Board directors turning down roles and working longer hours in 2023

EY partner Una Diver and Michael Fraser of the Institute of Directors. (Images supplied: IoD)

Mon, 21 Aug 2023

Board directors are working longer hours and serving for fewer years as the role's responsibilities mount up. The latest Directors Fees report from the Institute of Directors (IoD) and EY, released on Aug 18, also shows that nearly all directors have taken on personal liability insurance.The annual exercise was the IOD’s largest to date, surveying 3,951 directorships representing 1,124 directors in 1,695 organisations. “It’s the full spectrum of NZ businesses from the smallest not-for-profit through to Fonterra a...

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