7th Annual Greater Philadelphia Board Index

The 7th Annual Greater Philadelphia Board Index examines the governance trends affecting the boards of the region’s largest companies.

Download the PDF now >

Highlights from this year's study include:

• Area directors earn more than the previous year, but less than the S&P 500. The average all-inclusive compensation for Greater Philadelphia board directors in 2015 was $221,595, a 13% increase from 2014. However, area directors’ average compensation is 20% lower than the 2015 S&P 500 all-inclusive average of $277,237.
• Surge in companies splitting CEO and chair roles. Nearly half (49%) of Greater Philadelphia companies separated the chair and CEO roles in 2015. This is up sharply from 38% in 2014.
• Longer tenure than S&P 500. Greater Philadelphia board directors and CEOs serve longer than their S&P 500 counterparts. Area directors have an average tenure of 10.1 years versus 8.5 years for S&P 500 directors. Greater Philadelphia CEOs serve an average of 11.3 years compared with 7.1 years on average for S&P 500 chief executives.

• Director Recruitment
• Board Assessment
• Boards