Diane Burton is a professor in the ILR School at Cornell University. Her primary appointment is in human resource studies, with courtesy appointments in organizational behavior and sociology. Prior to joining the Cornell faculty in 2009, Professor Burton was a faculty member at the MIT Sloan School of Management. She began her academic career at the Harvard Business School teaching leadership and organizational behavior. Professor Burton earned her Ph.D. in sociology at Stanford University and served as a lecturer and researcher in organizational behavior and human resources management at the Stanford Graduate School of Business.
Exploring Executive Compensation and Governance FrameworksCornell Course
Course Overview
Executive compensation is a critical component of corporate governance, designed to balance the needs of executives, organizations, and stakeholders. This course provides a foundational overview of the governance structures and decision-making processes that shape executive compensation plans in publicly traded, U.S.-based Fortune 500 companies. You will explore the core elements of executive pay packages, including base salary, performance incentives, benefits, perquisites, and contingent payments, while examining how these components align with organizational goals and stakeholder expectations.
Through this course, you will evaluate the context in which executive compensation plans are developed and implemented, assess the priorities and influence of key stakeholders, and analyze the tools and strategies used to structure executive pay. By focusing on the governance frameworks and dynamics shaping pay practices, you'll gain the skills to critically evaluate executive compensation programs and understand their implications for organizational performance and accountability.
You are required to have completed the following courses or have equivalent experience before taking this course:
- Understanding Financial Statements
- Using Ratio Analysis to Evaluate Financial Performance
Key Course Takeaways
- Discover how to design executive compensation packages effectively
- Become familiar with the rationale behind the governance and execution of executive compensation programs in public companies
- Evaluate the context in which executive compensation plans are designed and implemented
- Assess the priorities and influence of constituent parties
- Analyze executive compensation tools

How It Works
Course Authors
- Executive Compensation Fundamentals
- Military to Business in Project Management
- Military to Business in Marketing
- Board of Directors Forum at Cornell Tech
- Organizational Design
- Diversity, Equity, and Inclusion for HR
- Compensation and Benefits
- Human Resources Essentials
- Leadership Essentials
- Human Resources Management
Brian Dunn has been a lecturer at Cornell University since 2015 where he teaches courses in Executive Compensation. Mr. Dunn has a number of ongoing consulting clients and frequently serves as an expert witness on executive compensation issues. He retired as the Chairman of McLagan and the CEO of Performance, Reward & Talent for Aon Hewitt Consulting Worldwide at the end of 2015. In 2016 he served as a special advisor to the Vatican where he developed plans for a new HR function and helped create an executive development program for Vatican leaders.
Mr. Dunn currently serves on the Board of Directors of Silvercrest Asset Management where he is Chairman of the Compensation Committee and a member of the Governance and Audit Committees. He continues to be a Board Member of Spire Technologies and of the Phi Delta Theta Educational Foundation where he is chair of the Audit Committee and a member of the Investment Committee. He is also a member of the Board of Directors for Sullivan & Cotter, a private health care consulting firm. Before his retirement, Mr. Dunn specialized in incentive and executive compensation where he helped companies and their boards design and implement short and long-term incentive plans for executives and advised Boards on levels and forms of Directors compensation. Mr. Dunn has worked with dozens of private firms, helping develop partnership and phantom equity plans as well as assisting in creating compensation packages for newly hired executives. Mr. Dunn received a B.S. degree summa cum laude from the New York State School of Industrial and Labor Relations at Cornell University in 1977 and an M.B.A. with highest honors from the Cornell University Graduate School of Management in 1981.
Mr. Lowman has more than 30 years of experience consulting with companies across a range of industries in the areas of executive compensation, total reward strategy, performance management and leadership.
He provided testimony to the House Committee for Government Oversight and Reform on the independence of executive compensation, provided counsel to the SEC and met with staff members of the Senate Banking Committee to advise on the rules governing the use and disclosure of board advisors on executive compensation matters.
Mr. Lowman co-authored Closing the Engagement Gap, a book focused on how companies can drive higher levels of employee engagement to improve business performance. He was named one of the World’s Top 25 consultants by Consulting Magazine.
Mr. Lowman received a B.A. in English from Randolph-Macon College, and an M.B.A. in Finance from the Raymond A. Mason School of Business at the College of William and Mary in Virginia.

Diane Burton is a professor in the ILR School at Cornell University. Her primary appointment is in human resource studies, with courtesy appointments in organizational behavior and sociology. Prior to joining the Cornell faculty in 2009, Professor Burton was a faculty member at the MIT Sloan School of Management. She began her academic career at the Harvard Business School teaching leadership and organizational behavior. Professor Burton earned her Ph.D. in sociology at Stanford University and served as a lecturer and researcher in organizational behavior and human resources management at the Stanford Graduate School of Business.
- Executive Compensation Fundamentals
- Military to Business in Project Management
- Military to Business in Marketing
- Board of Directors Forum at Cornell Tech
- Organizational Design
- Diversity, Equity, and Inclusion for HR
- Compensation and Benefits
- Human Resources Essentials
- Leadership Essentials
- Human Resources Management

Brian Dunn has been a lecturer at Cornell University since 2015 where he teaches courses in Executive Compensation. Mr. Dunn has a number of ongoing consulting clients and frequently serves as an expert witness on executive compensation issues. He retired as the Chairman of McLagan and the CEO of Performance, Reward & Talent for Aon Hewitt Consulting Worldwide at the end of 2015. In 2016 he served as a special advisor to the Vatican where he developed plans for a new HR function and helped create an executive development program for Vatican leaders.
Mr. Dunn currently serves on the Board of Directors of Silvercrest Asset Management where he is Chairman of the Compensation Committee and a member of the Governance and Audit Committees. He continues to be a Board Member of Spire Technologies and of the Phi Delta Theta Educational Foundation where he is chair of the Audit Committee and a member of the Investment Committee. He is also a member of the Board of Directors for Sullivan & Cotter, a private health care consulting firm. Before his retirement, Mr. Dunn specialized in incentive and executive compensation where he helped companies and their boards design and implement short and long-term incentive plans for executives and advised Boards on levels and forms of Directors compensation. Mr. Dunn has worked with dozens of private firms, helping develop partnership and phantom equity plans as well as assisting in creating compensation packages for newly hired executives. Mr. Dunn received a B.S. degree summa cum laude from the New York State School of Industrial and Labor Relations at Cornell University in 1977 and an M.B.A. with highest honors from the Cornell University Graduate School of Management in 1981.

Mr. Lowman has more than 30 years of experience consulting with companies across a range of industries in the areas of executive compensation, total reward strategy, performance management and leadership.
He provided testimony to the House Committee for Government Oversight and Reform on the independence of executive compensation, provided counsel to the SEC and met with staff members of the Senate Banking Committee to advise on the rules governing the use and disclosure of board advisors on executive compensation matters.
Mr. Lowman co-authored Closing the Engagement Gap, a book focused on how companies can drive higher levels of employee engagement to improve business performance. He was named one of the World’s Top 25 consultants by Consulting Magazine.
Mr. Lowman received a B.A. in English from Randolph-Macon College, and an M.B.A. in Finance from the Raymond A. Mason School of Business at the College of William and Mary in Virginia.
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Who Should Enroll
- Compensation analyst
- Total rewards specialist
- HR business partner
- Compensation and benefits manager
- HR consultants
- Organizational design specialists
- Executive coaches
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