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Director compensation policies should accomplish the following goals: (1) attract highly qualified candidates, (2) retain highly qualified directors, (3) align directors'interests with those of the long-term owners of the corporation and (4) provide complete disclosure to shareowners regarding all components of director compensation including the philosophy behind the program and all forms of compensation. Fussell is Chairman of the Board and President of the Clara Abbott Foundation and a board member of the Abbott Fund.
Publisher: SAGE Publications Ltd; Three-Volume Set edition (March 3, 2008)
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