Board Directors’ Pay Jumps 400 Percent in a Decade
Interesting article on the increased compensation and responsibility of Board Directors.
The pay for directors of publicly traded companies in Canada has jumped 400 per cent in the last 10 years, according to the Conference Board of Canada. Over the same period, the value of the companies the directors oversaw rose 33 per cent, based on the S&P/TSX composite index. The increase partly reflects the directors’ increasing roles and responsibilities in the decade since the collapse of Enron Inc., corporate governance experts said.