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Written by Timothy Smith

  • On average, S&P 500 directors have 2.1 outside corporate board affiliations, although most directors aren’t restricted from serving on more.
  • The number of boards with no female directors dropped to the lowest level we have seen; six S&P 500 boards (1%) have no women, a noteworthy decline from 2006, when 52 boards (11%) included no female members. Women now constitute 21% of all S&P 500 directors.
  • Among the boards of the 200 largest S&P companies, the total number of minority directors has held steady at 15% since 2011. 88% of the top 200 companies have at least one minority director, the same as 10 years ago.

Archived-Articles

The reasons — or perhaps excuses — are not new: not a priority . . . fear of change . . . unconscious bias.

directboardschiaBy Douglas Chia

In conversations with male and female board chairs, CEOs, and nominating committee members at Fortune 1000 companies, those were just some of the reasons heard for why women hold few board seats and why the rate of progress remains sluggish. The feedback came from approximately 60 meetings between business leaders at the non-partisan Committee for Economic Development (CED) and their networks of boardroom decision makers.

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Call to Action for companies to institute best practice policies in the director nominating process

Fort Washington, PA – Oct. 27, 2016 – Following its 5th Annual Summit on October 17 the Thirty Percent Coalition commends more than 100 companies that have added a woman to their board of directors following the Coalition’s landmark initiative, Adopt a Company Campaign, launched at the beginning of 2012.

  1. Diversifying the board – a step towards better governance
  2. Credit Suisse Research Institute Releases the CS Gender 3000 Report
  3. Rhonda Mims elected President of the Thirty Percent Coalition
  4. Interview / Podcast about the Thirty Percent Coalition's work

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