Corporate directorship pressures continue to mount

Board turnover is becoming commonplace at many enterprises

While the annual director time for corporate board members has increased, there is higher board turnover, increased demand for IT risk knowledge, and focus on stronger talent development programs at the majority of public companies in the U.S. according to one survey.

In fact, the average annual director time commitment has increased to 235.9 hours per board, up from 218.6 hours last year, says the National Association of Corporate Directors' (NACD) 2013-2014 NACD Public Company Governance Survey, which polled 1,000 directors of public companies who shared their perspectives on the state of their boards.

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Erin E. Harrison

Erin E. Harrison is the Editor in Chief of InsideCounsel magazine. Harrison’s professional background includes extensive expertise in both print and online media, highlighted by...

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