Davies Governance Insights 2011

Profile of a TSX Director

• Directors of TSX 60 companies are typically men in their early sixties; directors of smaller companies tend to be slightly younger.

• Despite the capital markets being global, almost 80% of directors of issuers on the S&P/TSX Composite Index are resident Canadians.
• Women are making slow progress on many Canadian boards—and even slower progress in assuming positions of leadership. Women chaired only seven (3%) of the 360 issuers on the combined S&P/TSX Composite and S&P/TSX SmallCap Indices in 2011 and only 53 of the well over 1,500 board committees across those same public companies.
  
  
  
  
• Most boards are comprised entirely of directors who are independent of management, with the exception of the CEOs.

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