The National Association for Corporate Directors (NACD) established guidelines which encouraged companies to align shareholders’ and directors’ interest in the compensation program for directors. This commission also developed some Best Practices of director compensation plans. Talk about three of the five Best Practices in your initial posting, sharing how you will engage the compensation team members to buy in on your reasons why these three practices spark the most interest to you. Share examples with at least one supporting article to support your rules of engagement. Be prepared as your classmates are privy to ask you some questions to help you along the way as they are on your compensation committee.
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