Prevalence of special board committees
According to Mercer’s global disclosure database, there has been a marked rise in the prevalence of specialized board committees beyond the traditional audit, compensation and governance/nominating committees.
Additional committees oversee areas such as finance, risk, technology, and sustainability.
75%
Greater than 75% of the S&P 500 have board committees other than the traditional audit, compensation and governance/nominating committees
50%
However, in a sample of over 1,100 non-S&P 500 companies in the US, slightly less than 50% had additional committees
As a trusted expert in Board of Directors compensation, Mercer can help boards think through the right compensation structures for these committees to account for workload and criticality to the business.
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