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12th Annual Retail & Apparel Board Index

Spencer Stuart is pleased to present the 12th edition of the Retail & Apparel Board Index, which highlights the latest data and trends in board composition, board practices and director compensation for 121 of the top U.S. retail and apparel companies.

Download the report.

Highlights include:

  • A rise in the number of women: The percentage of female retail board directors is 23%, up from 21% last year and higher than the S&P 500 figure of 21%.
  • Slight drop in mandatory retirement age: Some 49% of retail boards set a mandatory retirement age (down from 52% in 2015), compared with 73% of S&P 500 boards.
  • Cash retainer figure increases: The average per-director cash retainer of $71,525 is 7% higher than its 2015 figure of $66,860, but almost 40% below the S&P 500 average of $118,521.
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