How much do board members of public companies get paid?

How much do board members of public companies get paid?

Board members aren’t paid by the hour. Instead, they receive a base retainer that averages around $25,000. On top of this, they also may be paid a fee for each annual board meeting and another fee for meeting by teleconference. At any given company, director pay may be set up differently.

How much does the chairman of the New York Stock Exchange make?

In its first disclosure of an executive’s pay, the New York Stock Exchange said Wednesday that Chairman Richard Grasso would receive $139.5 million in accrued retirement and other benefits this year, plus a salary and bonus of at least $2.4 million.

How much does being on a board pay?

How much does a Board Member make in California? The average Board Member salary in California is $80,073 as of November 29, 2021, but the range typically falls between $61,721 and $98,900.

How much do Amazon board members make?

Amazon’s directors receive no cash compensation other than reasonable expenses to attend meetings. Directors may, at the board’s discretion, receive stock-based awards. In 2017 two such awards were made, one to a current board member. The stock award was designed to provide about $298,000 in annual compensation.

How much is Wall Street worth?

The New York Stock Exchange (NYSE, nicknamed “The Big Board”) is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world’s largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018.

How much do Apple board members make?

Apple Inc. The board chair receives an additional $200,000; the audit committee chair receives an additional $35,000; the compensation committee chair receives an additional $30,000, and the nominating committee chair receives an additional $25,000.

What company has the largest board of directors?

GMI ranked the top 50 companies with the highest average board of director compensation….These are the 12 companies with the highest-paid board of directors.

• Occidental Petroleum.
• Salesforce.com.
• Northrop Grumman.
• Oracle.
• Fidelity National Information Services.
• Amazon.com.
• Hewlett-Packard.

How do you sit on a company board?

Reach out to people who are already on the board of a company where you’d like to serve, to executives, or to advisors such as outside counsel. Look for common backgrounds—the same alma mater, volunteering in similar areas, serving on the boards of similar nonprofits.

Who is in charge of the New York Stock Exchange?

Currently, the chairman is Jeffrey Sprecher. In 2016, NYSE owner Intercontinental Exchange Inc. earned $419 million in listings-related revenues.

How much does a board member get paid?

Compensation for board members can easily reach $300,000 to $500,000 a year, according to Veritas, an executive compensation consulting service. 2 Not surprisingly, the most lucrative seats go to directors at S&P 500 companies. Average compensation in 2018 at those firms was $304,856, according to Reuters. That’s a 43\% increase over 10 years.

How do you find the highest-paid boards of directors?

In order to identify the highest-paid boards of directors, 24/7 Wall St. relied on a special screen generated by GMI Ratings, a corporate governance ratings firm. GMI ranked the top 50 companies with the highest average board of director compensation.

How much do S&P 500 directors make?

Not surprisingly, the most lucrative seats go to directors at S&P 500 companies. Average compensation in 2018 at those firms was $304,856, according to Reuters. That’s a 43\% increase over 10 years.

How can I find out what a company pays its board members?

To find out what any publicly held company pays its board members, read the company’s annual proxy statement, available from its corporate website or the Securities and Exchange Commission website.