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#1768199 - 12/18/12 03:38 PM Salary - Chairman of the board
RBanker Offline
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Austin Texas
I've been trying to find salary survey information for chairman of the board, but cannot find anything anywhere......
Do most banks not pay their chairman a salary?
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#1768212 - 12/18/12 03:50 PM Re: Salary - Chairman of the board RBanker
#Just Jay Offline
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Cheeseheadland
I am guessing most banks do not want to reveal/admit how much their chairman make as a salary.
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#1768219 - 12/18/12 03:55 PM Re: Salary - Chairman of the board RBanker
RBanker Offline
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Possibly, but for public companies, it's public, right?
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#1768222 - 12/18/12 04:02 PM Re: Salary - Chairman of the board RBanker
rlcarey Online
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Much of will depend, size of organization, profitiability, whether the Chairman is also a working executive in the bank, etc. There are a lot of wildcards.
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#1768225 - 12/18/12 04:04 PM Re: Salary - Chairman of the board RBanker
rlcarey Online
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IBAT publishes a compensation and salary survey.
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#1768257 - 12/18/12 04:28 PM Re: Salary - Chairman of the board RBanker
RBanker Offline
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Austin Texas
As does TBA - I have been reviewing that information, but it is pretty sketchy at best ...... my surmise is that either bank's our size/age/etc aren't reporting or aren't paying....oh well, fun wearing the HR hat every now and then....
We did not participate in IBAT's this year, and the cost is pretty substantial to purchase.
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#1772053 - 01/03/13 06:00 PM Re: Salary - Chairman of the board RBanker
trytocomply Offline
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Maryland
Rowles has one that list out even board fees. ABA has a salary survey but not as detailed as Rowles for Board Members.

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#1772263 - 01/03/13 09:18 PM Re: Salary - Chairman of the board RBanker
Elwood P. Dowd Offline
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Next to Harvey
In two of the banks where I worked the "Chairman of the Board" had no active duties beyond running the board meeting (based on an agenda made up by the CEO). The third one made every bank decision worth making.

With that kind of variation in responsibilities, it may be difficult to find valid comparisons.
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