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Pay Governance Hires 25-Year Veteran as Partner in Its Boston Office

August 30, 2021 GMT
Olivia Wakefield (Photo: Business Wire)
Olivia Wakefield (Photo: Business Wire)
Olivia Wakefield (Photo: Business Wire)

NEW YORK--(BUSINESS WIRE)--Aug 30, 2021--

Executive compensation consulting firm Pay Governance has hired Olivia Wakefield as a Partner in the firm’s Boston office. With more than 25 years of executive compensation experience in both consulting and corporate roles, she brings significant expertise in the life sciences and pharmacuetical sector.

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Olivia Wakefield (Photo: Business Wire)

Wakefield is an experienced strategic advisor and business leader who provides trusted counsel to boards of directors and executive leadership. She has significant expertise developing and implementing executive compensation programs that enable business performance and drive results.

Prior to joining Pay Governance, Wakefield was the Senior Vice President, Global Head of Total Rewards, at Takeda Pharmaceuticals. In this role, she led a number key rewards integration initiatives, including implementing Takeda’s first global equity and ESPP programs. Previously, she was the Senior Vice President, Global Head of Total Rewards, at Shire Pharmaceuticals during Shire’s acquisition of Baxalta. She was appointed as the Shire HR integration lead during the Shire/Takeda acquisition in addition to her Total Rewards role.


Wakefield started her career at Willis Towers Watson as an executive compensation consultant supporting an array of clients across multiple sectors, then proceeded to build a strong client base in life sciences.

“We are pleased to welcome Olivia back to consulting and to Pay Governance,” said Managing Partner Aubrey Bout. “She will further help advance our already very strong life sciences portfolio of clients and work across several high-growth industries on a national basis.”


In addition to her professional roles, Wakefield is a thought leader, featured speaker and author on executive compensation and corporate governance topics. She has been a frequent contributor to industry publications and has spoken to governance and industry groups, such as the National Association of Stock Plan Professionals, The Biotechnology Innovation Organization and WorldatWork. Wakefield has been a guest lecturer at Simmons University and the Rady School of Management, University of California San Diego.

Pay Governance LLC is a leading independent consulting firm focused on delivering advisory services to compensation committees. The consultancy also advises the management of companies in situations in which the firm does not serve as the independent committee advisor. Pay Governance has locations throughout the United States in New York, Atlanta, Boston, Detroit, Philadelphia, Pittsburgh, Chicago, Dallas, Cleveland, St. Petersburg, San Francisco and Los Angeles. The firm also has strategic affiliate relationships with Pay Governance Japan and Pay Governance Korea. For more information, visit

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CONTACT: Lisa Hester

Rountree Group




SOURCE: Pay Governance

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PUB: 08/30/2021 07:20 AM/DISC: 08/30/2021 07:22 AM