I personally know two former board members at Nike --because my company did a few million dollars worth of work on their mansion, not because I'm anyone important-- and from what I can tell, their jobs and lives were/are pretty fucking awesome. Just imagine the most glamorous and luxurious lifestyle you can think of, but without the drawback of being publicly recognizable, and that's pretty much it.
Lol CEOs just sit in board meetings with other CEOs from other companies and just pass down the latest how to surprise the workers rulings. While saying it's a family