Integra LifeSciences Global Leader, Executive Compensation in Plainsboro, New Jersey
Integra LifeSciences, a world leader in medical technology, is dedicated to limiting uncertainty for surgeons, so they can concentrate on providing the best patient care. Integra offers innovative solutions in orthopedic extremity surgery, neurosurgery, reconstructive and general surgery, and regenerative wound care.
Integra's orthopedic products include devices and implants for foot and ankle, hand and wrist, shoulder and elbow, tendon and peripheral nerve protection and repair. Integra is a leader in neurosurgery, offering a broad portfolio of implants, devices, instruments and systems used in neurosurgery, neuromonitoring, neurotrauma, and related critical care. Integra’s Tissue Technologies is an in-patient and outpatient Regenerative product portfolio, which includes products for wound care, burns, abdominal reconstruction, and plastic & reconstructive surgery. In the United States, Integra is a leading provider of surgical instruments to hospitals, surgery centers and alternate care sites, including physician and dental offices.
Founded in 1989 Integra is headquartered in Plainsboro, New Jersey and has over 4,500 employees worldwide. Integra's common stock is listed on The NASDAQ Stock Market under the symbol "IART."
Considered a critical role on the Total Rewards team, the Global Leader of Executive Compensation will lead the overall design, administration, implementation, and communication of executive compensation and equity programs. This is an individual contributor position, but will provide direction to the Stock Administrator. This position will drive the strategy around all facets of executive pay including plan design and equity awards, in particular. This role will also participate in other compensation projects, as needed. Responsibilities will include:
Serve as the executive compensation point of contact and provides consultation and support to the Vice President, Global Total Rewards and the CHRO.
Serve as subject matter expert and thought leader in all areas of executive compensation and equity programs including positioning internally and externally, incentive programs, equity awards & administration, and perquisites, as well as the general governance that surrounds the field of executive compensation.
Provide strategic, governance and technical guidance on executive compensation issues and ensure all programs meet SEC, GAAP Accounting and FASB/IASB regulations, ISS guidelines, etc.
Develop, analyze, implement, and administer enterprise-wide executive compensation programs including base salary, short-term incentive, long-term incentives, and perquisites.
Drive the process for the timely development and preparation of all materials for the Compensation Committee of the Board of Directors, in conjunction with the legal and finance teams – as well as external consultants - to deliver high quality meeting materials on time.
Responsible for leading the effort – writing, editing, proofing - on all executive compensation disclosures/SEC filings (including the proxy statement CD&A and Summary Compensation tables, 8-K, Form-4, etc.) and coordinate information sharing with the legal team.
Monitor internal, external, and peer group competitive position to ensure alignment and effectiveness of the company’s executive compensation programs, conducted in coordination with the Committee’s independent compensation consultant.
Conduct competitive benchmarking and survey analysis to evaluate the appropriateness of executive pay levels and programs; research and resolve issues of pay for internal equity and external competitiveness.
Perform research and detailed proxy analysis on executive pay plan design, methodology, and industry trends; provide extensive data reporting and materials for Board of Directors and/or Committee meetings and external filings.
Leverage external networks to remain current on prevalent executive compensation programs, trends, and best practices.
Monitor executive compensation regulations to ensure compliance.
Support the Stock Plan Administrator for the effective deployment and reporting of all equity awards and employee stock purchase plan activity for our employee participants and non-employee Directors.
Responsible for the Company’s equity share use projections and analysis, as well as development of market-based annual equity award guidelines and participation criteria.
Participate in the management of the equity grant nomination and award process to ensure compliance with legal and plan requirements; provide guidance to equity plan administrator.
Provide research and analytical support regarding Board of Directors compensation.
Supervise the timely processing of annual retainer payments and equity awards for non-employee Directors.
Work closely and effectively with key contacts in the functional areas of legal, finance, payroll, and tax, and manage frequent interaction with external consultants/advisors.
Responsible for addressing/resolving ad-hoc issues or requests from the senior executive team and the Board of Directors. In addition, liaise with personal tax and financial counselors for the senior executives and Board of Directors to facilitate effective use of their services.
Participate on acquisition due diligence and integration teams as subject matter expert on executive compensation.
Participate in ongoing compensation initiatives, including benchmarking, ad hoc analyses, support of business issues, communications, and planning for the annual compensation cycle. In addition, participate on special project teams to support various HR initiatives. These projects may be up to 30% of this position’s responsibilities.
The requirements listed below are representative of the knowledge, skill and/or ability required for his position.
Experience: 5+ years of general experience in compensation, with minimum of 2 years in executive compensation at a global publicly traded company or compensation consulting firm specializing in executive compensation; a combination of consulting and corporate experience is strongly preferred.
Education: Requires a Bachelor’s degree from an accredited university in a related discipline (e.g., business, finance, economics, law); advanced degree preferred (e.g., MBA, JD).
Certifications:Certified Compensation Professional (CCP) and/or Certified Executive Compensation Professional (CECP) preferred.
Thorough knowledge of equity awards, SEC reporting, tax and accounting rules Demonstrated detail-oriented work ethic; proven organization skills; total commitment to accuracy and quality balanced with timeliness.
Highly motivated, with a natural affinity for developing and cultivating executive compensation subject matter expertise, and educating the broader HR team on executive pay programs
Strong analytical thinker, critical thinker.
Strong executive presence.
Demonstrated ability to team with other departments and subject matter experts to deliver collaborative and successful outcomes on complicated issues.
Advanced Skills in Excel, Power Point, Microsoft Applications, Project Management; database and report writing skills preferred.
Clear, concise, and effective verbal and written communication skills.
Presentation skills suitable for senior-level audiences.
Action-oriented; ability to multi-task, collaborate and deliver.
Highly technical skills combined with sound business acumen and keen financial and analytic ability; with deep understanding of financial and accounting impacts of executive rewards programs required.
Strong experience in financial modeling and ability to think strategically, analytically and creatively.
Organizational agility and ability to deal with ambiguity, adapt to change rapidly in time sensitive situations.
Customer-oriented with an appreciation for the unique issues involved in executive pay programs
Vacancy ID 2018-26708
Position Type Regular Full-Time
Category Human Resources