The Advisors' Blog

– Broc Romanek

Recently, FW Cook’s 2016 director compensation report came out. Here’s the intro:

In terms of pay levels, total compensation increased by 1.3% at the median of the total sample versus last year’s study, which reflects an apparent stabilization of director pay among large- and mid-cap companies in particular. Large-cap companies in our study pay directors $260,000 at the median and $300,000 at the 75th percentile, unchanged from last year. The mid-cap median of $200,000 reflects only a 1.1% increase from last year, while the small-cap median of roughly $145,000 reflects a larger increase of 6.0%. Technology continues to be the highest-paying sector in our study, and Financial Services the lowest, consistent with recent years.

Also see this blog by Keith Bishop about the bizarre requirement for California corporations for directors to approve of their own compensation by “round robin” voting…