Director, Executive Compensation (North Carolina)

Reposted 2 Days Ago
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Durham, NC, USA
In-Office
165K-190K Annually
Senior level
Biotech
The Role
The Director of Executive Compensation designs and implements compensation programs for executives and oversees regulatory compliance and program communications. Responsibilities include strategy formulation, collaboration with internal teams, benchmarking, and team management.
Summary Generated by Built In

Job Overview:

The Director, Executive Compensation will own the strategy, design, and implementation of executive compensation programs, including base pay, short-term incentive programs, long-term incentive structures. This position is responsible for the design and implementation of compensation programs for the top executives, the Board of Directors, and all short- and long-term incentive participants globally. Acts as a subject matter expert with Business Leaders, HR Business Partners, Finance, Legal and consulting partners across multiple teams.

Summary of Responsibilities:

  • Provide technical expertise on executive compensation strategy, design, policies, procedures, regulations, and compliance.

  • Lead, influence, and collaborate with HR and business partners to shape our executive compensation programs to drive long-term sustainable growth.

  • Prepare and coordinates agenda, materials, and planning for presentations to the CEO, CHRO, and the Compensation Committee of the Board of Directors.

  • Collaborate with Legal, Accounting, Tax, Audit, regional Total Rewards, and the

  • Compensation Committee’s independent consultant.

  • Manage year-end, new hire, and separation-related compensation processes administration for senior executives including benchmarking compensation levels with peer organizations.

  • Prepare the Compensation Discussion & Analysis and compensation tables for the proxy statement and analyses related to other public filings in partnership with internal and external partners.

  • Manage the stock administration and nonqualified deferred compensation programs as well as the vendor relationship with Fidelity.

  • Monitor developments in executive compensation regulations such as ISS and Glass Lewis, disclosure, and shareholder voting.

  • Develop communications to ensure plan participants understand programs.

  • Conduct due diligence for mergers and acquisitions or other corporate transactions.

  • Manage a team of 1 resource focused on equity administration and executive compensation.

  • Assist the compensation and sales teams in other analyses, calculations, year-end planning and projects as needed.

  • All other duties as needed or assigned.

Qualifications (Minimum Required):

  • Expertise in the design and administration of incentive compensation programs including short- and long-term as well as equity programs.

  • Managing multiple projects with competing demands in a fast-paced, changing environment.

  • Outstanding written and verbal communications skills.

  • Concisely summarizing complex topics for senior leaders.

  • Communicating with individuals at all levels of the organization and maintaining professional composure.

  • Respectfully questioning or challenging the status quo or other proposals under consideration.

  • Excellent analytical, critical thinking and problem-solving skills.

  • Systematically breaking down complex problems into component parts.

  • Creating and delivering high quality work with attention to detail.

  • Strong business and financial acumen.

  • Partnering with other groups including the Board of Directors/Compensation Committee, HR, Finance, Tax and Legal departments.

  • Quickly building relationships, gaining credibility, and partnering with leaders across the organization.

  • Influencing outcomes when others are directly accountable.

  • Experience using compensation and HR Systems (Workday, Fidelity, Willis Towers Watson, Equilar, Diligent, ServiceNow etc.).

  • Knowledge of federal and state regulations as well as legislation that impacts executive total rewards programs.

  • Fortrea may consider relevant and equivalent experience in lieu of educational requirements.

Experience (Minimum Required):

  • Bachelor’s Degree. Fortrea may consider equivalent experience in lieu of degree requirements.

  • Minimum of 6 years of functional experience in designing and managing executive and equity compensation programs on a global basis with a publicly traded organization.

  • Minimum of 3 years of people management experience.

Pay Range: $165,000-$190,000 (The range does not include benefits, and if applicable, bonus, commission, or equity)

Benefits: All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), and Company bonus where applicable. For more detailed information, please click here.

Work Environment:

  • Work is performed in an office environment with exposure to electrical office equipment.

  • This role requires candidates to reside within a commutable distance of our Durham, NC headquarters and to be able to visit the location on an as‑needed basis.

Physical Requirements:

  • Frequently stationary for 6-8 hours per day.

  • Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists.

  • Ability to access and use a variety of computer software developed both in-house and off-the-shelf.

  • Light to moderate lifting and carrying, or moving of objects, including luggage and laptop computer with a maximum lift of 15-20 lbs.

Application Deadline: May 5, 2026

#LI-LL1

Learn more about our EEO & Accommodations request here.

Skills Required

  • Expertise in designing and administering incentive compensation programs, including equity programs
  • Managing multiple projects in a fast-paced environment
  • Outstanding written and verbal communication skills
  • Excellent analytical, critical thinking, and problem-solving skills
  • Experience using compensation and HR systems
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The Company
HQ: Research Triangle Park, NC
10,811 Employees

What We Do

Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development and patient access solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients in need. Fortrea provides phase I-IV clinical trial management, clinical pharmacology, differentiated technology-enabled trial solutions and post-approval services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com.

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