The Lucrative Road From Congress to Corporate Boards

Source: Jeff Green, Brandon Kochkodin and Blacki Migliozzi, Bloomberg, October 18, 2016

In an election year dominated by populist outsiders, politicians are learning that cozy relationships with corporate America can be a liability…. And yet “director” is a popular and lucrative job title for many former members of Congress. Last year, the 64 one-time lawmakers who sat on boards pulled down an average $357,182, twice what they earned when taxpayers paid their salaries, according to data compiled by Bloomberg of former members of Congress who served on Russell 3000 company boards in 2015….