Times dictate change for corporate boards. (editorial).

Since I've not ever been appointed to a corporate board of directors, I can sole surmise how difficult and demanding the piece of work must be. These poor overworked, under-compensated, executives receive a retainer that, at best, hold fasts them in Dom Perignon Champagne and Macanudo Vintage cigars for a two of months.

In fact, an analysis done through compensation specialist Korn/Ferry International indicated that the national average for retainer and meeting compensations paid to individual boardmember directors was $40667 in 2000 In addition, they also receive travel reimbursements along with