But while therace andgender makeupof corporate boardshave come underscrutiny in recent years with shareholders pushing companies to add women and minorities and themedia calling outboard homogeneitywhencompaniestry to tout equal pay the age part of the „old https://www.cwjerseys.com boy’s club”stereotype has gotten far less attention.A new report from professional services firm PwC shows just how little age diversity there is among these pivotal figureswho govern America’s largest corporations. And only a third ofcompanies in the S 500 have at least one director younger than 50who is not also the company’s CEO.The report points to recent[How the oldest Senate ever is taking a toll on the operations of Washington]That could start to shift, however, as companies arefinally waking up to thebenefit of having younger directors in the room.”It’s in the last 24 months, really, when[younger directors]have really popped in interest,” said Paula Loop, who leads PwC’s Governance Insights Center. „We’re seeinga lot more focus around technology, cybersecurity, digitaltransformation, and understanding social media and other ways of marketing.” To get „freshskills that are current today, it’sgoing to be a sitting executive who can provide insight into what is going on in their day jobs,” and those tend to be somewhat younger.They’re also increasingly recognizing how big a risk viral stories can be the Starbucks incident in Philadelphiais only the most recent example making directors with social media expertise more valuable in the boardroom.”What you hear first is a desirefor candidates with that ‚digital native’ in their profile,” said Theodore Dysart, a vice chairman for the executive search firm Heidrick Struggles.
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