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Our client is an independent corporate governance and executive compensation consultancy that advises businesses on the design of compensation programs for leaders. Ever since it became a requirement in the U.S. to disclose executive compensation, executive pay has become a hot-button topic for corporate boards as they face investor scrutiny. Our client saw an opportunity…

THE PROBLEM A major pharmaceutical firm came to Stern with a distinct set of challenges: Four department leaders were tasked with merging their teams into one group and they were looking for an outside advisor to facilitate what they saw as a multi-stage transition. Their primary goal was to create a culture of innovation. But…

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