Our mission is to be a trusted advisor to the financial industry. We deliver superior education and services to ensure directors, executives and shareholders have a thorough understanding of the most relevant compensation practices.
Our firm specializes in providing compensation solutions for financial institutions. We keep our focus on a limited number of engagements which enables us to develop the most thorough understanding of our client’s objectives. This approach provides the foundation to properly educate directors, executives and shareholders on efficient and effective compensation solutions.
Our Vision: MCCA will be the premier compensation advisory firm in our market due to our dedication to excellence.
Founded in 2004, Meyer-Chatfield Compensation Advisors (MCCA) has since devoted our services to assisting bank directors and executives with all aspects of compensation. Our principals possess over fifty years of compensation experience at the community bank level and leverage that experience to design and implement relevant, innovative solutions, specific to current regulatory environments. Having worked with over six hundred financial institutions, we have the knowledge and expertise to navigate the obstacles associated with compensation practices.
William Flynt Gallagher
Flynt Gallagher heads Meyer-Chatfield Compensation Advisors. Mr. Gallagher brings considerable experience and expertise to his role of providing MCCA’s clients with comprehensive and effective support. He combines extensive knowledge of accounting and income-tax matters related to community banks with years of employment within the financial services industry. He has also operated his own consulting firm and has over ten years of experience at the manager and partner level in the field of public accounting.
Previously, Mr. Gallagher served as Vice President and Tax Manager of First Union National Bank (now Wachovia) and Florida National Bank. In this capacity, he reviewed and developed compensation plans focused on retaining current and future wealth for executives of both large and community banks. Mr. Gallagher also worked with key clients of these banks on compensation, wealth management, income-tax and related IRS issues. Subsequently, Mr. Gallagher began offering these services to the banking community at large and he has been improving and refining these skills ever since.
Mr. Gallagher helps financial institution clients attract, motivate and retain personnel critical to the success of their institutions, primarily through the proper design and use of performance-based compensation plans—i.e. cash incentive plans, equity allocation plans and even performance-based deferred compensation plans. Hallmarks of his plan designs are ease of administration, quantifiable performance and competitive awards.
Vice President of Business Development
Mr. Joseph (JR) Llewellyn works with community banks in all aspects of executive and director compensation, to include executive and director compensation reviews, incentive-plan design, equity allocation plans, nonqualified deferred compensation plans, salary continuation plans (SERPs), 280G reviews (excess parachute payments), agreement reviews (employment, non-compete, change-in-control), in addition to director compensation.
Prior to joining MCCA in 2006, he worked with Morgan Stanley (retail) following a five year professional golf career. He graduated from Strayer University with a BBA in Banking and remains active with his Series 7, 66 and insurance licensing.
Mark L. Sollenberger
Senior Compensation Consultant
With a wealth of banking and financial services experience, Mark Sollenberger serves as Senior Compensation Consultant at Meyer-Chatfield Compensation Advisors. Mark spent over 25 years accumulating experience in the banking industry, rising to the position of CFO and Executive Vice President, followed by 8 years working in the financial sector with emphasis in the areas of Bank Owned Life Insurance and compensation.
As a bank executive, CFO, and a member of the senior management team, Mark’s responsibilities included strategic-planning, mergers and acquisitions, investor relations, and the analysis and development of new business lines within the organization. He was very active in the administration and management of the company’s executive compensation plans.
Mark’s focus is on building relationships with our bank clients and introducing and coordinating the implementation of compensation services. A graduate of Shippensburg University, with a degree in Business Administration – Accounting, he received his MBA from the Indiana University of Pennsylvania. Mark continues to hold Series 7, 63, and insurance licenses.