The Spencer Stuart Board Index is an annual study that examines the state of corporate governance among S&P 500 companies. The 27th edition reveals critical trends in director recruitment, board processes and compensation. Among the notable takeaways from this year’s proxy analysis:
Board turnover continues to decline: S&P 500 boards elected just 291 new directors in the 2012 proxy year — the smallest intake in 10 years and a 27% drop over the past 10 years.
Restrictions on other corporate directorships more common: Given the time commitment required for effective board service, 74% of S&P 500 companies now limit other corporate directorships for their board members versus 55% five years ago.
See full Article: http://www.spencerstuart.com/research/articles/1621/
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