How Many Supervisory Board Mandates Should a Person Accept?

Ilya Alkhimov, Kristina Laasma

May 17, 2021

Explanation

Someone with a good track record as a director may find themselves invited to serve on multiple boards. This may result in the person having limited time to fully perform their duties.

Recommendation

A director should accept only as many directorships as he or she can reasonably be expected to perform effectively, taking into account unforeseen corporate developments and the need to attend not only full board meetings but also committee meetings and to spend sufficient time reviewing board information.

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