Transparency around board members’ compensation is important to investors with this key layer of corporate governance seeing greater scrutiny.
"It's important for boards to understand how they compare to market practice to ensure their programs are competitive and capable of attracting the caliber of director expected by shareholders," said Ryan Hourihan, managing director at Pearl Meyer and lead author of the Director Compensation Report.
The percentage of companies delivering retainers to their audit, compensation, and nominating/governance committees also increased steadily, ranging from 76 to 88 percent in 2014, and from 87 to 91 percent today.
Continue reading...