New Directions for Director Pay
Apply strategic vision to your program.
Why it matters
Concentrating on their fiduciary duty, it's to be expected that boards are not overly focused on their own pay. However, just as executive compensation can be a catalyst for value creation, board compensation can also be strategically deployed. Attracting and retaining directors that contribute to a visionary board—one attuned to risk and opportunity—is vital for organizational success. Thoughtfully designed director pay structures can make the difference.