Much like executive compensation, director pay will be met with institutional shareholder scrutiny in the months ahead. Investors and proxy advisors will scrutinize stock option awards, meeting fees, and whether board pay remains steady amid lay-offs and revenue declines. How should compensation committees navigate the challenges ahead?
In this episode, Bob Romanchek, Partner and Senior Consultant at Meridian Compensation Partners, shares his thoughts on director pay in a COVID-19 environment:
- What are the key considerations for director pay right now?
- What actions are being taken across other boardrooms?
- What advice does Romanchek offer to compensation committees?