CCI staff share recent surveys, reports and analysis on risk, compliance, governance, infosec and leadership issues. Share details of your survey with us: editor@corporatecomplianceinsights.com.
55% of corporate directors say least 1 board colleague should be replaced
A majority of public company directors — 55% — say at least one of their fellow board members should be replaced, according to a PwC survey of over 600 public company directors. This marks a six-percentage-point increase from 2024 and represents the highest level of boardroom dissatisfaction recorded in the survey’s nearly 20-year history.
The primary driver is a perceived lack of meaningful contribution to board discussions, cited by 41% of directors who want a colleague replaced, the survey found. Other factors include long tenure leading to diminished performance (34%), lack of necessary expertise (21%) and interaction styles that negatively impact board dynamics (20%). Despite this recognition of underperformance, many boards remain reluctant to act, citing collegiality and personal relationships (25%), the awkwardness of replacement processes (21%) and proximity to mandatory retirement (19%) as reasons for inaction.
Other key findings:
- Most directors — 78% — say their board’s assessment process does not provide a complete…
