In 2003, Albright accepted a position on the Board of Directors of the New York Stock Exchange. In 2005, she declined to run for re-election to the board in the aftermath of the Richard Grasso compensation scandal, in which Grasso, the chairman of the NYSE Board of Directors, had been granted $187.5 million in compensation, with little governance by the board on which Albright sat. During the tenure of the interim chairman, John S. Reed, Albright served as chairwoman of the NYSE board's nominating and governance committee. Shortly after the appointment of the NYSE board's permanent chairman in 2005, Albright submitted her resignation.