Non-Executive Director at Horace Mann | Chief Technology and Business Systems Officer at Fortive
Given the rise of #AI, increasing #cybersecurity and regulatory risk, and the continued pace of #digital transformation, it is good to see the most common background for new directors being #technology / telecommunications; next-gen directors accounting for nearly a third of all appointed in 2024. Also interesting to see the increasing focus on industrial expertise.
Did you know that one-third of new S&P 500 directors are serving on their first corporate board? Find out more about the makeup of the new class of board directors in Spencer Stuart's 2024 U.S. New Director and Diversity Snapshot. https://lnkd.in/gfMsh43g
Global Director of Cyber Defense
6moTechnology/telecommunications continues to be the most common *industry* background of new directors Directors with technology/telecommunications backgrounds account for 19% of new director appointments in 2024. I find this confusing and it is playing with my emotions somewhat! I want to believe that it means more technologists are rising to board level but the heading only says that they come from that *industry* and therefore could all be CFOs from tech companies rather than CIO/CTO etc. However, the second sentence implies an actual technology background. This may seem nuanced but I have found through my career that the difference here is hugely important. I know what I want it to be!!