Record Earnings for Outside Board Members - Study

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According to a recent study conducted by the global management consulting firm of Towers Perrin and reported by CFO.com, the average total compensation for outside board members of S&P 500 companies has sky rocketed. The average compensation in 2000 according to the study was $100,807.

This increase according to the study is mainly due to the growing number of companies compensating their directors with stock options instead of cash payments. Other findings of the study are highlighted below:

For the full story and more details, visit CFO.com.

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