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Despite Demand for More Diversity and Refreshment, Half of Russell 3000 Companies Report No Change in Board Composition

Apr 24, 2019 - PR Newswire
Partnership Announcement-Organizational Restructuring

PR Newswire

 According to a comprehensive review of SEC filings made in 2018, 50 percent of Russell 3000 companies and 43 percent of S&P 500 companies disclosed no change in the composition of their board of directors, The Conference Board reports. More specifically, they neither added a new member to the board nor did they replace an existing member. In those cases where a replacement or addition did happen, it rarely affected more than one board seat. Only one-quarter of boards elected ...