S H E A R M A N & S T E R L I N G L L P
46
47
D
I
R
E
C
T
O
R
C
O
M
P
E
N
S
A
T
I
O
N
–
C
O
M
M
I
T
T
E
E
F
E
E
S
Lead / Presiding Director
Retainers
Forty-three of the Top 100 Companies pay a
retainer (or a higher retainer) to the lead or
presiding director, compared with 31 of the
Top 100 Companies surveyed in 2007 and
20 in 2006. The fees paid to lead directors
range from $3,000 to $500,000.
Seventy-eight of the Top 100 Companies have lead or presiding directors and 11 have independent
non-executive chairmen of the board. As these directors are more heavily involved in the day-to-day
operations of the company, many of the Top 100 Companies have elected to pay these directors
enhanced fees. The number of companies doing so has more than doubled since 2006.
0
2
4
6
8
10
12
N
U
M
B
E
R
O
F
C
O
M
P
A
N
I
E
S
LESS
THAN
$5,000
$5,000-
9,999
$10,000-
14,999
$15,000-
19,999
$20,000-
24,999
$25,000-
29,999
$30,000-
34,999
$35,000-
39,999
$40,000-
44,999
$45,000-
$49,999
$50,000
OR
MORE
1
3
5
1
4
10
3
0
1
0
3 3
3
3
4
10
7
0
1 1
0
11
2007
2008
