John M. Ford, a co-chair of the Financial Services Practice Group and vice chair of the Investment Funds Industry Group of Pepper Hamilton, was quoted in the July 2, 2019 BoardIQ article, "Board Raises Powered Six Percent Higher Last Year."
Optics, fairness and defensibility of compensation if criticized for it are all matters that play into what directors decide to pay themselves, says John Ford, a partner at Pepper Hamilton. Boards weigh assigning an appropriate value to their skills and experience against being effective fiduciaries of shareholders’ money, he says.
"That's a huge consideration as to where that balance point lies," he says.
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