Shearman & Sterling LLP 96 | Director Compensation
27
30
17
15
8
8
5
4
4
6
50
59
23
24
Director Perquisites
and Benefits
Seventy-nine Top 100 Companies
provide some form of perquisites
and benefits to their directors.
As with executive perks, this
practice has sparked significant
debate among investors. The
level of common types of director
perquisites and benefits has
remained fairly consistent over
recent years.*
* Data only reflects current programs that
are available to all directors; frozen and
grandfathered programs are excluded.
** The most common perquisites are company
products and services and tickets to
entertainment events.
† Director matching charitable contribution
programs are generally consistent with similar
benefits provided to all employees.
†† Includes special and excess meeting fees
and fees for service on special committees.
2015 2016
Life / Travel / Accident Insurance
Perquisites**
Participation in Matching or Other Charitable Contribution Programs†
Fees for Special or Extraordinary Services††
Reimbursement of Taxes Incurred with Respect to Some or All of the Benefits
Medical and Dental Benefits
Personal Use of Aircraft