Half the companies compensating their directors paid annual retainers from $1, 250 to $5, 500, with an overall average of $4, 300. ... The cost of director liability insurance for small and medium-size companies surveyed increased 242 percent in 1986. ... the problem of attracting qualified outsiders who may balk at serving as directors without liability insurance coverage by establishing advisory boards.
|Title||:||Directors & Boards|