When silver is gold for company boards: Over 300 directors 'octogenarians'

321 company directors are octogenarians, 22 are over 90, largest chunk in 45-60 band

Some 343 company board directors are old enough to have been around at the time of World War II. There are 321 directors who are in the age bracket of 81-90 years, according to data from primeinfobase.com. Another 22 on company boards have crossed 90.

However, there are many in corporate India hanging up their boots. Larsen and Toubro chairman A M Naik is among the recent examples. Naik indicated in an interview that he would step down as non-executive chairman in October. He’s 80.        

At present, the largest number of individuals serving on company boards are aged between