Spencer Stuart Board Index

number of
directors
independent
directors Board fees ($)
Percentage of
total compensation
AVERAGE
COMPENSATION PER
NON-EMPLOYEE
DIRECTOR
MEETINGS PER YEARª
COMPANY SALES
($ IN MILLIONS)
SEPARATE
CHAIRMAN/CEO
RETIREMENT AGE
AVERAGE TENURE
(years)
BOARD RETAINER
Board Retainer
Footnotes
INDEPENDENT
DIRECTORS
AVERAGE AGE
all other
OPTIONS
TOTAL
STOCK
CASH
Security & Alarm Services
Tyco International 9,902.0 11 9 Y 64 8 72 6 110,000 b 266,000 46% 53% 0% 1%
Trading Companies & Distributors
Fastenal Company 3,869.2 9 6 Y 54 6 74 4 55,000 - 113,167 100% 0% 0% 0%
United Rentals 5,817.0 11 10 Y 63 10 - 6 80,000 b 266,249 45% 55% 0% 0%
W.W. Grainger 9,973.4 10 9 N 63 13 75 7 85,000 b,c 243,327 38% 61% 0% 1%
Trucking
J.B. Hunt Transport Services 6,187.6 10 6 Y 59 9 72 4 200,000 c 195,140 39% 60% 0% 1%
Ryder System 6,571.9 11 10 N 62 9 72 6 65,000 b,c 240,311 46% 53% 0% 1%
TOTAL INDUSTRIALS
Average 10.8 9.4 63.2 8.4 73.5 7.3 131,811 267,205 43% 51% 3% 3%
Median 11.0 9.5 63.0 8.5 74.0 7.0 100,000 262,440
INFORMATION TECHNOLOGY
Application Software
Adobe Systems 4,795.5 11 10 N 60 9 72 10 150,000 c,d 349,484 25% 75% 0% 0%
Autodesk 2,504.1 10 9 N 63 9 72 5 250,000 d 347,753 25% 75% 0% 0%
Citrix Systems 3,275.6 13 11 N 64 10 72 5 265,000 c,d 412,369 36% 64% 0% 0%
Intuit 4,192.0 11 10 N 66 9 75 10 290,000 c,d 393,043 25% 75% 0% 0%
salesforce.com 6,667.2 11 10 N 63 6 72 5 125,000 b,c 600,604 11% 89% 0% 0%
Communications Equipment
Cisco Systems 49,161.0 11 10 Y 66 10 75 12 240,000 d 326,987 37% 63% 0% 0%
F5 Networks 1,919.8 10 9 Y 61 8 72 12 60,000 b,c 343,060 27% 73% 0% 0%
Harris Corporation 5,083.0 12 11 Y 61 7 75 13 75,000 b,c 250,045 47% 52% 0% 1%
Juniper Networks 4,857.8 10 8 Y 60 7 72 7 240,000 d 411,664 30% 70% 0% 0%
Motorola Solutions 5,695.0 10 9 N 63 7 74 9 90,000 b,c 245,839 33% 67% 0% 0%
Data Processing & Outsourced Services
Alliance Data Systems Corporation 6,439.7 13 12 N 62 3 75 6 100,000 b 253,581 27% 72% 0% 1%
Automatic Data Processing 10,938.5 10 7 Y 66 17 72 8 110,000 b,c,e 267,950 41% 55% 0% 4%
Fidelity National Information Services 6,595.2 12 10 N 64 9 75 8 70,000 b,c,e 337,683 59% 21% 20% 0%
Fiserv 5,254.0 12 11 N 63 8 72 7 100,000 b,c,e 268,588 36% 32% 32% 0%
Global Payments 2,773.7 12 11 N 67 10 75 6 285,000 d 248,125 42% 58% 0% 0%
MasterCard 9,667.0 14 11 Y 63 12 75 7 120,000 b 320,102 39% 60% 0% 1%
Paychex 2,739.6 9 8 N 67 10 74 6 100,000 b,c 228,648 52% 24% 24% 0%
PayPal Holdings 9,248.0 9 8 N 65 12 78 6 42,500 b n/a n/a n/a n/a n/a
Total System Services 2,779.5 11 10 N 61 8 75 8 100,000 b 221,524 42% 29% 29% 0%
Visa 13,880.0 13 12 Y 68 10 72 10 280,000 c,d,f 335,149 43% 54% 0% 3%
The Western Union Company 5,483.7 14 11 Y 60 4 75 11 85,000 b 258,200 40% 41% 16% 3%
Xerox Corporation 18,045.0 10 9 N 63 13 75 7 85,000 b,c 219,479 43% 57% 0% 0%
Electronic Components
Amphenol Corporation 5,568.7 9 8 N 62 10 - 5 80,000 b,c 208,611 40% 60% 0% 0%
Corning 9,111.0 10 9 N 64 10 72 4 80,000 b,c 285,619 50% 50% 0% 0%
Electronic Equipment & Instruments
FLIR Systems 1,557.1 11 10 N 60 8 75 5 135,000 b,c 245,870 40% 31% 29% 0%
board index 2016 53