Overview of key findings and recommendations from 2015 Corporate Governance Diversity study of the Top 80 Georgia-based corporations

1. GEORGIA CORPORATE GOVERNANCE
DIVERSITY STUDY 2015
FINDINGS:
DIRECTOR: % FEMALE:
BOARD SIZE:
GEORGIA- 9.54 BOARD SEATS/COMPANY (763 SEATS TOTAL)
NATIONAL AVERAGE- 10.42 BOARD SEATS/COMPANY
13.1% Female (100 Total)
16.9% Female
29.8%
19.4%
50.9%
Same
Industry
Financial
Services
Other
Nation
Georgia
DIRECTOR BACKGROUND:
0%
20%
40%
Business MBA
34.6%
28.6%
Work Experience Education- Degree
< 6 Years
6 - 12 Years
> 12 Years
Length of Service
< 60 60 - 70 > 70
( 277) (332 ) (154)
Age
299
241223

2. GEORGIA CORPORATE GOVERNANCE
DIVERSITY STUDY 2015
RECOMMENDATIONS:
• Georgia Boards- especially the 47 with nine
or fewer directors- should add at least one
additional member to ensure increased
diversity of thought and guidance
• Attract qualified executives from outside
the company’s primary industrial sector to
bring fresh perspectives to the board
• Develop more aggressive succession
planning and refreshment strategies
designed to prevent board complacency
• Utilizing these action items offers a holistic
(as opposed to quota-driven) method of
increasing female, minority, and first time
board members