1. Michael E. Churchill
1304 Yardley Morrisville Road, Yardley, PA 19067
Home: (267) 799-5397; Cell: (267) 980-7171
E-mail: mechurchill@comcast.net
EXPERIENCE:
Covance Inc., Princeton, NJ 02/14-Present
Acquired by LabCorp November 2014
Senior Manager, Sales & Executive Compensation
Responsible for designing and administering all sales incentive compensation plans, and variable pay plans.
Manage and monitor sales goal achievement-based accruals.
Conduct research and analysis on compensation proposals regarding sales plan design and other compensation trends.
Research and assess market prevalence and trends regarding variable pay programs, and executive compensation design
Conduct research and analysis on compensation proposals such as bonus plan costing and other compensation trends.
Support overall program management and administration of executive compensation and benefits.
Provide support as needed regarding preparation of Compensation Committee meeting materials.
Manage and monitor executive equity ownership guideline achievement.
Support the calculation and data management of management deferral process and accruals.
Evaluate executive job roles for all of Covance, recommending appropriate pay grade.
Provide support regarding recommendation of new hire and internal executive offer packages.
Research and provide analysis on compensation proposals such as retention plans, equity modeling and other trends.
Provide analytical support regarding ad hoc research and other related variable pay projects as identified by management.
Janssen Pharmaceuticals, Horsham, PA 08/11-02/14
A division of Johnson & Johnson
Senior Manager, Incentive Compensation
Responsible for designing, and administering all sales incentive compensation plans, recognition programs, and contests.
Advised, recommended, and implemented incentive compensation strategies, and plan design improvements consistent with
current compensation trends, industry and functional best practices, and corporate business objectives.
Implemented strategies that provide an effective platform to attract, retain, and motivate world class sales talent.
Developed and fostered collaborative relationships and partnerships with leaders at all levels within the organization.
Responsible for managing and developing a team of Compensation Analysts and managing strategic vendor relationships
to ensure accuracy, timely delivery, and effective management of compensation processing.
Prepared all incentive plan presentations for executive approval.
Developed and administer all incentive field based communication plans ensuring a clear understanding of the incentive plans.
Monitored quarterly incentive compensation payouts thus ensuring payouts remain within budgetary constraints.
Trained all newly hired sales representatives and managers concerning the sales incentive compensation plans.
Cephalon Pharmaceuticals, Frazer, PA 10/10-08/11
Acquired by Teva Pharmaceuticals May 2011
Manager, Bonus Planning & Modeling
Developed incentive plans for all specialty sales forces and contracted Primary Care sales forces .
Managed incentive planning process ensuring incentives plans are aligned with coprorate business strategies and objectives.
Prepared all incentive plan presentations for executive approval.
Created mathematical models for each incentive plan to ensure alignment of territory goals with corporate expectations,
analyzing sensitivity for high and low goal attainment and quotas across different size territories .
Managed formal review of incentive plan results with Sales and Marketing leadership team.
Worked with Finance and Forecasting Departments to ensure corporate goals are the basis for each incentive plan.
Developed and perform standard quality control procedures, and responsible for change management of existing monthly
sales reports to provide field sales force with all incentive compensation metrics.
Completed all ad-hoc analysis as requested by senior management.
2. Dey Pharma L.P., Basking Ridge, NJ 10/09-10/10
A subsidiary of Mylan Pharmaceuticals, Inc.
Manager, Incentive Compensation
Designed, communicated, and administered the quarterly sales incentive compensation plans and sales contests
Calculated quarterly incentive compensation payouts, and process the quarterly incentive payroll file.
Processed the monthly IC scorecard input feed, and oversee vendor (ZS Associates) responsible for processing the monthly
IC scorecards as communicated to the field.
Oversaw the Incentive Compensation Governance Board including administration of the semi -annual board meetings.
Trained all newly hired sales representatives and managers concerning the sales incentive compensation plans.
Worked closely with senior management on sales compensation strategy and design.
Managed and administered the On-the Spot and Annual Awards & Recognition Programs.
Projected the quarterly commissions and communicate projections to finance for payroll accrual purposes.
Oversaw the quarterly goal setting methodology and processing of the quarterly TRx goals .
Oscient Pharmaceuticals, Skillman, NJ 11/07-07/09
Company discontinued all direct selling efforts effective 06/12/09 due to the filing of Chapter 11 bankruptcy
Manager, Incentive Compensation
Designed, communicated, and administered the monthly sales incentive compensation plans and contests .
Planned and ran the annual incentive compensation field focus panel meetings.
Trained all sales representatives and sales managers.
Calculated monthly incentive compensation payouts, and processed the monthly incentive payroll file .
Managed the sales web portal containing all incentive compensation reports, sales contests, and award standings.
Completed presentations at all national sales meetings and regional POA meetings .
Managed vendor responsible for producing monthly sales incentive compensation reports.
Completed all ad-hoc analysis as requested by senior management.
Kos Pharmaceuticals, Cranbury, NJ 07/05-06/07
Acquired by Abbott Pharmaceuticals January 2007
Manager, Sales Compensation
Designed, implemented, and ran the sales incentive compensation plans, sales contests, and stock awards for three separate
sales forces consisting of more than 700 sales representatives and district managers.
Worked closely with senior management on sales compensation strategy and plan design.
Trained all sales representatives and district managers concerning the various incentive plans.
Communicated all incentive compensation plans and changes to those plans to field sales personnel.
Managed vendor responsible for processing monthly IC plan calculations, sales contests and sales awards
Insured ongoing compliance with all Sarbanes Oxley requirements.
Hired, trained, and supervised two compensation analysts responsible for monthly IC calculations and all incentive related
ad-hoc analysis.
Managed the sales web portal containing all incentive compensation reports, contests, and award standings .
Provided all internal clients with outstanding customer services and sales support.
Education:
Rider University, Lawrenceville, NJ
Master of Business Administration 1996
Bachelor of Business Administration 1989 (Magna Cum Laude) Major: Human Resource Management
Technical Skills:
Proficient in all Microsoft Office applications including Microsoft Excel, Access, Word, and PowerPoint
Proficient in PeopleSoft, Pay Planner, Mercer-Prism and other human resource applications.