Explore the latest data and trends in OMX Helsinki 25 appointments
2023 DATA
TRENDS DATA
Board Monitor
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This analysis is part of Heidrick & Struggles’ long-standing study of trends in board composition in countries around the world. Produced by our global CEO & Board Practice, these reports track and analyze trends in non-executive director appointments to the boards of the largest publicly listed companies in Australia (ASX 200), Belgium (BEL 20), Brazil (B3), Canada (TSX 60), Colombia (COLCAP), Denmark (OMX Copenhagen 25), Finland (OMX Helsinki 25), France (CAC 40), Germany (DAX and MDAX), Hong Kong (Hang Seng), Ireland (ISEQ), Italy (FTSE MIB), India (Nifty Top 200), Japan (TOPIX Core 30), Kenya (NSE Top 40), Mexico (BMV IPC), the Netherlands (AEX), New Zealand (NZX 10), Norway (OBX), Poland (WIG20), Portugal (PSI 20), Saudi Arabia (Tadawul), Singapore (STI 30), South Africa (JSE Top 40), South Korea (KOSPI 50), Spain (IBEX 35), Sweden (OMX Stockholm 30), Switzerland (SMI Expanded), the United Arab Emirates (ADX and DFM), the United Kingdom (FTSE 350), and the United States (Fortune 500). Information about executives is gathered from publicly available sources, BoardEx, and a Heidrick & Struggles proprietary database.
About the research
of OMX Helsinki 25
81%
board appointments were made in 2023
47
Number and share of appointments
13%
COO
23%
CFO
57%
CEO
Most common type of C-suite experience (Share of appointments)
66%
of appointments went to directors with cross-sector experience
47%
of seats went to directors with international experience
of seats went to retired executives
32%
went to those active in executive roles
68%
of seats went to first-time public board directors
21%
Professional experience
The average age was
Min
Max
57
35
68
57
of seats went to women
38%
36%
64%
Nationality
Non-national
National
Diversity
DIVERSITY
PROFESSIONAL EXPERIENCE
APPOINTMENTS OVERVIEW
DOWNLOAD DATA
2020
2021
2022
2023
54
56
57
57
Average age at appointment
2020
2021
2022
2023
40
66
53
64
60
34
47
36
National
Non-national
Nationality (%)
2020
2021
2022
2023
37
41
34
38
Gender diversity trends: Women (%)
2020
2021
2022
2023
10
24
13
23
47
69
53
57
CEO
CFO
CEO & CFO experience (%)
63
34
32
21
2020
2021
2022
2023
First-time board members (%)
2020
2021
2022
2023
67
62
58
68
Active executives (%)
2020
2021
2022
2023
30
29
38
47
Number of seats filled
AGE AT APPOINTMENT
NATIONALITY
GENDER
CEO & CFO
BOARD EXPERIENCE
ACTIVE VS RETIRED
NUMBER OF SEATS
Copyright @ 2024 Heidrick & Struggles International, Inc.
All rights reserved. Reproduction without permission prohibited.
CEO & Board Practice
Heidrick & Struggles’ CEO & Board Practice has been built on our ability to execute top-level assignments and counsel CEOs and board members on the complex issues directly affecting their businesses.
Europe CEO & Board of Directors Practice
Kit Bingham
London
kbingham@heidrick.com
Alice Breeden
London
abreeden@heidrick.com
2024