Shearman & Sterling LLP 33 | Board Size and Leadership
Board Size of the Top 100 Companies
7 directors
8 directors
9 directors
10 directors
11 directors
12 directors
13 directors
14 directors
15 directors
16 directors
17 directors
The Board Size of
Size of the Board
The Board Size of the Top 100
Companies Ranged from
7 to 17
directors
with an
average of
72 of the
Top 100
Companies
ranged from
11.6
directors
10-13
directors
Board Size and Leadership
The average size of the board of the Top 100 Companies has decreased from
12.5 directors in 2015 to 11.6 directors in 2020, and 39 of the Top 100 Companies
have split the CEO and board chair positions.
Data
2
9
15
18
28
8
11
2
2
4
1