Survey Results: Corporate Airplane Use by Outside Directors
1. At our company, when it comes to allowing non-employee directors
to use the company's plane to travel to - and from - board meetings: (Total
responses: n=97)
(select only one) |
n=1 (1.03%) |
Yes, we allow - but we disclose the aggregate incremental costs
associated with such use as director perks in the Director Compensation
Table. |
n=59 (60.82%) |
Yes, we allow - but we believe such travel is for a business
purpose and thus do not disclose it in the proxy statement. |
n=12 (12.37%) |
Yes, we allow - but we believe such travel is for a business
purpose and therefore only disclose that such travel is permitted in the
narrative portion of the proxy statement. |
n=0 (0.00%) |
Yes, we allow - but only a percentage of the amounts associated
with such use is considered for a business purpose – so some of the cost
is disclosed in the Director Compensation Table. |
n=7 (7.22%) |
No, we don't allow non-employee directors to fly on the company
plane to our board meetings. |
n=1 (1.03%) |
No, as a result of a recent change in our travel policy, we no
longer allow non-employee directors to fly on the company plane to board
meetings. |
n=17 (17.53%) |
We don't have a company plane. |