We are interested in knowing what other companies pay for when it come to board of directors travel. Specifically, do they pay for business class travel, and if so, is this expense unrestricted or restricted? For example, business class is limited to long flight (> 5 hours) or for international only?
My questions are:
- What is your policy on the allowable class of airfare for directors travelling to domestic board meetings? Is it business class or economy?
- Is your policy different for international travel to board meetings, or for longer flights that 5 hours?
- Do your directors tend to seek any and all eligible reimbursements to which they are entitled under your policy?
