Hay Group appoints new director of executive reward for Europe and the Middle East
24/05/2011
Hay Group, the global management consultancy, has appointed Carl Sjostrom as director of executive reward for Europe and the Middle East.


Fuente:  http://www.consultant-news.com  Fecha: 24.5.2011

Hay Group appoints new director of executive reward for Europe and the Middle East

Based in London, UK, Sjostrom will work with Hay Group’s 26 executive reward practices across Europe to build relations with remuneration committees, and further strengthen the company's executive reward consultancy offering to corporate boards and not-for-profit organisations.

Sjostrom joins Hay Group from Ericsson in Stockholm, Sweden, where he spent the last three years as vice president, compensation & benefits, building on more than 15 years of consulting experience in this field. Prior to Ericsson, Sjostrom was a partner in the executive compensation practices at KPMG and Deloitte (then Deloitte & Touche), manager of executive compensation at Arthur Andersen, and he began his career as a management consultant in financial services compensation at McLagan Partners across the UK, Hong Kong and the US.

Hay Group’s executive reward consultants work with compensation committees and senior management teams across all sectors, helping them attract and retain top talent in the face of increased public and shareholder scrutiny of executive pay.

Sjostrom commented: “Executive remuneration is an increasingly debated issue across Europe and the Middle East and is critical to employee engagement and business success.

“Hay Group is ideally positioned to help companies address this, as an independent firm with the geographical reach and insight of larger consultancies.

“I am very excited to be at Hay Group. The company has built its success on integrity and innovation, which are key ingredients of an effective reward advisory practice for the modern business.”

Israel Berman, managing director Europe at Hay Group, commented: “We are delighted to have Carl on board. He is a true asset to our company, with a breadth and quality of experience that will complement Hay Group’s existing regional and sector insight.”