How Well Do Corporate Directors Know Senior Management?

This report presents the findings of a survey conducted by The Conference Board, The Institute of Executive Development, and the Rock Center for Corporate Governance at Stanford University to assess how well corporate directors know the senior executives one level below the CEO (the key set of executives for internal succession to the CEO position). The results reveal that, while many interact with senior executives periodically in a boardroom setting, most directors do not have extensive exposure to them outside of the boardroom nor do they have detailed knowledge about their skills, capabilities, and performance.