Little progress on US corporate boards

The Weinberg Center for Corporate Governance in the US has published an extensive study on the board composition of Russell 3000 and S&P 500 companies.

One significant finding of this study is that, despite the demand for more diversity and refreshment, half of Russell 3000 companies report no changes in board composition.  Charles Elson, Director of the Weinberg Center, noted ‘The Weinberg Center is delighted to support this important, comprehensive and objective corporate governance research project.  This study clearly underscores the need in corporate America to seriously consider differing methods of board refreshment.’

To read more on this story see the April issue of The NED.