Is administrative help for directors a perk?

For purposes of the proxy statement filed with the SEC, is administrative help for directors a perk?

It’s a perk if they’re doing a director’s dry cleaning.

Fortunately, the “dry cleaning” kind of thing is old school and pretty much dead.

Nowadays, directors aren’t expecting that sort of concierge treatment – and any business needs they have with the company is run through the corporate secretary’s office.

The types of things handled by that office are solely professional – business-related. Flights for board meetings, hotels related to their director service. These are not perks.

For many more Vid-Guides dealing with corporate & securities law, corporate governance, E&S issues and more – particularly if you want to review any Vid-Guides referred to during this Vid-Guide – see the list of Vid-Guides spread throughout these categories:

• Corporate Governance
• Proxy Season
• Executive Pay
• ’34 Act/Other
• ’33 Act/Deals
• Sustainability/E&S
• Career Advice
• Fun Party

And since all the content on ZippyPoint.com is complimentary, please “Pay-What-You-Can” to help keep this fine platform alive & well…