Recently, I and Tansley Stearns, President/CEO at Community Financial Credit Union, sat down with Mike Lawson of CUbroadcast.

It was a great day at the CUES Symposium. And, as luck would have it, it was also a great day to discuss the strategic power of executive compensation planning.

Symposium23_TansleyandKirk.mp4 from CUbroadcast on Vimeo.

Tansley had been at Canvas Credit Union before her transition to Community Financial, and PARC Street Partners helped them find a way to keep the “band” together.

Here’s what we addressed:

• compensation needs to be commensurate with the credit union leadership’s job or it can’t provide member value
• current drivers of executive comp
• 4 foundations of executive compensation (Tansley’s design)
• 2023 data on executive comp

If you have 15 minutes to watch, I highly recommend it!