BNET Industries
Last Fiscal Year Sales:$74.7M
- Private
- US
Dow Jones Description
Executive Compensation & Benefit Program Services
Senior Vice President
Kevin W. WernickNumber of Employees 930
Contact Information
333 W Wacker Dr Ste 810
Chicago, Illinois 60606
(312) 697-3450
Peer Companies
NAICS Code Insurance Agencies and Brokerages: 524210
News & Analysis
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clark consulting and sales - All News and Analysis
Governing Executive Compensation: Demystifying the Board's Role
Most boards of not-for-profit health care organizations are concerned about their executive compensation programs. Some members think that pay levels are too high. Some think the incentive plan rewards the wrong results. Many think the program is too complicated. They're more concerned than ever now, because of the uproar over...
Long-Term Incentive Plans: "State of the Art" Designs for Health Care Organizations
Executive compensation in the health care industry has evolved significantly over the past five to ten years. Annual incentive plans and supplemental executive benefits have become virtually universal as organizations seek to align pay with performance and enhance retention. Annual incentive plans have proven to be effective in motivating executives...
Incentive Plan 'Circuit Breakers' Make Sense
Hospitals and health systems, hurting from significant funding cuts by government-sponsored health care programs, are re-thinking their executive and physician incentive award programs. Financial "triggers" or "circuit breakers," are sensible devices that prevent award payments when they could be embarrassing. While they are meant as safeguards to prevent award payments...
Incentive Plans
This article says that annual and long-term incentive plans have grown increasingly common in the health care industry. There are a number of reasons why Boards of hospitals and health care systems decide to provide incentive pay for executives and directors. The most common are to attract, retain and motivate...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kevin W. Wernick | Senior Vice President |
| Erika Berglund | Vice President |
| Bill Myrthil | |
| Ed McGaughey | Army Veteran |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| L. William Seidman | Board of Directors |
| W.T. Wamberg | Board of Directors |
Kevin M. Wernick is a Senior Vice President of Clark Consulting s Executive Benefits Practice. He works with large public and private corporations to design, fund, implement and administer cutting-edge nonqualified executive benefit plans, which corporations use to attract, retain and motivate executive talent. Prior to joining Clark Consulting, Mr. Wernick was an attorney with the law firm of O Melveny & Myers LLP where he specialized in labor, employment and employee benefits law. Mr. Wernick graduated with honors from Stanford University with a degree in political science. He is also a graduate of the UCLA School of Law where he was a member of the Order of the Coif.
| Organization | Position | Status |
|---|---|---|
| Clark Consulting | Senior Vice President | Current |
| Executive Compensation | Senior Vice President, Clark Consulting | Current |
| O'Melveny & Myers LLP | Former | |
| Stanford University | Former |
| Organization | Position | Status |
|---|---|---|
| Clark Consulting | Vice President | Current |
| Hostedware Corporation, Inc | Board of Directors | Current |
| American Society for Training & Development | Board of Directors | Current |
| Society for Human Resource Management | Board of Directors | Current |
| American Society for Training & Development | Member | Current |
| Society for Human Resource Management | Member | Current |
| University of Virginia | Former |
Bill C. Myrthil is the Assistant Vice President of Plan Services of The Nolan Financial Group. He has the overall responsibility for the strategic direction of the firm's Executive Benefits Record-keeping services provided to many of the largest corporations in the United States. Throughout his career, Mr. Myrthil has designed or administered executive benefit plans for many Fortune 500 Companies, private institutions, as well as several non-profit hospitals and educational institutions. After spending many years in senior client management, sales and consulting positions at Equico Securities, Equitable Life and Assurance Company, Clark Consulting (formerly Clark-Bardes/Clark-Bardes Securities), and Schoenke & Associates, he is a leader in the development of technological requirements and implementation of non-qualified financial record-keeping systems. Mr. Myrthil is a graduate of Howard University in Washington, D.C. and has been active in numerous recruitment and fundraising activities for his alma mater, among many other community service activities. As a financial services professional, he currently is a registered member of National Association of Securities Dealers.
| Organization | Position | Status |
|---|---|---|
| Clark Consulting | Current | |
| Washington Latin Public Charter School | Board of Directors | Current |
| Howard University | Former |
Ed McGaughey is Managing Director in the Houston office. He has 25 years of experience in executive and Board compensation, including extensive experience in international executive and employee compensation, compensation audits, M&A related issues, expatriate compensation and incentive plan design as well as heading a national employee pay practice. Before joining Clark Consulting in 2002, Mr. McGaughey founded Human Factors in 1986 and for 11 years served as its President and prior to that was a human resources executive in the energy industry. An Army veteran, Mr. McGaughey is a graduate of the University of Houston.
| Organization | Position | Status |
|---|---|---|
| Pearl Meyer & Partners | Managing Director In the Houston Office | Current |
| Clark Consulting | Army Veteran | Current |
| Organization | Position | Status |
|---|---|---|
| Bean Stream, Inc | Board of Directors | Current |
| Clark Consulting | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Clark Consulting | Board of Directors | Current |
| Clark Consulting | Chairman & CEO | Former |
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