This excerpt taken from the CVS DEF 14A filed Mar 28, 2008.
Annual Retainer Fees, Meeting Fees and Equity Awards
Each non-employee director has received an annual retainer of $65,000 and attendance fees of $2,000 for each Board meeting attended, $1,000 for each telephonic Board meeting
attended and $1,000 for each Committee meeting attended.
Each non-employee director who chaired a Committee of the Board received an additional retainer of $8,000, except the Chair of the Audit Committee, who received $15,000.
Under the 1997 Incentive Compensation Plan (the 1997 ICP), non-employee directors received an annual award of 4,000 shares of common stock for their service during the
preceding year (pro rated for partial-year service). In addition, following the merger of CVS and Caremark, former Caremark directors received 6,680 shares of CVS Caremark common stock under the 1997 ICP for the service during the preceding year,
including service prior to the merger.
How risky is your portfolio?
Remember that 401k from 2 jobs ago?
Taking on too much risk? Too little risk? Have no idea?
Skip the spreadsheet. Track your investments automatically.
We tally your portfolio fees so you don't have to.
You're probably paying higher fees than you think.
Translate your investment accounts from Martian to English.