Who Serves on Tech Committees at 15 Companies
from May/June 2006
Here begins a sampling of companies whose boards have IT committees, the directors who serve on them, and what they make. The names of the committees vary by company.Cisco Systems
Committee name:
Technology Committee
John L. Hennessy, 53 (Chairman)
President, Stanford University
Other board memberships: Atheros Communications, Google Inc.
Jerry Yang, 37
Co-founder, Chief Yahoo, and Director, Yahoo Inc.
What committee members make (fiscal year 2005):
Annual director retainer: $75,000
Annual stock option grant: 20,000 shares
Committee meeting fee: $2,000
Number of times the board met in fiscal 2005: 7
Number of times the committee met: 1
Eli Lilly & Co.
Science and Technology Committee
Franklyn G. Prendergast, 61 (Chairman)
Director, Mayo Clinic Cancer Center
George M. C. Fisher, 65
Retired Chairman and CEO, Eastman Kodak Co.
General Motors
J. Erik Fyrwald, 46
Group Vice President, DuPont Agriculture & Nutrition
Alfred Goodman Gilman, 64
Dean, University of Texas Southwestern Medical School
Regeneron Pharmaceuticals
John C. Lechleiter, 52
President and COO, Eli Lilly & Co.
What outside committee members make (2006):
Annual director retainer: $45,000
Annual stock grant: 1,500 shares
In-person board meeting fee: $1,600
Committee chair meeting fee: $2,000
Committee meeting fee: $1,600
Number of times the board met in 2005: 7
Number of times the committee met: 3
FedEx Corp.
Information Technology Oversight Committee
Judith L. Estrin, 51 (Chairman)
CEO, Packet Design LLC
Walt Disney Co.
James L. Barksdale, 63
President and CEO, Barksdale Management Corp.
Sun Microsystems, Time Warner
J. R. Hyde III, 63
Chairman, AutoZone; Chairman, GTx Inc.
Shirley Ann Jackson, 59
President, Rensselaer Polytechnic Institute
IBM, Marathon Oil, Medtronic, Public Service Enterprise Group
What committee members make (as of July 2005):
Annual director retainer: $65,000
Annual stock option grant: 5,400 shares
In-person board meeting fee: $2,000
Teleconference board meeting fee: $1,000
Committee chair retainer: $10,000
In-person committee meeting fee: $1,750
Teleconference committee meeting fee: $875
Number of times the board met in fiscal 2005: 6
Number of times the committee met: 6
Great Atlantic & Pacific Tea Co.
Information Technology Oversight Committee
Dan Plato Kourkoumelis, 55 (Chairman)
Retired President and CEO, Quality Food Centers
Expeditors International of Washington Inc.
John D. Barline, 59
Of Counsel, Williams Kastner & Gibbs LLP
Richard L. Nolan, 65
Professor Emeritus, Harvard Business School; Professor, University of Washington
Business School
Novell
What committee members make (2005):
Annual director retainer: $32,000
Annual stock option grant: Valued at $45,000
Board meeting fee: $1,000
Committee chair retainer: $8,000
Committee meeting fee: $1,000
Number of times the board met in fiscal 2004: 8
Number of times the committee met: 2
Hewlett-Packard Co.
Technology Committee
George A. Keyworth II, 66 (Chairman)
Chairman and Senior Fellow, Progress and Freedom Foundation
Richard A. Hackborn, 68
Former Chairman, Hewlett-Packard Co.
John H. Hammergren, 47
Chairman and CEO, McKesson Corp.
Nadro SA de CV (Mexico)
Thomas J. Perkins, 74
Partner Emeritus, Kleiner Perkins Caufield & Byers
News Corp.
Robert L. Ryan, 62
Retired Senior Vice President and CFO, Medtronic
Black & Decker Corp., General Mills, UnitedHealth Group
What committee members make (2006):
Annual director retainer: $50,000
Annual stock grant: $150,000
Committee chair retainer: $10,000
Committee meeting fee: $0 for the first six meetings, after that $2,000 per meeting
Number of times the board met in fiscal 2005: 16
Number of times the committee met: 6
Home Depot Inc.
Information Technology Advisory Council
Milledge A. Hart III, 72 (Chairman)
Chairman, Hart Group Inc.
Docucorp International
Richard H. Brown, 58
Former Chairman and CEO, Electronic Data Systems
E.I. du Pont de Nemours
Bonnie G. Hill, 64
President, B. Hill Enterprises LLC
AK Steel Corp., Albertson’s Inc., California Water Service Group, Hershey Co., YUM! Brands Inc.
Lawrence R. Johnston, 57
Chairman and CEO, Albertson’s Inc.
Angelo R. Mozilo, 67
Chairman and CEO, Countrywide Financial Corp.
Thomas J. Ridge, 60
Former Secretary, Department of Homeland Security; Former Governor, State of Pennsylvania
What committee members make (as of August 2005):
Annual director retainer: $50,000
Annual stock grant: $80,000 in deferred shares (this amount increases to $230,000 as of the May 2006 annual meeting)
Annual stock option grant: 9,000 shares (eliminated in 2006)
Annual meeting fee: $2,000
Board meeting fee: $2,000
Committee chair retainer: $10,000
Committee meeting fee: $1,500
Number of times the board met in fiscal 2004: 4
Number of times the committee met: 4
Johnson & Johnson
Science and Technology Advisory Committee
David Satcher, 65 (Chairman)
Interim President, Morehouse School of Medicine
Mary Sue Coleman, 62
President, University of Michigan
Meredith Corp.
Michael M. E. Johns, 64
Executive Vice President for Health Affairs, Emory University
Genuine Parts Co.
Susan L. Lindquist, 56
Professor of Biology, Massachusetts Institute of Technology
What committee members make (2006):
Annual director retainer: $85,000
Annual stock grant: $100,000
Committee chair retainer: $15,000
Committee member retainer: $5,000
Number of times the board met in 2005: 11
Number of times the committee met: N/A
Medtronic Inc.
Technology and Quality Committee
William R. Brody, 62 (Chairman)
President, Johns Hopkins University
Mercantile Bankshares
Richard H. Anderson, 50
Executive Vice President, UnitedHealth Group; CEO, Ingenix
Xcel Energy
Antonio M. Gotto Jr., 70
Dean, Weill Medical College of Cornell University; Provost for Medical Affairs, Cornell University
Shirley Ann Jackson, 59
President, Rensselaer Polytechnic Institute
FedEx, IBM, Marathon Oil, Public Service Enterprise Group
What committee members make (2006):
Annual director retainer: $70,000
Annual stock grant: $70,000
Annual stock option grant: $70,000
Committee chair retainer: $10,000
Number of times the board met in fiscal 2005: 7
Number of times the committee met: 3
Mellon Financial Corp.
Technology Committee
Robert Mehrabian, 63 (Chairman)
Chairman and CEO, Teledyne Technologies
Ruth E. Bruch, 52
Former Senior Vice President and CIO, Lucent Technologies
David S. Shapira, 64
Chairman and CEO, Giant Eagle Inc.
Equitable Resources
Wesley W. von Schack, 61
Chairman and CEO, Energy East Corp.
What committee members make (as of April 2005):
Annual director retainer: $45,000
Annual stock option grant: 3,300 shares
Board meeting fee: $1,500
Committee chair retainer: $10,000
Committee meeting fee: $1,500
Number of times the board met in 2004: 12
Number of times the committee met: 4
Monsanto Co.
Science and Technology Committee
Sharon R. Long, 55 (Chairman)
Dean and Professor, School of Humanities and Sciences, Stanford University
Frank V. AtLee III, 65
Retired President, American Cyanamid Co.
Antigenics Inc.
George Poste, 61
CEO, Health Technology Networks
Exelixis, Orchid Cellmark
What committee members make (as of May 2005):
Annual director retainer: $150,000 (cash and stock)
Committee chair retainer: $15,000 (cash and stock)
Number of times the board met in fiscal 2005: 7
Number of times the committee met: 5
Novell Inc.
Information Technology Oversight Committee
Richard L. Nolan, 65 (Chairman)
Professor Emeritus, Harvard Business School; Professor, University of Washington Business School
Great Atlantic & Pacific Tea Co.
Albert Aiello, 63
Managing Director, Albert Aiello & Associates
John W. Poduska Sr., 68
Former Chairman, Advanced Visual Systems
Anadarko Petroleum, Safeguard Scientifics Inc.
James D. Robinson III, 70
Co-founder and General Partner,
RRE Ventures
Bristol-Myers Squibb, Coca-Cola Co., First Data Corp.
Kathy Brittain White, 56
Founder and President, Rural Sourcing Inc.
Mattel
What committee members make (2006):
Annual director retainer: $50,000
Annual stock option grant: 25,000 shares
Board meeting fee: $1,500
Committee chair retainer: $5,000
Committee meeting fee: $1,500
Number of times the board met in 2005: 9
Number of times the committee met: 4
Pfizer
Science and Technology Committee
Michael S. Brown, 64 (Chairman)
Professor, University of Texas Southwestern Medical School
Regeneron Pharmaceuticals
Stanley O. Ikenberry, 71
President Emeritus and Professor, University of Illinois
Aquila Inc.
Dana G. Mead, 70
Chairman, MIT Corp.
Zurich Financial Services
What committee members make (as of March 2006):
Annual director retainer: $75,000
Annual stock grant: 5,000 shares
Committee chair retainer: $25,000
Number of times the board met in 2005: 10
Number of times the committee met: 2
Procter & Gamble Co.
Innovation and Technology Committee
Ralph Snyderman, 66 (Chairman)
Chancellor Emeritus and Professor of Medicine, Duke University
Axonyx Inc., Cardiome Pharma Corp.
Norman R. Augustine, 70
Retired Chairman and CEO, Lockheed Martin Corp.
Black & Decker Corp., ConocoPhillips
Scott D. Cook, 53
Chairman of the Executive Committee of the Board, Intuit
eBay Inc.
Johnathan A. Rodgers, 60
President and CEO, TV One
What committee members make (2005):
Annual director retainer: $75,000
Annual stock option grant: $100,000
Committee chair retainer: $10,000
Committee meeting fee: $2,000
Number of times the board met in 2005: 13
Number of times the committee met: 2
Sempra Energy
Technology Committee
William P. Rutledge, 64 (Chairman)
Former Chairman, Communications and Power Industries
First Federal Bank of California
Donald E. Felsinger, 58
Chairman and CEO, Sempra Energy
Wilford D. Godbold Jr., 68
Retired President and CEO, Zero Corp.
K2 Inc.
William D. Jones, 50
President and CEO, CityLink Investment Corp.
Southwest Water Co.
What outside committee members make (2006):
Annual director retainer: $40,000
Annual stock option grant: 5,000 shares
Directors receive an additional $14,500 per quarter, deferred
Board meeting fee: $1,000
Committee chair meeting fee: $2,000
Committee meeting fee: $1,000
Number of times the board met in 2005: 12
Number of times the committee met: 2
United Stationers Inc.
Technology Advisory Committee
Alex D. Zoghlin, 36 (Chairman)
President and CEO, G2 SwitchWorks Corp.
Charles K. Crovitz, 52
Former Executive Vice President and Chief Supply Chain Officer, Gap Inc.
Children’s Place Retail Stores Inc.
What committee members make (2005):
Annual director retainer: $50,000
Annual stock option grant: 5,000 shares
In-person board meeting fee: $2,000
Teleconference board meeting fee: $1,000
Committee chair meeting fee (in connection with a board meeting): $1,000
Committee chair meeting fee (not in connection with a board meeting): $1,500
Committee meeting fee (in connection with a board meeting): $500
Committee meeting fee (not in connection with a board meeting): $1,000
Number of times the board met in 2004: 8
Number of times the committee met: 5
