Robin Ferracone Joins Board of Directors at PayScale
Seattle - January 13th, 2010
Experienced Executive, Consultant and Investor is a Leader in Today's Talent and Compensation Performance Market
- PayScale, a leader in real-time compensation data
, today announced that Robin Ferracone has joined its Board of Directors and completed an equity investment in PayScale.
With more than 25 years of consulting experience, Ferracone has advised clients in the areas of business and talent management strategies, executive compensation, value management and performance measurement.
Ferracone is currently CEO of RAF Capital LLC and Executive Chair of Farient Advisors; and she is the founder of both firms. RAF Capital makes strategic investments in HR-related businesses, and Farient Advisors helps clients make timely, defensible and performance-enhancing decisions that are in the best interests of their shareholders.
Recently, Ferracone served as Executive Chair at Worldwide Compensation, which offers integrated global compensation management through a 100 percent on-demand software solution. Taleo Corporation, the leading provider of on-demand talent management solutions, has acquired Worldwide Compensation.
"We're very pleased that Robin has accepted our offer to join the PayScale board," says Michael Metzger, President and CEO of PayScale. "She's unique, and has unparalleled experience in today's talent and compensation performance market. Her counsel and insights will help us take PayScale to the next level."
"PayScale has an innovative approach that positions the company to fill an important gap in the market" added Ferracone. "I believe they have the right technology and right strategy at the right time, and I'm confident about where Mike and his team are headed. I look forward to joining them on this exciting and cutting-edge journey. I think we can create even more value together."
Ferracone has authored a book entitled, Fair Pay Fair Play: Aligning Executive Performance and Pay
, due to be published on April 5, 2010. In addition, Ferracone has authored numerous articles on talent and compensation performance issues, and has testified before a Congressional sub-committee in Washington, D.C. regarding the salary of the President of the United States. In 2003, she received the WorldatWork Distinguished Service Award.
From March 2005 to March 2007, Ferracone was President of the Human Capital business at Mercer. In this role, Ferracone's responsibilities included human capital consulting, software, and data services globally.
Ferracone is a member of Duke University Board of Trustees, World Presidents' Organization, and the Committee of 200.
Ferracone received an M.B.A. from the Harvard Business School, where she was a Baker Scholar. She also received a B.A. summa cum laude
in Management Science and Economics from Duke University, where she was elected to Phi Beta Kappa.
) is the leading online provider of employee compensation data
. With the world's largest database of individual compensation profiles, PayScale provides an immediate and precise snapshot of current market salaries
to employees and employers. PayScale's patent-pending, real-time profiling technology collects and indexes employee pay attributes worldwide and makes this compensation data available through its online salary tools
and salary benchmarking
reports. PayScale was founded in 2002 and is headquartered in Seattle. For more information, visit: www.payscale.com/about.asp
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