Board Chair: Important Contract and compensation questions to ask during the interview process

Looking for questions to ask when hiring a Board Chair? It's very important that you do your due diligence and ask the right questions in this situation. We have compiled a list of some of the most important contract and compensation-related questions you need to ask in the process when interviewing a Board Chair


Contract and compensation questions


  • Do you expect an upfront payment (cash and/or equity) to join as Board Chair?
  • Do you expect a warrant program as part of your compensation?
  • What is most important for you; Recurring payment (salary) or milestone/bonus payment when goals are achieved?
  • In case we conclude, after three months, that you are not the right fit for the role, how do you expect to be compensated?
  • How long a notice period do you expect?
  • What other payments and compensations do you expect?
  • Do you have a special framework (or template) the contract needs to be formed around?
  • What other things (perks, etc.) do you expect as Board Chair of this company?
  • How long should the trial period be?
  • What should happen in case of default or obligations not being delivered from the candidate's side?

...93 more questions to ask

If you need more inspiration for relevant questions to ask when interviewing a Board Chair you will benefit from reading the 103 questions to ask when interviewing a board chair checklist.

 
Board Chair: Important Contract and compensation questions to ask during the interview process