Before I moved into academia, I was with Wal-Mart for ten years serving as Vice President and General Counsel of the Corporate Division. Below is a list of tips for compensation committee members based on my own observations:
1. Remain independent
2. Avoid boilerplate
3. Ask questions
4. Review consultant reports
5. Keep perspective
6. Keep up to date
7. Prepare for every meeting
See full Article.
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