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New boards of directors to face the crisis

2021-06-27T21:50:02.585Z


BOOKS AND IDEAS - A growing number of companies are looking for directors from their own industry. Large groups seek to surround themselves, in their boards of directors, with more operational and experienced profiles. This trend, already observed in recent years, has been further reinforced with the pandemic, according to a study carried out by the headhunter firm Heidrick & Struggles on the approximately 843 directors recruited in 2020 in large companies in fourteen European countries. In Fr


Large groups seek to surround themselves, in their boards of directors, with more operational and experienced profiles.

This trend, already observed in recent years, has been further reinforced with the pandemic, according to a study carried out by the headhunter firm Heidrick & Struggles on the approximately 843 directors recruited in 2020 in large companies in fourteen European countries.

In France, CEOs are less popular than in the past.

They represent only 40% of the 62 new directors appointed to the CAC 40 groups last year, against 50% in 2019. Companies have preferred to strengthen their boards of directors with skills in financial risk management and compliance (50 %), as well as in cybersecurity (15%).

“These profiles were particularly popular in the period of instability experienced by the French economy,”

notes Heidrick & Struggles.

Conflicts of interest

The share of retirees in appointments is also shrinking.

In France, near

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Source: lefigaro

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