The dangers of overboarding and importance of director focus

How much is too much in a boardroom?

Excessive boardroom remuneration and gender pay gaps are likely to dominate the headlines as AGM and voting season gets into full swing.

However, these are not the only issues on shareholders' agendas. One less conspicuous trend that is increasingly becoming the subject of investor ire is 'overboarding' - when corporate directors are deemed to sit on too many boards. The term 'overboarding' has been a topical issue not just for the companies in the Evenlode portfolios but for companies across the FTSE spectrum. The 2018 AGM season saw an increasing trend of shareholders voting against non-executives for sitting on too many outside boards. IA warns 32 FTSE All-Share 'worst offenders' of shareholder revolts It is s...