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Being on the board of directors isn't really a job. You have power, but it's extremely part-time. People serve on many boards, usually while also having real fu
by nonameiguess 3y ago
Being on the board of directors isn't really a job. You have power, but it's extremely part-time. People serve on many boards, usually while also having real full-time jobs. While they typically get compensated, it's usually in the area of 80k a year or so. Often, they also happen to be large shareholders, but that's because they purchased it, not had it gifted because they were on the board.
If you're saying $20-30 million is not hyperbole-inducing, I suspect you're thinking more of CEO pay, but CEO is an actual full-time job.