GEORGE MURPHY
Garnet Valley,PA
Summary
- Significant experience collaborating with Boards of Directors and Compensation, Finance, Nomination, and Governance Committees
- Extensive experience designing and implementing executive compensation systems, including modifications to an annual incentive program, resulting in five Vendor of the Year citations
- Design strategies of innovative Benefit programs that improved health outcomes while saving firms over $250 million
- Connecting change initiatives to global Human Resource programs for quicker outcomes
- Designed global workforce differentiation strategies incorporating talent, performance, and reward management
- Developed and implemented innovative competency-based, executive, and team-oriented pay programs that enhanced productivity by at least 10%
- Outsourced strategies, streamlined global Human Resource Administration, achieving at least a 20% cost reduction while enhancing service delivery at three firms
- Led the HR team in completing over 75 global mergers and acquisitions
- Led company-wide Continuous Improvement team, saving over $150 million annually
Overview
27
27
years of professional experience
Work History
Chief Executive Officer/Founder
Murphy Strategy Group
Wilmington, DE
06.2021 - Current
- Provided interim leadership for HR and total rewards, overseeing strategic initiatives.
- Advised privately held and private equity firms on global total rewards strategies, enhancing alignment with business objectives
- Consulted with compensation committees and executives on compensation systems and programs, supporting strategic decision-making
- Consulting on global compensation, benefits, technology, operational problems, analytics, designs, and programs
- Strategic insight into how to prioritize and deploy AI in HR and Business
- Strategic insight into how to reduce benefit costs and improve health outcomes
- Coached and mentored senior-level HR executives, fostering leadership development and organizational effectiveness
- Advisor to healthcare start-ups on marketing to the HR community
HRCOO & SVP Total Rewards, HR Technology and Operations
Lincoln Financial Group
Radnor, PA
03.2010 - 06.2021
- HR Executive at a $14 billion financial firm, managed compensation, benefits, data analytics, technology, operations, payroll, continuous improvement, and M&A. Reported to the CHRO and led 95 HR professionals across four locations.
- Developed and implemented Benefits strategies that saved employees and the company over $150 million
- Led companywide Continuous Improvement team that has saved over $75 million in cost
- Elevated Compensation Committee ranking from least desirable to top tier, enhancing stakeholder confidence
- Developed Total Reward Communication Strategy that enhanced employee attraction, motivation, and retention
- Redesigned all the compensation systems, executive, base, and sales
- Executed the Performance Share plan and integrated a DEI Modifier.
- Develop and implement post-TARP/Capital Purchase Program compensation structure aligned with US Treasury regulations
- Created communications plan for 'Say on Pay' response to institutional investors, addressing key concerns
- Led HR evaluation and acquisition of Liberty Mutual Group business (2000 employees)
- Developed and implemented an integrated Career Framework system for employees
CHRO and SVP, Human Resources
Ametek
Paoli, PA
10.2007 - 03.2010
- HR Executive for $5 billion global electronics manufacturing firm. Managed all aspects of HR, including strategic planning, building organizational and employee capabilities, and ensuring effective employee relations. Reported to the CEO with 25 HR professionals in 10 locations.
- Developed and implemented workforce differentiation strategy to align HR efforts with top value-creating positions
- Implemented GHSmart hiring system, improving the quality of 20 senior-level hires
- Restructured global HR systems and procedures, enhancing compliance and improving service delivery across regions
- Led global HR acquisition effort and integration of 26 companies
- Developed and implemented HR policies to successfully open and staff offices in China and India
Executive Director Compensation and Benefits
AstraZeneca Pharmaceuticals
Wilmington, DE
11.2004 - 09.2007
- HR Executive for $30 billion Pharmaceutical business, leading the US, which was 55% of the total business. Managed compensation and benefits. Reported to VP US HR with a staff of 25 people.
- Developed and implemented benefits strategy that maintained benefits costs in 2007 while aligning with long-term business strategy and supporting major accounts marketing team
- Designed and implemented a strategy that linked talent, performance, and reward management for the critical positions and individuals in the organization
- Developed compensation and benefits communication and training strategy that elevated employee engagement survey scores above ISR's global high-performing companies grouping
- Designed and implemented global banding system for leadership positions to enhance clarity in role expectations and career progression
VP, Human Resources
The Scotts Miracle-Gro Company
Marysville, OH
08.1999 - 11.2004
- Developed and implemented 'High Involvement' benefit design strategy, enabling associates to provide recommendations while holding benefit costs increase to 0% for 2004 program
- Redesigned annual executive/management incentive plan, resulting in 5 Vendor of the Year citations
- Developed and implemented global retirement strategy, converting UK to DC pension program
- Designed and implemented the STAR recognition program to accelerate culture change
- Led global consolidation for three acquired businesses in Europe
- Developed and implemented a workforce differentiation strategy for the Marketing function
Education
Master of Science (MS) - Human Resource Leadership
Rutgers
Brunswick, NJStrategic Human Resources Program -
Harvard Business School
Boston, MAMaster of Business Administration (MBA) -
Thomas Jefferson University
Philadelphia, PABachelor of Science (BS) - Management, Minor in Behavioral Science
Thomas Jefferson University
Philadelphia, PASkills
- Board of Directors
- Mergers & Acquisitions
- Leading with Courage/Integrity
- Critical Thinking
- Problem Solving
- Executive Compensation
- Change Management
- Transformation Skills
- Active Learning
- Sense of Urgency
- Strategic & Business Acumen
- Broad Global Experience
- Sales Compensation
- Executive Decorum
- Multiple Industries
- Large & Mid Cap Companies
- Union/Union Avoidance
- Comfort with Ambiguity
- Practical Knowledge
- Healthcare Start-ups
- Health & Welfare
- Retirement Plans
- HR Technology & Operations
- Financial Skills
- Legal - Employee Relations & ERISA
- Data Analytics
Affiliations
• CHRO Association
• SHRM Membership
• World at Work Membership
• CEBS Membership
• SHRM Membership
• World at Work Membership
• CEBS Membership
Board Advisory Responsibilities
Sunny Rewards, Sunday Health, Airvet, 4C Digital Health, US Preventive Medicine, America Health Policy Institute, Health Transformation Alliance, Palisade Software Corporation, Vice Chairman, Arizona Affordable Health Care Foundation
Presentations Publications
- Deploying AI at Work, Rutgers University School of Management and Labor Relations and SHRM 20th Annual Spring Business Conference, 04/2025
- From Insights to Impact, It's Time to Step Up: Navigating Transparency and Accountability, Panel Moderator, 02/2025
- What You Should Know About AI to Make the Right Decisions, Rutgers University School of Management and Labor Relations and SHRM 19th Annual Spring Business Conference, 04/2024
- Disrupting Healthcare: How Technology & Innovation Are Changing the Game for Self-Funded Employers; A GLP-1 Solution & Journey to Data Transparency w/ Diane Gherson, 09/2023
- CAA 2021 Impact on Health Plans, HRPA Fundamentals of Benefits, 07/2023
- Managing Healthcare Cost in the Digital Age; Why HR Has to be Data-Driven w/ Lisa Buckingham, 10/2022
- 2020 a Milestones Year for HTA; Cooperative Shrinks Members' Care Costs By $1 Billion, HealthPlan, 02/2021
- Health Transformation Alliance Saved Member Companies $1 Billion in Healthcare Costs, Cision, 01/2021
- According to The Mental Health Index: U.S. Workers Show Signs of Improved Focus; Yet Remain Significantly at Risk for Depression and General Anxiety, 10/2020
- Compensation - External Influencers and Risk, Guest Lecturer MBA Class - Boston University, 08/2020
- Interactive COVID-19 Discussion, Insurance Industry Roundtable, 04/2020
- 2020 Benchmark Symposium - Aon Ward, 03/2020
- EU & COVID-19 Pandemic-Country by Country Review, BEERG & HR Policy Assn., 03/2020
- COVID - HR Policy Association, 03/2020
- How to Get a Handle on Specialty-Drug Costs, Human Resource Executive, 07/2019
- Sharing Employee Health Data at The Health Transformation Alliance, HTA, 05/2019
- Leading with Purpose: Impact, Value, Experience, 19th Annual Employee Health Care Conference, 04/2019
- Group taps health benefits platform to personalize choices, TechTarget, 09/2018
- Health Transformation Alliance Prioritizes Employee Wellbeing with Welltok Partnership, Welltok, 08/2018
- Health Optimization Summit (speaker), Welltok, 05/2018
- What New Compensation Committee Chairs Should Know, Director's Bootcamp, Panel Member, 05/2016
- Executive Compensation and Tally Sheets, Guest Lecturer MBA Class - Cornell University, 06/2015
- Compensation Committee Challenges, Director's Bootcamp, Panel Member, 02/2014
- Real Compensation and Benefit Programs, Guest Lecturer Undergrad Program, University of Wisconsin - Whitewater, 10/2013
- Measure Compensation's Impact, SHRM, 09/2012
- Impact of Executive Compensation on Talent Retention, PHRS, 04/2011
- Value Added Benefits Design, IIS, Presenter, 08/2010
- Retaining Expatriates, GPSEF co-presenter, 11/2008
- Counterintuitive Benefit Design, MAPI presentation, 04/2008
- Lessons from the Front Line, BusinessWeek Roundtable on Outsourcing, 12/2006
- Finding the ROI in Wellness, Business Finance, quoted, 12/2006
- Consumer-driven participation: Enrollment in new CDHPs remains low, Employee Benefits News, quoted, 07/2006
- Value Creation in Mergers and Acquisitions, Mercer HR Conference, Washington, DC, Panel Member, 10/2003
- Goalsharing Success in Tough Times, Journal for Organizational Excellence, Co-author, 09/2003
- Trends in Board of Director Pay, Columbus Compensation Association, Columbus, OH, 05/2003
- Global Retirement Strategy, Mercer Global HR Conference, New York, NY, Co-Presenter, 10/2002
- Driving Innovative Strategies in a Conservative Corporate Culture, American Productivity and Quality Center Seminars, Chicago, IL, Co-presenter, 07/1998
- Mixed Results, Across the Board, Case study quote, 06/1998
- Joint Determination Benefits Bargaining, Industrial Labor Relations Seminar, Melbourne, Australia, 05/1996
- Computerized Compensation Techniques, Philadelphia Compensation Association, Philadelphia, PA, 04/1992
Timeline
Chief Executive Officer/Founder
Murphy Strategy Group
06.2021 - Current
HRCOO & SVP Total Rewards, HR Technology and Operations
Lincoln Financial Group
03.2010 - 06.2021
CHRO and SVP, Human Resources
Ametek
10.2007 - 03.2010
Executive Director Compensation and Benefits
AstraZeneca Pharmaceuticals
11.2004 - 09.2007
VP, Human Resources
The Scotts Miracle-Gro Company
08.1999 - 11.2004
Master of Science (MS) - Human Resource Leadership
Rutgers
Strategic Human Resources Program -
Harvard Business School
Master of Business Administration (MBA) -
Thomas Jefferson University
Bachelor of Science (BS) - Management, Minor in Behavioral Science
Thomas Jefferson University