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Director Tenure: How Long is Too Long?

By Randi Morrison posted 12-12-2024 10:52 PM

  

Skadden’s “How Long Is Too Long? Activists Continue To Target Director Tenure” discusses the trend toward proxy advisors, activists, and other investors targeting directors with more than nine years of tenure as non-independent. The article, which includes S&P 500 term and age limit policy data, is aimed at helping companies take the offensive on disclosure and board refreshment to mitigate the potential for challenge to longstanding, value-add directors.

Access additional resources on our Board Recruitment & Succession/Refreshment, Board Composition, and Board Practices/Governance Practices pages.

                          This post first appeared in the weekly Society Alert!

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