You are on page 1of 2

TED JARVIS 1220 "N" Street, NW #2-B Washington, DC 20005 Home: 202.842.1121 Cell: 202.604.

7434 CAREER SUMMARY Senior Compensation Executive with 16 years of progressive responsibility in tax, accounting, securities law, valuation, incentive plan design, and database creation. Expertise in all aspects of executive compensation and all major industries, with additional experience in global compensation, sales compensation, broad-based compensation, and benefits. Seeks to contribute this experience in a corporate environment as top Compensation Officer. CLIENT EXPERIENCE Specialties: Executive compensation, directors' compensation, SEC proxy disclosure requirements, market pricing, short- and long-term incentive design, share utilization, TARP legislation, mergers & acquisitions (including due diligence and IRC 280G tax issues), performance measurement, FAS 123(R) (ASC-718) and IFRS-2 laws, underwater option swaps, shareholder rights issues Industry Experience: Raw materials, agriculture and construction; manufacturing; finance, insurance and real estate; retail; transportation; utilities; high-tech; IPOs and private companies CORE COMPETENCIES "Consultant to Consultants:" Advised senior Executive Compensation consultants on technical issues pertaining to executive compensation (tax, accounting, securities law); managed significant client engagements in all major industries Intellectual Capital Developer: Designed and built analytic models that enabled Towers Watson to consult in specialized areas of equity valuation, parachute estimates, and tally sheets (>$5 million in firm's annual billings) Database Manager: Negotiated contracts and managed relationships with thirdparty database vendors (Equilar, Standard & Poor's), developed Excel interfaces and specialized analyses for use with these databases Mentor: Designed and taught internal courses on business acumen, short- and long-term incentive plan design, technical issues, professional standards Media Spokesperson: Consulted and quoted in public press on issues of executive compensation Internal Advisor to Senior Management: As one of Towers Watson's "Professional Standards Officers," audited offices' consulting practices world-wide, drove consensus on client disputes, developed protocols and processes for conducting client engagements in the Executive Compensation practice LANGUAGES Reading knowledge of: German, French, Italian

PROFESSIONAL EXPERIENCE Towers Watson (1994 - 2010) Principal (San Francisco, CA, 2004 - 2007; Washington, DC, 2007 - 2010) Consultant (Valhalla, NY, 1994 - 2007; Los Angeles, CA, 2007 - 2007) . One of two consultants in the history of the Executive Compensation practice to be elected Principal without a sales portfolio . Recipient of special recognition award for assistance with firm-wide implementation of Oracle financial reporting system . Strategic management role in integrating and developing analytic tools and templates for the Executive Compensation practice following the merger of Towers Perrin and Watson Wyatt McKinsey & Company (1992 - 1994) Research Consultant (New York, NY) . Supported client teams with corporate finance, accounting and statistical expertise . Key projects: restructuring of a major integrated oil company; incentive plan design for a diversified financial services company; profitability analysis of the pharmaceutical industry Bernhard Management Corporation (1987 - 1990) Assistant Portfolio Manager (New York, NY) . Prepared quarterly reports of portfolio performance . Series 7 / Series 63 trader MANAGEMENT OF RECENT PROJECTS Merger Due Diligence: Managed consulting teams in integration of two large petrochemical companies, two large forest products companies, two large financial services companies. Outcome: Systematic identification of existing liabilities, rationalization of plans for the succeeding entities Incentive Design: Created short- and long-term plans for over 50 companies, including cost-benefit analysis and target setting for initial award cycle. Outcome: Practical, affordable plans emphasizing pay-for-performance SEC Reporting: Drafted CD&A, prepared tabular disclosure for over 50 proxy statements. Outcome: Reconciled contradictions and clarified ambiguities in key disclosures Equity Valuation: Estimated equity values for accounting purposes at over 25 companies. Outcome: ASC-718 conforming values for all equity awards, using rigorously developed assumptions and state-of-the-art valuation methodologies Expert Testimony: Co-authored opinion letters to support litigation and bankruptcy cases. Outcome: Facilitated resolution of critical court cases EDUCATION University of Chicago: MBA [specialization in Accounting]; Dean's List University of Vienna: Fulbright fellowship New York University: BA [cum laude]; Dean's List, Brody Prize, Voorhees Prize, Founders' Day Award