Boards See C-Suite Departures on the Horizon: Survey—Agenda
October 30, 2023
New research from Farient and Corporate Board Member titled “Turnover at the Top” highlighted persistent concerns among boards of the growing number of C-suite departures and that corporate culture has emerged as a key reason for departure and lever for retention of top talent. This article in Agenda discusses the report and features Farient COO and Partner RJ Bannister, who highlights his insights and recommendations on how boards can reduce turnover by focusing on talent more than ever before.
About R.J. Bannister
Partner, COO, Farient Advisors/GECN Group, New York
R.J. has 30-plus years of experience consulting to the S&P 1500 and large private companies representing the board’s compensation committee or management, and sometimes both parties. R.J. has worked with hundreds of companies on their total rewards strategy and executive compensation philosophy to align pay programs with business strategy. His ability to create alignment results from deep insights on industry and compensation trends; sophisticated financial, market, and compensation analytics; and impactful, easy-to-implement solutions. He has worked in nearly every industry sector and extensively with private equity companies. Before joining Farient, R.J. was the founder and CEO of Bannister Group LLC, an executive compensation and total rewards consultancy he founded in 2019 after retiring as a managing director from Willis Towers Watson. R.J. holds an MSc in economics from the London School of Economics and a BS in economics from the University of Pennsylvania’s Wharton School with a triple concentration in corporate finance, strategic management, and international political science.