PRIVAT E EQUITY PRAC TICE 2022 North American Private Equity Operating Professional Compensation Survey2022 NORTH AMERICAN PRIVAT E EQUITY OPERAT ING PROFESSIONAL COMPENSAT ION SURVEY Contents A message from the authors Methodology 3 4 Executive summary 5 Operating executives’ backgrounds and role structure State of operating executive compensation Non-cash compensation 8 12 20 2HDiverse region, inclusive workforces: Diversity and inclusion policy and practice in Asia Paci?cEIDRICK & STRUGGLES A message from the authors Welcome to our 2022 North American Private Equity Operating Professional Compensation Survey. Together with our survey of private equity investment professionals, this report provides a comprehensive picture of the compensation that North American private equity (PE) executives are currently receiving. Deal activity is at record levels. With ?rms paying full price for their investments, the pressure is on operating professionals to ensure deals reach their full potential. We see in this report that in order to attract the right people, ?rms are raising compensation, providing increased job ?exibility