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2018 Switzerland Spencer Stuart Board Index

2018 Switzerland Spencer Stuart Board Index

The 2018 Switzerland Spencer Stuart Board Index focuses on the 47 companies that comprise the Swiss Market Index (SMI) and the SMI Mid Index (SMIM), providing an overview of board governance issues such as board size and composition, committee structure, director tenure and remuneration.

Our purpose is to provide business leaders with a snapshot of current practice on Swiss boards. In addition to detailed information on each SMI and SMI Mid company, we publish a chart showing how Swiss companies compare with leading companies in the US and other European markets on a key range of board governance measures.

The 2018 Switzerland Spencer Stuart Board Index focuses on the 47 companies that comprise the Swiss Market Index (SMI) and the SMI Mid Index (SMIM), providing an overview of board governance issues such as board size and composition, committee structure, director tenure and remuneration.

Our purpose is to provide business leaders with a snapshot of current practice on Swiss boards. In addition to detailed information on each SMI and SMI Mid company, we publish a chart showing how Swiss companies compare with leading companies in the US and other European markets on a key range of board governance measures.

In this edition, we include an essay titled “In the new era for boards, culture is key” which explores the nature of board culture and suggests questions to consider when seeking to change it.

Highlights of the 2018 Switzerland Spencer Stuart Board Index include:

  • 83% of directors on SMI boards are independent, which remains the highest proportion in Europe.
  • Swiss boards of directors continue to be among the most international in the world. 55% of new directors in the SMI and SMIM Mid are foreign. In the 12-month period covered by this publication, 79% of all newly appointed SMI non-executive directors were non-nationals, compared with 42% in SMI mid companies.
  • Total pay for SMI directors rose by 6.5% to CHF 215'280. Board fees at SMI Mid companies are around 25% lower, with an average of CHF 163'137.
  • Only 26 women sit on executive committees in SMI companies out of a total of 364 executives.

In this edition, we include an essay titled “In the new era for boards, culture is key” which explores the nature of board culture and suggests questions to consider when seeking to change it.

Highlights of the 2018 Switzerland Spencer Stuart Board Index include:

  • 83% of directors on SMI boards are independent, which remains the highest proportion in Europe.
  • Swiss boards of directors continue to be among the most international in the world. 55% of new directors in the SMI and SMIM Mid are foreign. In the 12-month period covered by this publication, 79% of all newly appointed SMI non-executive directors were non-nationals, compared with 42% in SMI mid companies.
  • Total pay for SMI directors rose by 6.5% to CHF 215'280. Board fees at SMI Mid companies are around 25% lower, with an average of CHF 163'137.
  • Only 26 women sit on executive committees in SMI companies out of a total of 364 executives.