Will AI replace corporate secretaries?
AI can assist with minutes and filings, but the Corporate Secretary's role as a governance advisor to the board is highly secure. They serve as a bridge between the board and management, a role defined by human trust.
Why AI struggles to replace this job
- AI cannot effectively manage the sensitive interpersonal dynamics of a Board of Directors.
- Interpreting the spirit of governance regulations, not just the letter of the law, requires human judgment.
- Maintaining the confidentiality of high-level board discussions involves a level of trust AI cannot provide.
- Coordinating the logistical and political nuances of annual shareholder meetings requires human tact.
Tasks AI could automate
- Transcribing board meeting audio into initial draft minutes.
- Managing the digital repository for corporate records and filings.
- Scheduling and organizing board committees and cyclical agendas.
- Tracking compliance deadlines for SEC and other regulatory filings.
The 10-year outlook
The role will become more focused on legal compliance and corporate governance advice. As regulations become more complex, the need for a human to navigate the interface between law and strategy will increase.
Common questions
Will AI replace corporate secretaries?
AI can assist with minutes and filings, but the Corporate Secretary's role as a governance advisor to the board is highly secure. They serve as a bridge between the board and management, a role defined by human trust.
What is the AI replacement risk for corporate secretaries?
Corporate Secretary scores 32/100 — This career is well shielded from AI replacement. Roughly 50% of the tasks in this role could be automated with current and near-future AI.
How much do corporate secretaries earn?
The US median salary for a corporate secretary is about $98,100 per year, with projected employment growth of +1% over the next decade (about average).