the boardroom. She holds both an MBA and a bachelor’s degree from San Diego State University.