Cybersecurity
British Board Members Just Keep Getting Older Despite Technology Challenges
- Average age breaks through 60 years threshold for first time
- Directors in France, Italy, Netherlands and Norway get younger
Pedestrians are seen walking through the More London office space against the backdrop of Tower Bridge in London, U.K.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
U.K. corporate boards are growing older, with the average age of directors surpassing 60 for the first time, according to executive search firm Spencer Stuart, at a time when companies increasingly need expertise in cutting-edge technology issues such as cybersecurity.
The average age of non-executive directors has risen 2.4 years over the past decade to 60.3, according to the Spencer Stuart 2017 UK Board Index, released Tuesday. The average age for executive directors is 53.4.