YOU be the JUDGE...

According to the Corporate Library's study, the average size of publicly traded company's board is 9.2 members, and most boards range from 3 to 31 members. According to Investopedia, some analysts think the ideal size is seven.[44] State law may specify a minimum number of directors, maximum number of directors, and qualifications for directors (e.g. whether board members must be individuals or may be business entities).[45][46]

§Committees[edit]

While a board may have several committees, two—the compensation committee and audit committee—are critical and must be made up of at least three independent directors and no inside directors. Other common committees in boards are nominating and governance.[44][47]

§Compensation[edit]

Directors of Fortune 500 companies received median pay of $234,000 in 2011. Directorship is a part-time job. A recent National Association of Corporate Directors study found directors averaging just 4.3 hours a week on board work.[48]

------------------------------------------------

Is the Compensation, "REASONABLE?"......

...(Especially considering that, there ,"IS NO INCOME",, to the Corporation..

------------------------------------------------

§Criticism[edit]

According to John Gillespie, a former investment banker and co-author of a book critical of boards,[49] "Far too much of their time has been for check-the-box and cover-your-behind activities rather than real monitoring of executives and providing strategic advice on behalf of shareholders

ARE we being served, 'OR' Screwed..???

You be the JUDGE...