The Advisors' Blog

Compensation Advisory Partners recently analyzed director compensation practices at the 100 largest public companies, based on 2024 proxy statements. Here are the key takeaways:

– Median total board compensation was flat year-over-year ($325K)

– Similarly, compensation provided for service in board and committee leadership roles was also flat versus prior year at median

– Meeting fees and use of stock options continue to be uncommon, with only 6% of companies paying board meeting fees and only 2% granting stock options to their directors

CAP also shares these predictions:

– During the next year, we expect a modest increase to median pay levels for standard board service

– We also expect to see continued focus on the additional retainers provided to Lead Directors and Committee Chairs

– Liz Dunshee