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New C-Suite Appointments Soar Amid Declining Executive Tenures—Agenda
October 7, 2024
New research from Farient and Corporate Board Member have found an accelerating shortening of CEO tenures and rising worries among boards about executive turnover. This article in Agenda discusses the challenges for boards, citing the Farient/CBM research and Partner and COO R.J. Bannister. Bannister mentions that for all the issues they face, boards have more ability to address these matters with the trend of compensation committees taking responsibility for succession planning and overall talent strategy.
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About R.J. Bannister
Partner, COO, Farient Advisors/GECN Group, New York
New York: (646) 626-6929
Mobile: (917) 747-3985
rj.bannister@farient.com
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.
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