Non-executive chairmen can earn around £700k

Non-executive
directors (NEDs) working for four FTSE 100 companies can expect to earn
£137,000 for around 56 days work, according to new research.

Although
only a small percentage work for more than one company some also have
substantial shareholdings in the companies they serve.

However,
the position of Non-executive chairman is far more lucrative earning a median
fee that is five times greater than that of an NED.

The
survey, conducted by Mercer, looked at 671 posts and found that 10 per cent
work for more than one FTSE 100 company.

The
research also revealed that 92 per cent of NEDs are male, while only 8 per cent
have 11 or more years experience on the board.

www.mercer.com

By Ross Wigham

Comments are closed.