Board Statistics from the Spencer Stuart Board Index
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Every year, Spencer Stuart conducts a survey of the S&P 500, examining the latest data and trends in board composition, board practices and director compensation.
Dan Daly is joined by Jerry Noonan, Partner at Spencer Stuart. Jerry is a member of the firm’s Board and CEO Practice and global leader of their Consumer Good Practice. They discuss some of the findings of this year’s survey, including:
- Fewer active CEOs are serving on boards
- Governance committees are looking at other board profiles, including CFOs and Division Managers
- Digital and technology-based experience is a must-have for most boards
- “Onboarding” the first time board member is an important process as more new directors lack previous board experience
- Retirement age, number of meetings and more statistics from the Index
Pt. 1 of 2.
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