Equal Measure: Corporate Directors Are Getting Younger, Slowly

In terms of corporate governance, experience trumps all, with the average age of board members at fashion and luxury companies hovering around 60 for nearly a decade. But that’s slowly changing, for family-controlled firms grooming the next generation of leaders, and for brands keen to inject knowledge about the Millennial mind-set, new business models and the Chinese consumer, according to Ethics & Boards, a Paris-based watchdog that compiles data on corporate governance.