2024
Board Monitor
Spain
Explore the latest data and trends in IBEX 35 appointments
Snapshot
2023 IBEX 35 board appointments at-a-glance
Diversity
Nationality
63%
National
35%
Non-national
2%
N/A
57
The average age was
Min
Max
38
57
74
52%
of seats went to women
Professional experience
50%
of seats went to retired executives
50%
went to those active in executive roles
17%
of seats went to first-time public board directors
61%
of appointments went to directors with cross-sector experience
70%
of seats went to directors with international experience
Most common type of C-suite experience (Share of appointments)
46%
CEO
13%
CFO
0%
COO
Trends, 2018–2023
First-time board members (%)
64
55
45
35
32
17
2018
2019
2020
2021
2022
2023
Gender diversity trends: Women (%)
66
60
58
52
48
30
2018
2019
2020
2021
2022
2023
Active executives (%)
74
72
68
52
50
48
2018
2019
2020
2021
2022
2023
CEO & CFO experience (%)
CEO
CFO
46
40
36
33
21
19
14
13
12
7
7
6
2018
2019
2020
2021
2022
2023
Nationality (%)
National
Non-national
N/A
2
24
39
29
48
55
35
76
71
63
61
52
14
31
2018
2019
2020
2021
2022
2023
Number of seats filled
56
50
48
46
42
29
2018
2019
2020
2021
2022
2023
Average age at appointment
58
58
57
57
56
56
2018
2019
2020
2021
2022
2023
CEO & Board of Directors Practice
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About the research
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.
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.
Kit Bingham
London
kbingham@heidrick.com
Alice Breeden
London
abreeden@heidrick.com
Europe CEO & Board of Directors Practice
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