Where Data Tells the Story
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Analysis by rentseek.ing of FY2024 SEC proxy filings found that out of 3,475 directors at 380 public companies, just 162 sit on more than one board at the same time. Ten sit on three or more.
Of the top 30 multi-board directors, 80% are former Fortune 500 CEOs or CFOs. The pattern is structural: retire from running a major company, then govern several at once.
The connections cross industry lines. Finance and Technology share 18 board members. Industrials and Technology share 11. Healthcare and Technology share 10.
Data: FY2024 proxy filings, 380 companies, 3,475 directors. SEC EDGAR, analyzed by rentseek.ing
Explore board pay data at rentseek.ing/rankings/board-pay