Snapshot | <em>Board size and standing committees’ number and prevalence</em>

Snapshot | Board size and standing committees’ number and prevalence

  • In its 37th edition, the recently released 2022 US Spencer Stuart Board Index offers a useful guide to board composition and governance practices at S&P 500 company boards
  • The graphs below illustrate select responses by the surveyed S&P 500 companies


Source:  2022 US Spencer Stuart Board Index


Food for thought…

  • According to the report, the average number of board directors as well as the number and prevalence of standing committees has remained steady over the past decade.
  • However, with increased uncertainty and an abundance of emerging risks, it remains to be seen if independent risk committees will become more prevalent going forward, possibly driven by regulation.

  ILMAM’s Optimal Board Program framework can help companies optimize their overall board work cycle, while considering the relevant drivers and trends