GM board members have some of the highest compensation out there. Here is a list of ten firms and the compensation of their non-employee board members. As committee membership, expenses, per diems and stock options contribute to total compensation I have taken a rough median number for total compensation. This information comes from proxy circulars for fiscal years 2007 and 2008. All numbers are in US dollars.
Board Compensation for Non-Employee Directors
Firm Base Bay Total Comp
IBM $250,000 $275,000
GE $250,000 $275,000
GM $200,000 Unknown
WalMart $160,000 $225,000
BCE $130,000 $150,000
Imperial Oil $100,000 $230,000
Ford $100,000 $150,000
Microsoft $100,000 $100,000
AT&T $85,000 $250,000
Pfizer $75,000 $175,000
Bear Stern $75,000 $150,000
Wednesday, July 29, 2009
GM Board One of Highest Paid
Posted by
Kevin Gaudet
at
9:24 AM
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