April 9, 2015
Farient Advisors Increases Global Reach as Founding Member of Global Governance and Executive Compensation Network
New York, N.Y., April 9, 2015 – Farient Advisors, a leading independent executive compensation and performance consulting firm, announced today the launch of the Global Governance and Executive Compensation Network (GECN), with Farient as the founding member representing the United States.
The GECN brings together a select group of premier independent advisory firms specializing in the compensation and governance challenges that are increasingly faced by companies and other institutions today, both globally and within their respective markets. The alliance includes firms in 10 offices, including New York and Los Angeles in the U.S.; London, Zurich and Geneva in Europe; Beijing, Shanghai and Singapore in Asia; and Melbourne and Sydney in Australia. Through the network, GECN clients will have access to senior advisors in multiple, strategic locations who can provide best-in-class advice on their respective markets in order to address the increasingly complex compensation, tax and regulatory landscape.
“At Farient, we routinely work with multinational corporations,” said Robin Ferracone, CEO of Farient Advisors. “With our GECN partners, we can deliver seamless, global coverage and thought leadership to meet these corporations’ cross-border interests more effectively. GECN is the only network of its kind and allows Farient the ability to offer global as well as independent advice.”
Together, Farient and the GECN support global clients on executive pay and performance in more than 30 countries, bringing together the broad experience and deep technical knowledge companies need in light of growing demands from shareholders.
“This alignment is particularly timely as U.S. companies increasingly consider their executive compensation programs on a global basis to support multinational business and talent strategies and recognize cross-border trends. When it comes to global strategy, Farient has now deepened its knowledge base and can serve clients with diverse geographic interests seamlessly, expeditiously and cost-effectively,” added Ferracone.
The GECN was officially launched by member firms at a meeting in Dubai in March 2015.
About Farient Advisors
Farient Advisors LLC (www.Farient.com) is an independent executive compensation and performance consultancy. Farient provides a comprehensive array of executive compensation and performance advisory services, including compensation program design, board of directors compensation, and investor communications. Farient also offers compensation data subscriptions covering the Russell 3000 to help assess, improve, and convey pay and performance alignment. Farient has offices in Los Angeles and New York.
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View the original release on BusinessWire.