The Center on Executive Compensation, a research and advocacy organization that seeks to provide a principles-based approach to executive compensation policy from the perspective of the senior human resource officers of leading companies, has appionted Richard Floersch as senior strategic advisor.

In this new capacity, Floersch will focus on providing his valuable experience and perspective to help shape the Center’s program of work and education initiatives, representing the Center at conferences involving chief human resource officers (CHROs) and corporate board members, helping conduct CHRO and board briefings, and otherwise providing strategic guidance to members of the Center and HR Policy Association.

The Center is a division of HR Policy Association, which represents the chief human resource officers of over 360 large companies, more than 120 of which are Center subscribing companies represent a broad cross-section of industries.

Floersch served as chief human resources officer of McDonald`s, for over a decade, leading the company’s commitment to its people during a critical and successful period for the company. Mr. Floersch and his global team led programs critical for retention, development and cultivating the next generation of McDonald`s leaders. He also oversaw the resources and opportunities offered to employees at company-owned restaurants to help them reach their personal and professional goals.  

In addition to his 12 years with McDonald`s, Floersch served as senior vice president of human resources for Kraft Foods International from 1998 to 2003. Previously, he was vice president of corporate compensation at Philip Morris.