‘New Normal’ in Pay Extends to Directors

Agenda – A Financial Times Service Article written by Amanda Gerut in Collaboration with MyLogIQ

The relatively nominal raises seen in CEO pay at the largest companies are also being reflected in boards’ increases to their own pay plans. Compensation consulting firm Willis Towers Watson reports that among 300 Fortune 500 companies, total direct compensation for directors grew 2% at the median, to roughly $260,200, from 2016 to 2017.

A look at some of the most recently filed proxies using MyLogIQ, an SEC compliance and public company intelligence provider, shows numerous examples of the various approaches boards take in structuring pay for lead directors with dual roles.

 

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