Summary of Non-Employee Director Compensation, as of January 1, 2023
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.1 2 cmp-q12023xex101directorco.htm EX-10.1 Document
 | Exhibit 10.1 | ||||
Summary of Non-Employee Director Compensation
As of January 1, 2023
The following compensation will be provided to non-employee members of the Board of Directors (the “Board”) of Compass Minerals International, Inc. (the “Company”) pursuant to the Company’s Non-Employee Director Compensation Policy.
A.Cash Compensation
1. Annual Retainer. Each non-employee director will receive an $85,000 annual cash retainer for service on the Board.
2. Committee Service Fee. In addition, each non-employee director serving as a chair or member of any of the following Board committees will receive an annual cash fee for committee service, as follows:
| Committee | Chair | Members | ||||||
| Audit Committee | $27,500 | $10,000 | ||||||
| Compensation Committee | $22,500 | $10,000 | ||||||
| Nominating/Corporate Governance Committee | $17,500 | $7,500 | ||||||
| Environmental, Health & Safety Committee | $17,500 | $7,500 | ||||||
3.Non-Executive Chairman of the Board. In addition, the Non-Executive Chairman of the Board will receive an annual cash fee of $65,000 for service as Non-Executive Chairman of the Board.
B.Equity Compensation.
1.Annual Equity Award. Each non-employee director will receive an equity award with an annual equity award value of $120,000 for service on the Board.
2.Non-Executive Chairman of the Board. In addition, the Non-Executive Chairman of the Board will receive an equity award with an annual equity award value of $105,000 for service as Non-Executive Chairman of the Board.
