UNH Center For Family Business
Looks At Top Compensation Plans And Quality Control
Contact: Lori Wright
UNH Media Relations
Nov. 17, 2004
DURHAM, N.H. – The Center for Family Business at the University
of New Hampshire will take a close look at compensation plans and
the quality control tool Sigma Six Wednesday, Dec. 1, 2004.
The half-day event will be held at the UNH Elliott Alumni Center.
Registration and a continental breakfast begin at 8 a.m., with the
program starting at 8:30 a.m. Those interested in attending the
business program are asked to register by Monday, Nov. 29.
The first part of the program is titled “Compensation Plans
That Really Work: Understanding Compensation Planning and the Right
Plan for You.” Tim Hepburn and Drew Cheney from the accounting
firm of Baker, Newman, and Noyes, LLC will lead a thorough discussion
of compensation tools, including a variety of nonqualified deferred
compensation plans as well as qualified retirement plan vehicles
and what fits where. Topics to be discussed include issues with
multigeneration compensation, compensation of key nonfamily executives,
and exit strategies and post retirement compensation.
The second half of the family business event will focus on “What
is Six Sigma? How do you achieve it? What are its benefits?”
Six Sigma is a zero-variation quality tool that was used by Jack
Welch to transform General Electric into one of the world’s
most effective and profitable companies. Steve Westra and Tony Pema
of Pierce Atwood Consulting will lead the discussion about Sigma
The center, under UNH’s Whittemore School of Business and
Economics and the UNH Graduate School, is sponsored by Mass Mutual
Financial Group, Genus Resources, Baker Newman & Noyes, Pierce
Atwood, MPI Management Planning, Inc., and Ocean National Bank.
It is a membership program to provide owners and managers of entrepreneurial
businesses with an opportunity to exchange ideas and information
and to discuss business challenges, concerns, and solutions.
Future programs focus on Stockholder Buy-Sell Agreements (Feb. 9),
Evaluating Business Planning (March 30), and Managing Change (May
Nonmembers of the Center for Family Business can attend the program
on a one-time trial basis for $125 per person or $250 per family.
To register or for more information contact Barbara Draper at (603)
862-1107 or Barbara.Draper@unh.edu.