2024 S&P 500 Director Compensation Snapshot
The average total compensation for S&P 500 directors (excluding independent chairs’ fees) is $327,096, an increase of 1.8% from 2023 ($321,220). Stock accounts for 58% of director compensation, with cash accounting for 37% for the third year in a row.
The average annual retainer for S&P 500 independent directors is $144,077, up only slightly from $143,106 in 2023. Over the past 20 years, director retainers have increased 5.4% on an annualized basis…
Boards Need a New Approach to Technology
The boards of too many publicly traded companies are downright timid when considering matters involving science and technology. More often than not they focus on security and digitization—a defensive posture that overlooks the bigger opportunities emerging from new materials, space science, and a better understanding of the genome, to name just a few areas…
It’s in companies’ own interests to adopt global sustainability standards
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/03eff634-60a1-498b-9e83-c950bdf59a28?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content
While the basic rules of society in which companies operate have been transformed beyond recognition (thanks to the impact of population growth, digitisation and climate change, to name just three factors), the roles, rights and responsibilities that accrue to owners, boards and executives have not changed….
Report: Gender Diversity Momentum Stalls on US Corporate Boards
An analysis of the boardrooms of the top 3,000 U.S. publicly traded companies known as the Russell 3000 finds that only 30.7% of 587 new board appointments in the first three months of 2024 were women, the lowest percentage since 2017….
Women in the boardroom
The business case for diversity has been established for some time. Companies with more diverse boards have shown that they tend to perform better financially. What’s more, organizations that are more diverse as a whole with respect to gender—from top executives and board members…
Climate Competent Boards Certificate Programs
Provides corporate board directors and business professionals with an in-depth understanding to help them better grasp the current challenges and opportunities that climate change and transitioning to net-zero present, with actionable advice from dozens of global experts on how to get there…
Women are bored of waiting: Slow progress on shattering the glass ceiling on company boards
New research from IMD and The Boardroom demonstrates that these assumptions are at best outdated and at worst harmful to progress toward greater board diversity. The research is based on an opinion survey of 130 senior women executives in 18 European countries…
How Women on Boards Navigate the “Warmth-Competence” Line
The road to gender parity on corporate boards has been a long one, but there are signs of progress. In 2022, for instance, 45% of new Fortune 500 board appointees were women and the percentage of women on these boards had risen to almost 30%….
Spencer Stuart Director Pulse Survey: Time Commitment 2024
Directors reported an average of 200 hours per year on board work, a sharp drop from last year’s average of 278 hours. However year-over-year comparisons of this statistic are problematic due to significantly different sample sizes that likely influenced the averages. The 2023 number was based on a follow-up survey of 95…
Gartner: Leadership Driving AI Revolution in the Boardroom
In recent years, AI has rapidly transformed the business world, revolutionising everything from customer service to product development. Now, AI is making its way into the highest levels of corporate decision-making: the boardroom. As organisations globally grapple with the implications of AI …
