The board’s role in structuring an executive compensation package

A compensation package is about much more than just a dollar figure. It’s a retention tool, a key benchmark and a shareholder relations issue. When it’s done right, it aligns closely with company strategy. Compensation consultants, internal legal and human resources staff and outside counsel all play important roles. But in the end it’s up to the compensation committee to get the package right for both the executive, the company and its shareholders.

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