New
Chief compliance officers are commanding salaries as high as $500,000, while independent directors easily fetch $150,000 or more. At some smaller companies, costs are exceeding revenues.
"Its been a very active area for us," said J. Nicholas Hurd, an executive recruiter for
Willis Riccio, a regulatory and white-collar crime attorney, said he is also picking up business writing codes of ethics for firms. Riccio characterized the current regulations as a "feeding frenzy."