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How much do board directors jobs pay per year?

As of Sep 5, 2026, the average yearly pay for board directors in Reston, VA is $128,957.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,300.00 and $142,500.00 per year, depending on experience, location, and employer.

What is the role of a board director?

A Board Director provides strategic guidance, oversight, and governance for an organization. They help set policies, make high-level decisions, and ensure the company operates in the best interests of its stakeholders. Directors review financial performance, assess risk, and support executive leadership while maintaining legal and ethical standards. Their primary duty is to act in the organization's and shareholders' best interests.

What are the primary responsibilities of a board director throughout the year?

Board Directors are responsible for attending regular board meetings, reviewing company performance reports, and participating in strategic planning sessions. They also serve on committees such as audit, compensation, or governance, which often require additional time and collaboration. Outside of meetings, Board Directors are expected to stay informed about industry trends, provide guidance to executive management, and ensure the organization complies with regulatory requirements. This role requires a balance of big-picture oversight and active engagement in critical company decisions throughout the year.

What are the key skills and qualifications needed to thrive as a board director, and why are they important?

To thrive as a Board Director, you typically need extensive leadership experience, strategic thinking abilities, and a solid understanding of corporate governance, often supported by advanced degrees or industry credentials. Familiarity with financial statements, governance frameworks, and board management software such as Diligent Boards is important. High-level interpersonal skills, sound judgment, and the ability to build consensus are essential soft skills for this position. These qualifications ensure effective oversight, informed decision-making, and foster trust among stakeholders and executive leadership.

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Board Directors jobs near you
Infographic showing various Board Directors job openings in Reston, VA as of August 2026, with employment types broken down into 1% Locum Tenens, 2% As Needed, 78% Full Time, 17% Part Time, and 2% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $128,957 per year, or $62 per hour.

Board Director - Independent Contractor

Rincon Research Corp

Chantilly, VA • On-site

Contractor

Retirement

Re-posted 6 days ago

Key responsibilities

  • Collaborate with other board directors to define strategic goals and guide the company's future.

  • Oversee management performance, participate in strategic planning, and review major business decisions.

  • Monitor ESOP plan administration, ensure compliance with regulations, and communicate with employee-owners.

Job description

Rincon Research Corporation (RRC) is a vibrant employee-owned organization that conceives, analyzes, designs, implements, and tests solutions for some of the most intriguing Government projects. As a small business headquartered in Tucson, Arizona, we have a history marked by steady growth in both revenue and customers. Our primary business is innovating, developing, and fielding digital signal processing (DSP) products and software solutions for the United States Defense and Intelligence Communities.


RRC seeks a board director to collaborate effectively with other board directors, leverage their expertise to help define our future, develop strategic goals, and enhance our corporate growth. This independent Director position requires an individual with strong business acumen, fiduciary mindset, and understanding of employee ownership structures to help guide our company's strategic direction, while protecting the interests of our employee-owners.


This role is an Independent Contractor.


Key Responsibilities

Fiduciary Oversight

  • Serve as a fiduciary to both the company and the ESOP trust participants
  • Ensure board decisions balance operational excellence with long-term employee-owner interests
  • Oversee compliance with ERISA requirements and ESOP regulations

Strategic Governance

  • Appoint the CEO and other officers of the company as needed
  • Evaluate the effectiveness of the CEO 
  • Participate in strategic planning and major business decisions
  • Provide independent oversight of management performance
  • Review and approve annual budgets, capital expenditures, and major transactions
  • Guide succession planning for key leadership positions

ESOP-Specific Duties

  • Ensure proper communication with employee-owners regarding company performance
  • Monitor ESOP plan administration and participant benefits
  • Evaluate potential transactions affecting employee ownership

Risk Management and Compliance

  • Assess and provide oversight of enterprise risk management framework
  • Ensure adequate internal controls and audit processes
  • Review compliance with debt covenants and banking relationships
  • Monitor legal and regulatory compliance across all business areas

Board Operations

  • Attend regular board meetings (typically 10 per year) and special meetings as needed; some will require travel
  • Serve on board committees as assigned 
  • Review board materials in advance, and come prepared for productive discussions
  • Participate in annual board and director evaluations

 

Required Qualifications

Experience

  • Minimum 10 years of senior executive experience in relevant industry or function
  • CEO experience or Board service involving leading a defense company through a period of meaningful growth
  • Background in finance, operations, strategy, or relevant industry expertise
  • Top Secret Clearable—undergo a background check that covers your personal, financial, criminal, and employment history; US citizenship required


Knowledge and Skills

  • Strong understanding of corporate governance principles
  • Financial literacy and ability to read and interpret financial statements
  • Knowledge of fiduciary responsibilities under ERISA
  • Strategic thinking and problem-solving capabilities
  • Experience with IC and DoD organizations and acquisition 


Personal Attributes

  • Unquestioned integrity and ethical standards
  • Independent thinking and willingness to challenge management when appropriate
  • Collaborative working style with ability to build consensus
  • Strong communication and interpersonal skills
  • Commitment to employee ownership philosophy


Independence Requirements

This position requires independence from company management and operations, including:

  • No current or former employment relationship with the company
  • No significant business relationships or transactions with the company
  • No family relationships with any employee or shareholder (current or former)
  • Ability to exercise independent judgment on all board matters


Preferred Qualifications

  • Previous service on a corporate board of directors
  • Experience with ESOP companies, employee ownership, or employee benefit plans
  • CPA, MBA, JD, or other relevant professional credentials
  • Experience in defense contracting sector
  • Knowledge of employee benefits and retirement plan administration
  • Experience with private company governance and stakeholder management


Position Details

  • Location: the role can be executed from any US location, though travel to RRC sites will be required
  • Position type: consultant, with quarterly payments and reimbursement for expenses

 

Application Process

Interested candidates should submit:

  • Current resume highlighting relevant board and executive experience
  • Cover letter addressing ESOP experience and interest in employee ownership
  • Professional references from previous board service or senior executive roles