An issue for the board
30 September 2008 | Steve Bagshaw
By Jake Kanter
This story in the Financial Times unveils research on the makeup of a FTSE 350 firm's board of directors. It says the average board member has only been in their position for four years, while the average chief executive just 4.6 years. This is in addition to the average age of board members falling.
Experts in the piece suggest there may be an element of ageism in the corporate environment. They argue that perhaps now is a good time for an "old hand", given the current economic climate and that the last recession was over a decade ago.
Have you seen similar trends in your organisation's board?
Do you agree with Gordon Brown that now is not the time for novices?
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