Compensation trends for lead directors and committee chairs have been interesting to follow in the years after Sarbanes-Oxley. Audit committee chairs were the first to be rewarded with higher pay; compensation committee chairs quickly followed suit as issues like Say on Pay came to the forefront. Yet, we still see a significant gap in pay for lead directors and Nom/Gov committee chairs.
In this episode, Meridian Compensation Partners’ Bob Romanchek returns to discuss director compensation and pinpoint why certain board and committee chair retainers have advanced so quickly while others have not.