Board Compensation
The financial remuneration and benefits provided to board members for their service, which may include cash retainers, per-meeting fees, equity grants (stock options or RSUs), and expense reimbursement. Board compensation varies significantly by company stage and size: startup board members (especially investors) often serve without cash compensation, while public company directors typically receive a mix of cash and equity worth $200,000-$400,000 annually.
Related Terms
A contractual right granted to an employee, director, or advisor to purchase a specified number of company shares at a p...
A group of individuals elected by shareholders to govern a corporation, set strategic direction, and oversee management ...
A board member who has no material relationship with the company beyond their directorship, meaning they are not part of...
A board committee responsible for setting and overseeing executive compensation, including salary, bonuses, equity grant...
More Board Roles Terms
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