Financial Institution Insights

Board Compensation, Diversity Under Scrutiny

As seen in the 3rd Quarter 2019 issue of Bank Director

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Similar to trends in other industries, banks have been simplifying their director pay programs. Slightly more than half of publicly traded banks with $1 billion to $10 billion in assets increased cash retainers instead of offering board meeting fees. Board…

Looking Forward

Emerging Trends in How Banks Pay the Board

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As banks grappled with difficult financial times during and after the recession, many boards did not get pay increases for their service, despite increasing responsibilities and time commitments. That appears to be changing. Meridian Compensation Partners’ Susan O’Donnell and Daniel…