Board of Directors Compensation and Pay Plans
We understand that recruiting and retaining an effective board of directors is a key tenet of good corporate governance. To that end, we can help you evaluate your company’s current board of director compensation plans. We review all aspects of board of director pay including compensation for board, committee chair and committee member service, board equity programs, equity ownership requirements and compensation for special roles. We determine how your director compensation compares to the market. Based on our analysis and your company’s leadership needs, we recommend ways to structure board of directors pay to be fair and competitive. We structure outside director pay programs to recognize the different skills and work load required of individuals who assume roles such as Chairman, Lead Director and Audit and Compensation Committee Chairs.