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Five-year trends

2021 Switzerland Spencer Stuart Board Index

Switzerland top companies: Five-year trends

Board Composition
2021 2016 Change (%)
Average board size 10.9 10.5 4%
Independent directors 90% 88% 2%
Combined CEO/chair 0% 0% 0%
Vice chair/lead director 78% 70% 10%
Age & tenure
2021 2016 Change (%)
Average age NED, excl. chair 60.5 61.1 -1%
Average age executives 57.2 61.4 -7%
Average tenure: all 5.9 6.6 -12%
Average tenure: non-executives, excl. chair 6.3 n/d n/a
Average tenure: chair 9.1 5.9 35%
Foreign directors
2021 2016 Change (%)
% Foreign directors: all 58% 62% -7%
Board with at least 1 foreign NED 93% 95% -2%
Women directors
2021 2016 Change (%)
% women directors: all 27% 21% 24%
% women directors:NED 39% 21% 46%
% women directors: executives 7% n/a n/a
Female chair 8.9% 5% 78%
Female CEO 2% 0% 100%
Companies with at least 1 female director 100% 95% 5%
% women serving on ExCo 11% 7% 33%
Committees, meetings and evaluation
2021 2016 Change (%)
% boards with more than 3 committees 51% 65% 14%
Average number of board meetings (scheduled) 8.7 11.1 -28%
% boards undertaking an external evaluation 2% 5% -150.0%
Remuneration & committments
2021 2016 Change (%)
Average NED retainer CHF 203,782 CHF 136,398 33%
Average number of listed company directorships 1.4 2.1 50%
% chairs with outside quoted board 68% 80% 12%
New directors
2021 2016 Change (%)
New directors: all 9% 11% -17%
New directors: female 39% 32% 19%