The annual compensation paid to board directors is generally composed of an annual cash retainer, board meeting fees, and stock options or stock grants. These stock options are generally equivalent in value to 20-25% of a director’s annual retainer. A standard compensation package might consist of a $100K cash retainer, $1500-2500 fee per board meeting […]
When forming boards of directors, diversity, equity and inclusion has always been essential and necessary. Given the latest guidelines and growing expectations from shareholders, employees, and stakeholders, enhancing board diversity is of major importance. Diverse boards are associated with better decision-making skills, which leads to better outcomes and bigger profits. Recently, board diversity has been making […]
2023 has seen a consistent pattern of collapsed corporations, due to the failed governance of their board of directors. Many of these board members remain influential in financial and political sectors, alongside other endeavors. Here is what the former board members of some of the biggest corporate failures are doing now: Theranos, founded by Elizabeth […]
2023 has continuously marked the collapse of numerous corporations, especially in the financial sector. The downfall of these companies should be blamed on the failed governance of now former executives and former board members. Certain inefficiencies such as poor leadership and decision-making, lack of accountability, unethical practices or fraud, and financial mismanagement are all factors […]
Latest Business Headlines
