October 2026
288 pages
6h 32m
English
All volunteerism comes to an end, and we believe that in serving on a board it is wise to actively consider when it is time to end your time. Several benchmarks provide guidance on when it may be your moment to exit. One yardstick is the average service time of directors of S&P 500 enterprises, a little less than eight years, suggesting that seven to nine years has become a business norm for the right amount of time to devote to a given company’s governance.
A second benchmark for your length of service are the policies that a company has set for the duration of their directors’ service. Some firms have adopted a mandatory retirement age, while others limit the number of three-year terms that can be served, ...
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