On June 13, 2022, Tom Hutton presented, together with a professional from NFP Executive Benefits, at the 132nd Annual Meeting of the Tennessee Bankers Association. The presentation reviewed common elements of an effective executive compensation program and focused on using employment agreements, change in control agreements, deferred compensation arrangements, and life insurance arrangements to attract and retain management-level employees. The presentation discussed not only the general design of these arrangements, but the importance of coordinating arrangements with one another in order to avoid unintended consequences, as well as the funding of these arrangements and how these arrangements work in mergers and acquisitions.