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 […]
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 […]
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