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Trends In Board Director Compensation

Posted April 1, 2013

Note From Jim:

In connection with recent trends in compensation for public board directors, the average for those serving at the six biggest banks is $328,655 [In 2011 as reported by Equilar].  In comparison, the average director compensation at almost 500 publicly traded companies was $242,385 [in 2012 as reported by Spencer Stewart].

To entice your curiosity see article excerpts below.  Better still, access the full article at The New York Times.

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The New York Times

At Banks, Boa...

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Board Directors Should Demand Separate Indemnification Agreements

Posted May 28, 2015

Note From Jim:

Today Board Directors for even the best of organizations would be wise to recognize the significant reputational risk, financial liability, and the psychological stress that could confront them at some time in the future. As an antidote, separate director indemnification agreements can provide the peace-of-mind that comes with maximum protection legally possible.

In a compelling article published in the National Law Review this month, authors Heidi A. Lawson and David Barres of the law firm Mintz, Levin, Cohn, Ferris, Gl...

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