Compensation Advisory Partners opens Seattle location
Compensation Advisory Partners (CAP), a national consulting firm focusing on executive and director compensation, has expanded into the Pacific Northwest with a new office in Seattle.
The office is CAP’s fifth, joining locations in New York, Chicago, Houston, and Los Angeles. The new office is located at 500 108th Avenue NE in the Seattle suburb of Bellevue.
The office will be led by principals Roman Beleuta and Kyle Eastman, who have relocated from CAP’s New York headquarters.
“This new office location will support the servicing of our growing West Coast business, and specifically the growing number of public companies based in the Pacific Northwest metros in and around Seattle and Portland,” Beleuta said.
“In the last three years, we’ve seen the number of companies listed on the NYSE and Nasdaq in the region grow by more than 25 percent,” he added. “We’re also seeing a large need among private and family-owned businesses as they seek to formalize executive compensation programs ahead of liquidity events such as M&A, IPOs, and generational transitions.”
Founded in 2009, CAP provides consulting services in board director compensation benchmarking and design, executive transitions and strategic transactions, and pay and financial performance alignment. The firm works with public companies, including Fortune 100s, as well as private firms, family-owned businesses, and non-profits.
CAP has 40 employees.
“In today’s boardrooms, Compensation Committees need independent advice related to executive and director compensation strategy and program design that’s grounded in sound corporate governance principles,” said Eastman. “In addition to supporting corporate boards and management teams in the region, having formal office space in Seattle will also allow us to add additional team members on the West Coast, tapping into a great pool of talent in metro Seattle.”