• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

So you want to snag a corporate board seat

By
June 14, 2012, 12:59 PM ET
Add Fortune on Google for similar content.

FORTUNE — Dear Annie: I read your recent column on how to get noticed by executive recruiters, which is actually how I got my current job a few years ago, but does the same advice apply to attracting headhunters who fill board seats? I am a chief financial officer at a medium-sized private company and have served on a couple of nonprofit boards, including one for a national organization, but I haven’t yet cracked the code for getting asked to join a corporate board. I understand this has traditionally been a matter of “who you know,” including who your golfing buddies are. Is that still true in this day and age? Do you (or your readers) have any inside tips on how to be considered for a directorship? — Ready and Waiting

Dear R.W.: You’ve chosen an interesting moment to ask, since many companies claim they’re having trouble finding enough board candidates who are both qualified and willing. That’s partly because federal laws and regulations, including Sarbanes-Oxley and Dodd-Frank, have made board membership more demanding and time-consuming than it used to be.

So this may be a good moment to go after a spot on a corporate board. In general, it does matter what kind of nonprofit board experience you have. “Anyone who wants to join a corporate board would do well to start with membership in the board of a health care or hospital system,” says Ralph Ward, editor and publisher since 1997 of the newsletter Boardroom Insider. “With all the consolidation going on in health care now, those boards are dealing with huge budgets, and with complex financial and strategic issues, that are very similar to what corporate directors have to tackle.”

MORE: How an upstart bat maker swings against Louisville Slugger

Since you mention that you got your current job through a headhunter, get in touch with that person. “Some recruiters do specialize in finding board members, but a better way to go is to work through an executive recruiter you already know, even if directorships are outside his or her usual area,” says Ward. “A referral from someone who is already a fan of yours is much more likely to get you somewhere than ‘cold calling’ a recruiter who knows nothing about you.”

At the same time, getting picked for a board seat is still, as you note, largely a matter of knowing the right people who are already on boards, so be ready to do some serious targeted networking. “First, identify which board, or boards, you’d like to join,” suggests Mark Rogers, a Boston attorney who runs BoardProspects, an online service aimed at matching qualified candidates with openings. “Then find ways to connect with the people on them, a few of whom you may already know indirectly through your nonprofit activities.”

Be patient, Rogers advises: “It may take a year or two for the right opportunity to come along. This is a long process.” Social media may speed things up a bit. “Do some research into governance-related groups on LinkedIn,” Ralph Ward suggests. “Find the most active ones, and join them. Participating in discussions, chiming in with comments and insights, can get you noticed.”

 

He adds that “there’s also a lot of governance-related tweeting going on. So get your name out there. Look up ‘corporate governance’ or ‘corporate boards’ on Twitter and start following people you find that way. It takes an investment of time, but it does often result in being tapped for a board seat.”

MORE: PowerPoint abuse: How to kick the habit

Don’t neglect to mention to your boss that you’re doing this. “Often the biggest obstacle people face is getting their bosses’ okay. Directorships are time-consuming and, especially in rough economic times, CEOs usually hesitate to let their C-level people take on outside commitments,” Ward says. “They want your full attention focused on your day job.”

It might help if you can make the case that a particular directorship is likely to make you even better at the work you’re already doing — perhaps by letting you rub elbows with potential new customers, or giving you broader experience with long-range financial planning.

If all this sounds daunting, it is. But once you’ve been picked for one board seat, Ward says, “you’ll go from famine to feast. Getting on your first board is tough. After that, you’ll probably get more offers than you can handle.”

That was Mark Rogers’ experience: Within a year of snagging his first directorship, he was tapped for five more. He started BoardProspects, he says, because “while I was still looking for my first seat, I ran across so many qualified, talented people who were looking, too. There just was no direct, efficient way for us to connect to the boards that had openings to fill.”

Good luck.

Add Fortune on Google for similar content.

Latest in blogging

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
16 hours ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
14 hours ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.