Directors of Canadian Public Companies face ever increasing legal and reputational risks as they strive to fulfill their governance responsibilities of publicly traded companies. Through our relationship with 3XCD, Hallmark assists Boards is managing their risks by working to design  a “pay for performance” plan that may better align CEO compensation with corporate strategy and comparable peer group performance.   Executive compensation packages are often at the centre of litigation.  We will analyze how your pay-for-performance structure compares with your competitors, using appropriate peer groups, and link market measures to pay-for-performance

In addition, Hallmark  and 3XCD can provide a systematic and individualized approach to identifying your risk exposure and managing these risks by conducting due diligence, using outside expert advisors, following best practices with respect to disclosure & Corporate Governance, and ensuring Directors & Officers are indemnified.

With the benefit of detailed risk assessment and aligned Executive Compensation, Directors can reduce the risks they face and the chance of financial loss of their personal assets.

Finally,  Hallmark can critically analyze your current D&O coverage for exposures based on your industry, business situation and strategic direction and recommend changes to coverage to ensure Directors & Officers are getting the right coverage that reflects the results of the risk management steps implemented.

The significant difference in the approach taken to these issues by  Hallmark and 3XCD approach is the direct involvement with Directors, unlike the traditional approach whereby Management makes  the decisions about the coverage and limits provided to protect  Directors.

To arrange a consultation, contact our President, John Walters, at 416.490.6010 (john.walters@hallmarkins.com)