Partner Susan Schroeder discusses the increasingly common trend for CEOs to step into the executive chairman position after leaving their CEO position. At companies such as Abbott Laboratories, this meant that the executive chairman received compensation akin to the CEO. Schroeder notes that the average pay for executive chairmen has climbed over the last five years and advises companies to fix a termination date when they name an executive chairman.
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May 15, 2025
Breakout: Five Pitfalls Private Companies Should Avoid to Craft a Winning Long-Term Incentive Plan
Washington DC
When designed effectively, long-term incentive (LTI) plans are an important tool for private companies seeking to attract and retain top talent, foster an ownership…
May 15, 2025
Best Practices for Board Compensation
Washington DC
The newly updated results from our renowned and comprehensive Private Company Board Compensation survey, featuring data from 2,000 private and family-owned firms, will be…