Are they filled with other CEOs? I thought boards were filled with different people concerned with different topics. Where do you see that they're filled with other CEOs?
Just as a quick first check, of the three most influential/connected directors listed on the front page: 2 are ex-CEOs, and the third is a mixture, including having been Obama's ambassador to the EU. How did you see how many are CEOs out of the total?
The website doesn't have an overall table of stats. You yourself noted that 2/3 of the top 3 are ex-CEOs. They might have taken on those directorships when they were still CEOs. They might take on new CEO roles in the future. I think the overall point stands.
It doesn't seem to - 2 of the top 3 people might be ex-CEOs, but that doesn't mean that all board members are CXOs. That's why I was asking how we see it for all board members, and not just the top 3.
I just acquired this belief from throwaway comments in the FT over the years. I do know that generally boards are filled with CxO people, because they tend to have the right experience.
I'm just complaining about the ethical rot. I have always believed that leaders need to be held to higher standards than anyone else, and, if they want to cry about it, they should distribute their pay to the folks that have to bear those standards, because their "leaders" won't.
I'm pretty sure that SE salaries would be much higher if the only people allowed to determine their salaries were their peers.