Survey reveals lack of satisfaction with executive skills
Executives are concerned with finding the right mix of boardroom skills, yet one in three boards have failed to properly discuss succession.
A little more than one-third (36%) of executives are “satisfied” their boards have the right mix of skills, according to a survey of 2,300 directors across 46 countries.
The research found 49% of respondents could only say they were “somewhat satisfied” that their boards possessed the right combination of skills.
Despite these concerns, 33% of directors said their boards had conducted "little or no" discussion of succession plans.
Conducted by KPMG, the professional services firm, the survey also found that three out of five board di
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
AkzoNobel told new CEO Thierry Vanlancker’s position ‘untenable’
Elliott Advisors launches fresh attack on Dutch paint maker over newly appointed chief executive Thierry Vanlancker, claiming it raises “significant legal and reputational risks”.
-
Campaigners call on EU to back mandatory human rights due diligence
The European Union should introduce compulsory human rights due diligence for companies to check their supply chains, argues campaign group the European Coalition for Corporate Justice.
-
Board moves at Helical, Victrex and Future
Mike Slade to leave Helical after 34 years as part of a board reshuffle; Carillion woes see Andrew Dougal leave Victrex; and former YouGov CFO joins Future.
