Fifty-five per cent of directors say a colleague on their board should be replaced

Fifty-five per cent of directors say at least one colleague on their board should be replaced. Seventy-eight per cent say board assessments do not capture the full picture, and nearly three-quarters say their board skips individual director reviews. Eighty-eight per cent say they could personally take steps to improve their board. In a separate survey of executives, 32 per cent believe their board has the right mix of skills.

The figures are from PwC’s 2025 Annual Corporate Directors Survey, released on 1 October 2025, answered by 638 directors of United States companies, 70 per cent of them with annual revenues above $1 billion. The executive figure is from PwC and The Conference Board, Board effectiveness: a survey of the C-suite, May 2025.

Source: PwC, 2025 Annual Corporate Directors Survey, 2025-10-01.