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Board Positions

Corporate board and advisory roles for DBA professionals

Compensation

$50K - $200K/board

Opportunity Growth

+28%

Time Commitment

10-20 days/year

Overview

Board positions represent the pinnacle of corporate governance and strategic influence. Your DBA enhances your profile as an independent director, bringing academic rigor and research-based insights to boardroom decisions. These roles offer substantial compensation for relatively limited time commitments while allowing you to shape organizational strategy at the highest level.

Types of Board Positions

Corporate Board Director

Public or private company boards with fiduciary duties

Advisory Board Member

Strategic guidance without legal liability

Non-Profit Board

Mission-driven organizations and foundations

Industry Association Board

Trade organizations and professional bodies

Board Committee Chair

Lead audit, compensation, or governance committees

Lead Independent Director

Senior board role with additional responsibilities

Board Compensation Structure

Public Company Boards

Fortune 500:

$250,000 - $500,000/year

Mid-Cap:

$150,000 - $250,000/year

Small-Cap:

$75,000 - $150,000/year

Equity Grants:

Often 40-60% of total comp

Private Company & Advisory Boards

Private Equity Portfolio:

$50,000 - $150,000/year

Startup Advisory:

Equity only (0.25-1%)

Key Responsibilities

  • βœ“Strategic oversight and guidance on major decisions
  • βœ“CEO succession planning and executive compensation
  • βœ“Risk management and compliance oversight
  • βœ“Financial performance and audit review
  • βœ“Mergers, acquisitions, and major transactions
  • βœ“Stakeholder representation and governance

Qualifications & Requirements

What Boards Look For:

  • β†’Senior executive experience (C-suite or equivalent)
  • β†’Industry expertise relevant to company's business
  • β†’Financial literacy and ability to read complex statements
  • β†’Independence and integrity for objective oversight
  • β†’DBA adds credibility and analytical perspective
  • β†’Diversity factors (gender, ethnicity, international)

Path to Your First Board

1

Build Your Executive Profile

Gain C-suite or senior leadership experience

2

Start with Non-Profit Boards

Gain governance experience and build network

3

Join Advisory Boards

Private company or startup advisory positions

4

Get Board Certification

NACD or similar director education programs

5

Network with Search Firms

Build relationships with board placement specialists

Board Meeting Commitments

Typical Annual Time Requirements

  • Board Meetings: 4-6 meetings (2 days each)
  • Committee Meetings: 4-8 meetings (half-day each)
  • Preparation Time: 2-3 hours per meeting
  • Site Visits: 1-2 facility/operation tours
  • Annual Planning: 1-2 day strategy session
  • Total Commitment: 15-25 days per year

DBA Advantages for Board Service

  • β†’Research skills for deep industry and competitive analysis
  • β†’Academic credibility enhances board's intellectual capital
  • β†’Evidence-based approach to strategic decisions
  • β†’Teaching experience helps with board education
  • β†’Network includes academics and industry leaders

Pursue Board Opportunities

Prepare for board service with these resources: