top of page
  • Writer's pictureRobert Adelson

Executive Service on Corporate Boards of Directors – Benefits, Liabilities and Compensation

Updated: Dec 29, 2021


About two weeks ago, on February 21, 2019, CEOWorld magazine published an article I wrote on “Executive Service on Corporate Boards of Directors – Benefits, Liabilities and Compensation” The magazine advised me that I can use “Featured in the CEOWOLRD magazine” and the CEOWORLD “Logo” on my website.


This article is designed for CEOs and other senior executives offered the opportunity to serve on corporate Boards of Directors in your own company and particularly in other companies.




This article discusses the benefits that Board of Director service can offer to an executive to advance his or her career, including the following:


  • Stock, options and other compensation that can be quite lucrative,

  • Opportunities to network and learn from peers,

  • Observation of other organizations manage their affairs,

  • New source of information (in your own company or in business generally),

  • Source of new contacts to take the next step up the career ladder.


The articles also discusses pitfalls and potential liabilities of Board service including the significant responsibility to oversee management of the business, due diligence expected to review the transactions before it and record those deliberations, and the fiduciary duties Board members owe to the shareholders so it is important to assure proper care and diligence, and also insurance coverage.



With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide.


It is my hope that this article will be helpful to CEOs, other C-Level and senior executives who are offered the opportunity to serve on their own or other corporate boards, and need to pay attention to both benefits and pitfalls of Board service. If you or any colleague of yours has a need in this area, please do reach out to me at radelson@engelschultz.com.

Recent Posts

See All

Key Terms to Negotiate in Your Next Executive Job Offer

Two weeks ago, on Wednesday October 25, 2023, the executive career advancement website IvyExec published an article I wrote on “Key Terms to Negotiate in your next Executive Job Offer”. When you recei

Fighting the Double Trigger as free labor vs slavery:

How to negotiate your own Change of Control acceleration terms A bit over two weeks ago, on Friday September 15, 2023, CEOWorld magazine published an article I wrote on “-Fighting the Double Trigger a

Three Key Steps to the Fractional CFO Seat

Figuring out your niche — and what you can charge for it — is an essential first step for intrepid fractional CFOs, experts say. Three weeks ago, on Wednesday August 16, 2023, CFO Drive magazine publi

bottom of page