Board Access for CMOs Is Improving. Slowly.

Published on April 17, 2026

Board composition at large public companies has historically skewed toward CEOs, CFOs, and operators with direct P&L accountability. That is changing, but not as fast as the enthusiasm around it suggests.

Functional leaders including marketing, sales, and operations now account for 25% of new S&P 500 director appointments, up from 18% fifteen years ago. …

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