The Female FTSE Board Report 2017

FTSE 100 Companies

The Female FTSE Board Report 2017

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3.4.6 Organisational, Board and Role Tenure Examining organisational, board and role tenure can provide information about who obtains promotion to more senior positions. Women’s tenure on the boards of FTSE 100 companies is systematically lower than that of men in 2017. Furthermore, it appears that women executives and women CEOs were also less likely in 2017 to have moved role during their time on the board. For example, women CEOs had an average tenure of four years in their current role, which corresponds to their tenure time on the board. In contrast, men CEOs were in their role for an average of five years, having previously held another role on the board in light of an average board tenure of seven years. It appears that women may be more likely to be appointed from the outside into their current roles as CEOs or EDs, while men were more likely to have been internally promoted. Amongst the cohort of female CEOs on September 1st, four of the seven were externally appointed.

FIGURE 8. ORGANISATIONAL, BOARD AND ROLE TENURE AVERAGE TIME IN ORGANISATIONS, ON BOARDS AND IN ROLES, BY GENDER, 2007-2017

CEO

10 years

7 years

7 years

5 years

4 years 4 years

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE

EXEC

9 years

7 years

5 years

4 years

3 years 3 years

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE

NON-EXEC

5 years 5 years

4 years 4 years

4 years

3 years

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE

AVERAGE TIME IN ORGANISATION

AVERAGE TIME ON BOARD

AVERAGE TIME IN ROLE