Equilar, the market leader in executive compensation data and research published an analysis of Director Stock Ownership Guidelines at Fortune 250 companies. Released with the Executive Compensation Trends newsletter, Equilar's 2009 Director Stock Ownership Guidelines Report covered 240 filing companies and found that 186 of those companies disclosed ownership policies.
Notable key findings in the report include:
• An 82.1 percent ownership policy prevalence
• There was an increase in holding requirements to nearly 20 percent
• 57.5 percent of companies defined ownership guidelines as a multiple of the annual retainer
• There was a significant increase in disclosures of hardship provisions
• The median target ownership for directors was $250,000
The complete 30-plus page report is provided to all Equilar customer subscribers through Equilar's Knowledge Center. Non-subscribers can request a copy of the report by visiting http://www.equilar.com/
