Frank Glassner Named CEO of Compensation Design Group

NEW YORK, NY - January 22, 2002 - Frank Glassner was recently named CEO of the Compensation Design Group, an international compensation and benefits consulting firm headquartered in New York, with offices in Chicago and San Francisco.

Glassner, a 26-year executive compensation veteran, founded Compensation Design Group in 1991 in San Francisco. In 1998, he stepped down as CEO and embarked on a long-term client engagement.

"It feels great to be back in the driver's seat," said Glassner. "With so many exciting and unpredictable developments in our nation's economy, it's the perfect time to lead the firm in designing cutting-edge compensation and benefit programs for some of the world's major companies."

Prior to establishing the Compensation Design Group in 1991, he was the National Director of the Deloitte & Touche Strategic Rewards Practice, and led the Western U.S./Asia-Pacific compensation consulting practice for KPMG Peat Marwick.

"I originally founded the Compensation Design Group because I wanted to combine a drive for matchless excellence and professionalism, with profound respect and
appreciation for our clients," said Glassner. "With this philosophy in mind, our firm has earned the distinction of having many prestigious international companies among our growing client list."

Glassner said that the key to success for the Compensation Design Group is its ability to offer the award-winning levels of professionalism and expertise of a large firm, while delivering its services at a lower cost.

The Compensation Design Group is an internationally recognized firm that focuses on delivering cost effective and customized compensation, benefits and human resources programs. The company's team of experts is among the nation's top professionals in the field and is dedicated to ensuring that the client experience with the Compensation Design Group is both rewarding and profitable.