Why are female directors quitting boards in pairs?
A number of directors, mostly female, have departed in pairs from some of Australia’s highest-profile boardrooms in the past decade. Why isn’t it ringing alarm bells?
When an individual director departs from a company board, it typically garners little attention. It can be dismissed as the director reassessing his or her onerous workload; a decision to pursue other business interests, or explained away by a chairman in private that the director simply wasn’t the right fit.
When two or more directors quit at the same time, however, it’s not so easily dismissed, and should ring alarm bells. But does it?
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Anne Hyland is the Financial Review’s companies editor. She’s a former deputy editor of Good Weekend and Asia correspondent for the AFR. Email Anne at ahyland@afr.com
