The Composition of Corporate Boards
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While optimizing the selection of corporate board appointments for today’s most accomplished executives, JamesDruryPartners is often asked, “What are the professional backgrounds of directors serving on the boards of America’s largest companies?”
To answer this question, our firm analyzed the backgrounds of every board director for the country’s 500 largest companies by revenue and market cap – 6,323 directors across 652 boards in total. We found that corporate business executives hold the majority of seats at 4,759. More specifically, P&L executives (CEOs and Group Presidents) occupy almost 50% of all board seats; and Staff Executives (CFOs, CAOs, CHROs, CMOs, General Counsels, etc.) account for the second largest group.
The Composition of America’s Boards in 2024
America's 500 Largest Companies by Revenue and Market Cap (652 Companies Evaluated in Total)
Corporate Business Executives
4,759 Directors / 75.26% of Seats
Outside Advisors
1,047 Directors / 16.56% of Seats
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Non-Corporate Executives
438 Directors / 6.93% of Seats
Other Backgrounds
We hope you have found these insights to be of considerable value. The Composition of America’s Boards was developed by JamesDruryPartners as part of our firm’s annual study, “The Weight of America’s Boards.” The 9th edition of this seminal report is due for release in January 2025.
ABOUT THE FIRM: JamesDruryPartners is the leading board advisory services firm specializing in proactive board selection for Fortune 1000 CEOs and other Senior Executives. BoardSelect? – Optimizing Board Selection and Director Placement for Top Executives
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