Technology industry boards are facing more pressure to increase diversity — from regulators, legislators and investors. Gender diversity on tech boards continued to rise steadily, while racial and ethnic minority representation remained stubbornly low, even as corporations faced scrutiny in 2020 on their diversity practices and initiatives.
These trends are just a few of the many that the ninth annual U.S. Technology Spencer Stuart Board Index examines for the 200 top technology companies in the United States.
Average tech board director tenure
Percent of new directors who are women
Percent of boards with mandatory retirement age
Percent of directors with technology industry background
Average compensation in stock awards
New independent directors in 2020
Percent of boards that separate CEO and chair roles
Average number of board meetings