1. Corporations Grow Nervous as Compensation for Directors Rises

    Corporations Grow Nervous as Compensation for Directors Rises

    It’s nice work if you can get it. The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years ago, according to a new report released by executive headhunters Spencer Stuart. But thanks largely to stock grants some earned a lot more than that...

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    1. There's a certain amount of nervousness within companies about what they're paying directors.
    2. The quality of our board is unparalleled – over half our directors are members of the National Academy of Sciences and two of our directors are Nobel laureates.
    3. These changes make our board compensation consistent with other companies.
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