In today’s briefing:
- Issues Related to Outside Director Compensation Are Plentiful
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Issues Related to Outside Director Compensation Are Plentiful
- A few companies have stock compensation plans for outside directors, but their common features are a majority of outside directors on the board and a high percentage of foreign ownership.
- 8 million compensation for an outside director would be too low to devote much of his/her time to that company. Consequently, 17.5% of all outside board members serve multiple companies.
- The need to raise the ratio of female board members amid the low percentage of women in managerial positions has increased the concurrent positions of female board members.