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Meta's Stock Surge, Biden's Economy, and Guest Denise Hamilton
Pivot
Board Compensation and Influence
- Public company board members typically receive substantial compensation, often around $200,000-$300,000 annually, including equity.
- Long-term board members at successful companies can accumulate significant wealth due to stock appreciation.
- This wealth can create a sense of obligation and bias towards the CEO, especially if their decisions have significantly increased the board's net worth.
- It's important to have independent board members who can provide unbiased oversight and represent the interests of all shareholders, not just the CEO.
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