This study examines best practice processes used by the Compensation Committee of the Board of Directors in designing executive compensation programs. It is based largely on presentations and discussions at a series of meetings of The Conference Board's Working Group on The Compensation Committee of the Board and at The Global Corporate Governance Research Center's Fall Symposium.

Topics covered:

• Role and Charter of the Compensation Committee of the Board of Directors
• Structure of the Compensation Committee of the Board
• Compensation Committee Relationships
• Operations of the Compensation Committee of the Board

Special features:

• Key Findings
• Working Group Paricipants, Speakers, and Fall Symposium Panelists
• Sample Charters From The American Society of Corporate Secretaries
• Extracts From TIAA-CREF Policy Statement