Are Term Limits Making a Comeback?

Agenda – A Financial Times Service Article Written by Amanda Gerut That Uses MyLogIQ Data – By Amanda Gerut November 27, 2017

Term limits have long been regarded as too blunt an instrument for board refreshment, particularly in comparison with annual board evaluations. But it appears that term limits may be poised to stage a comeback.

Data from SEC compliance and public company intelligence provider MyLogIQ shows that Procter & Gamble has an average tenure of eight years; Caterpillar has an average tenure of seven years; Intel, 8.8 years; American Express, 7.5 years; Apple, 7.6 years; Comcast, 5.8 years; and Verizon Communications, six years and three months.

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