Gender Diversity in Corporate America at a Standstill
ION’s Annual Census of Women Board Directors and Executive Officers of public companies includes 2014 data from U.S. corporations in the Russell 3000 (R3000).
As has been the case in the past, the numbers show little change – only 13% of the corporate board seats and executive officer positions in the R3000 are held by women.
- 897 companies have no women on their boards
- 31 of the companies with no women on their boards are Fortune 500 companies – 3 are Fortune 100 companies
- 37% of the companies in the R3000 have only 1 woman on their boards (making “one and done” standard operating procedure)
In somewhat better news:
- 402 companies in the R3000 have boards where women hold 25% or more of the director seats
- 5 companies have gender parity on their boards (50:50) and 4 are greater than 50% female
Consistent with research that shows that smaller companies lag behind the larger public companies in appointing women to their boards, we analyzed the top 1000 companies in the R3000 and compared the results to the numbers for the bottom two-thirds of the companies in the R3000 (companies 1001 to 2827 – also referred to as the Russell 2000). The difference is substantial:
- Women hold 17% of the board seats in the R1000 (companies 1-1000)
- Women hold only 11% of the board seats in the R2000 (companies 1001-3000)
For more information or a copy of the latest report: ION Reports
September 15, 2014
Financial Women’s Association Partners with Forbes for Special Section in 2015 Investment Guide
This is the fifth year that New York’s Financial Women’s Association (FWA) has partnered with Forbes to include a special section for the Forbes annual Investment Guide. The section, In Good Company: Women Answer the Global Talent Imperative, says companies are reshaping their definitions of leadership to include the skills and strengths women bring to those roles in order to develop and retain the leaders they need to meet the demands of the global economy. The section also highlights the work of FWA in advancing women’s leadership through its programs and services. (01/2015)