In 2019, there were four regularly scheduled Board meetings, a two-day strategic planning session, and an Annual Public Meeting. The following table illustrates the number of meetings each Director attended as compared to the number of meetings the particular Director was eligible to attend during the 12 months that ended December 31, 2019. Some directors also attended meetings and interview sessions for new Board member recruitment, a new director orientation session, and ride-alongs with Technical Safety BC safety officers.
The Governance and Human Resources Committee is responsible for making recommendations to the Board respecting director compensation. An independent review of Technical Safety BC’s director compensation practices against comparable organizations was conducted in 2018. Based on that review, the Board approved adjustments to the quantum of meeting fees and annual retainers payable to the Board and committee members. The adjustments were effective as of April 1, 2019.
The following table shows Director compensation as of April 1, 2019. Compensation increased from April 1, 2018.
|Fee||2019 ($)||2018 ($)|
|Annual retainer - Chair||46,500||42,200|
|Annual retainer – Finance and Audit Committee Chair||20,000||17,900|
|Annual retainer – Governance and Human Resources Committee Chair||20,000||17,900|
|Annual retainer – Strategic Advisory Committee Chair||18,000||17,900|
|Annual retainer – Directors||13,400||12,700|
|Board/Committee meetings fee||825||790|
|Maximum daily meeting fee||1,185||1,185|
|Teleconference of less than one hour||400||395|
Directors' retainer and meeting fees
Total retainers and meeting fees earned by Directors in 2019 compared to 2018
fees 2019 ($)
fees 2018 ($)
|George Abbott (Board Chair)||45,425||18,800||64,225||57,210|
|Ian Banks (Committee Chair)||19,475||9,005||28,480||25,290|
|Brenda Eaton (Committee Chair)||17,975||7,355||25,330||25,010|
|Geordie Henderson (Committee Chair)||19,475||10,620||30,095||27,380|
|Charles (Doug) Scott||3,175||3,160||6,335||22,970|