7 March, 2021

Non-executive directors’ average age breaks through 60

The average age of UK non-executive directors has risen to 60.3 years, topping 60 for the first time; and while more women occupy boardroom positions, there are still very few female chairs.

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The average age of non-executive directors has broken through the 60 mark for the first time, according to research by headhunters Spencer Stuart. In its 2017 UK Board Index report, Spencer Stuart said the average age is now 60.3 in 150 of the largest FTSE companies—an unexpected result and a rise of of 2.4 years on ten years ago. The average retainer for non-executives has also grown over the past decade, by 41%to £67,655 since 2007. The number of women joining boards has risen too, with women now occupying 34.7% of new appointments—up from 29.9% a year ago. Women now hold 25.5% of all boardroom positions in the top 150 busine

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Board composition, directors' age, Executive pay, Gender equality, Spencer Stuart Board Index report, women on boards