March 1, 2005 Executive Compensation Executive & Director Pay Design Articles

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Executive & Director Pay Design

Director Pay The 'Why' Behind the 'What'

Establishing principles to address specific pay program amounts and components will help the Board to ensure that decisions regarding director pay are made thoughtfully, holistically, and accurately.

As we exit an era of shallow confidence and enter one of cautious optimism, shareholders will be looking to the stewards of America’s corporations — its directors — to help guide the way. In order to bestow such a high level of expectation upon this cadre of leaders, the question first must be answered: Is there a well-defined set of rewards in place that makes it worth their while to lead the charge?

View the full article as it was originally published.

Blair Jones

This article was originally published in Directors & Boards.

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