Board Practices and Composition: 2024 Edition
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you acknowledge our privacy policy and consent to the use of cookies. 

Corporate Board Practices

Board Practices and Composition: 2024 Edition

/ Report

Despite record levels of demographic diversity in board composition, directional trends are slowing amid an increasingly complex economic and social environment. This report provides a detailed analysis of evolving board composition and practices in 2024, focusing on public companies in the Russell 3000 and S&P 500 indexes.

Key Insights

Despite record levels of demographic diversity in board composition, directional trends are slowing amid an increasingly complex economic and social environment. This report provides a detailed analysis of evolving board composition and practices in 2024, focusing on public companies in the Russell 3000 and S&P 500 indexes.

Key Insights

  • As boards look to diversify their composition demographically, the percentage of directors who are former C-Suite executives or former executives below the C-Suite is rising.
  • While US corporate boards are more demographically diverse than ever, the proportion of new directors from non-White backgrounds is decreasing.
  • A rise in overboarding policies, which limit the number of boards on which directors can serve, may reflect an emphasis on ensuring that directors can effectively fulfill their responsibilities, as well as certain investor and proxy advisor prescriptions.
  • Board excellence practices are evolving, with some larger companies sponsoring education and evaluation practices.
  • Only a small proportion of companies has established a designated sustainability or environmental, social & governance (ESG) committee, as many have allocated ESG responsibilities to existing committees and some boards are uncertain of the long-term trajectory of ESG-related initiatives.

Authors

This publication is available to you, but you need to sign in to myTCB® or create an account to access it.To learn more about becoming a Member click here. To check if your company is a Member, click here
 

Keep my computer signed in

 

By Clicking 'Create Account',
You Agree To Our Terms Of Use

Members of The Conference Board get exclusive access to Trusted Insights for What’s Ahead® through publications, Conferences and events, webcasts, podcasts, data & analysis, and Member Communities.

Our Knowledge Partners

Other Related Resources