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Mr. Leone is a Principal in the Minneapolis office of McLagan’s Corporate and Consumer Banking Consulting Practice. An expert in all aspects of compensation, he specializes in addressing complex compensation issues found in larger financial institutions across the country.  Todd personally directs all aspects of client engagements to assure that every element of total compensation is aligned with the organization’s strategic goals and is properly balanced for safety and soundness.  He also serves as an advisor to compensation committees on multiple compensation and benefits issues, including taxation, regulatory compliance and compensation agreement provisions.

Todd has over twenty years of experience in the financial services industry.  Prior to joining McLagan, he was the co-founder of Amalfi Consulting. He was also a Principal with the Bank Compensation Consulting Practice of Clark Consulting.

Todd has managed all aspects of compensation consulting on behalf of his clients, including developing overall compensation strategies, structuring salary programs, designing annual and long-term incentive compensation plans, and board remuneration. He has extensive experience designing nonqualified pension and deferred compensation plans, employment agreements, and change-in-control analyses.  He has worked closely with the Treasury and other regulatory bodies on behalf of the firm’s clients to gain insight into how new regulations apply to specific client situations.

In a recent assignment, Todd helped a $4 billion bank which represents the United States presence of a foreign-owned institution.  The bank needed assistance to ensure overall compliance with the Sound Incentive Compensation Policies and also to determine appropriate market-based pay for their commercial business lines.  Todd developed the incentive plan audit processes to comply with the regulatory requirements. He also developed a custom market pay instrument to ensure proper benchmarking of the employee group.

In another engagement, Todd advised an $11 billion bank on a redesign of its executive annual and long-term incentive plans. In addition, the director compensation package was updated to include industry best practices.

A frequent author and seminar presenter, Todd is widely recognized in industry publications and conferences, including the American Bankers Association, Bank Director, Southwestern Graduate School of Banking, Institute of International Bankers, as well as at various state and privately-sponsored industry conferences.  He helped pioneer and develop the Bank Executive & Board Compensation Conference with Bank Director---a national conference focused exclusively on the needs of banks.

Todd is a graduate of the University of Minnesota – Institute of Technology, where he earned a bachelor’s degree in mathematics and statistics.

Recent articles and media engagements:

Bank Director Magazines' - Compensation's New Normal

Web Video - Todd Leone Talks with Bank Director Magazine