BoardIQ quoted partner Mark Parise in an article about recent trends in fund director retainers and meeting fees. Mark said that board members have put off full-scale compensation reviews and associated compensation increases between 2020 and 2021, even though factors such as increased regulatory demands and more complexity in addition to the number of funds overseen suggest that an increase is “appropriate and reasonable.”
“I would attribute this pause to many boards’ continued dogged protection of the interests of shareholders coupled with a clear and intentional sensitivity to the extremely difficult struggles our society has been facing through the pandemic,” Mark said.
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