Cozy Corporate Directors Raise Their Pay to $1,000 an Hour

Photograph Paul M O'Connell

All in favor of giving yourself a raise, say “Aye.” U.S. corporate boards paid directors a record average of $251,000 last year, the sixth straight year of increases in the S&P 500 since the government began requiring disclosure and amid yet more evidence that corporate governance is deeply in need of repair.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.