For decades, CEOs were natural candidates for outside directorships and filled the majority of open board positions. Then came Surbanes-Oxley, which heaped added responsibilities, as well as new liabilities, on board directors. Now CEO candidates are rejecting most new directorship offers in droves. Other are stepping down from many of their current boardroom positions in the face of mounting workloads and increased risks.
Department, Program, or Center
Fram, Eugene and Stevenson, William, "The next generation: with CEOs accepting fewer directorship slots, who's filling their shoes?" (2007). Accessed from
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