50/50 WOMEN ON BOARDS


Associated tags: Movement, Research, Woman, African Women on Board, Russell, Directory, Russell 3000 Index

Locations: MEXICO, CANADA, NEVADA, WASHINGTON, LOS ANGELES, LONDON, TOKYO, MISSOURI, MINNESOTA, BOSTON, CHICAGO, CALIFORNIA, RUSSELL, NORTH AMERICA, AMERICAS, GB, OHIO, MARYLAND, FLORIDA, MICHIGAN, UTAH

50/50 WOMEN ON BOARDS KICKS OFF SECOND ANNUAL 50 WOMEN TO WATCH FOR BOARDS CAMPAIGN

Retrieved on: 
Friday, March 8, 2024

LOS ANGELES, March 8, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading global nonprofit education and advocacy organization driving the movement toward gender balance and diversity on corporate boards, kicks-off  its second annual 50 Women to Watch for Boards campaign on International Women's Day.

Key Points: 
  • "We are steadfast in our mission of amplifying women in the pipeline for corporate board leadership," stated Heather Spilsbury, CEO of 50/50 Women on Boards.
  • According to 50/50 Women on Boards' 2023 Q4 Gender Diversity Index Research, 43 percent of Russell 3000 Index companies still have two or fewer women on their boards.
  • The 50 Women to Watch for Boards campaign addresses this disparity by providing corporations, nominating and corporate governance committee chairs, and recruiters access to a curated list of highly accomplished women ready to serve on public company boards.
  • To be eligible for the 50 Women to Watch for Boards list, candidates must be based in North America.

50/50 WOMEN ON BOARDS REVEALS FOURTH QUARTER 2023 GENDER DIVERSITY INDEX

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, today shared its Gender Diversity Index Fourth Quarter 2023 Findings. The organization announced that as of December 31, 2023, women hold only 29.4 percent of the Russell 3000 company board seats. This represents a 0.2 percent increase from the previous quarter in 2023. The full report is available for download here.

Key Points: 
  • Key Findings Show Public Companies' Slow Progress in Advancing Gender Diversity On U.S. Corporate Boards; Consumer Cyclical and Consumer Defensive Industries Show Highest Progress
    LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, today shared its Gender Diversity Index Fourth Quarter 2023 Findings .
  • Women hold only 29.4% of the Russell 3000 company board seats, representing a 0.2% increase from last quarter in 2023.
  • In Q4 2023, the number of gender-balanced boards increased by eight companies from the previous quarter, and boards with three or more women increased by two companies.
  • State-level data offers insights into gender diversity, as reflected by the percentage of women on boards and gender-balanced boards in the 25 states with more than 20 publicly traded companies.

50/50 Women on Boards Commends Its Global Sponsors for Their Commitment to Diversity on Boards

Retrieved on: 
Monday, December 18, 2023

LOS ANGELES, Dec. 18, 2023 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading global nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, recognized its Premier Global Sponsor, EY; Global Sponsors Mastercard, Wells Fargo, Equilar, McKesson and Jamison; as well as Official Airline United Airlines for their leadership and commitment to the critical importance of tapping into diverse perspectives to create inclusive corporate boardrooms at The Global Conversation on Board Diversity™ held on Nov. 14, 2023.

Key Points: 
  • More than 4,000 women heard from expert panels of women Board of Directors on how they forged a Path to the Boardroom.
  • "Women on boards can positively impact profitability and productivity of organizations by bringing their diverse skills and experiences to organizational governance," said Kris Pederson, Americas Leader of the EY Center for Board Matters.
  • "The EY organization's support of 50/50 Women on Boards is one way we support board diversity to achieve more inclusive governance that can drive long-term value and strengthen business strategy."
  • "We are grateful for these enlightened and engaged organizations with leaders who are helping to raise awareness and drive action for the business imperative of diverse and gender-balanced boards.

50/50 Women on Boards Appoints Heather Spilsbury as Chief Executive Officer

Retrieved on: 
Thursday, November 16, 2023

LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- 50/50 Women on Boards ™ (50/50WOB) today announced the appointment of Heather Spilsbury as its new Chief Executive Officer as of Jan. 1, 2024.

Key Points: 
  • LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- 50/50 Women on Boards ™ (50/50WOB) today announced the appointment of Heather Spilsbury as its new Chief Executive Officer as of Jan. 1, 2024.
  • Spilsbury joined 50/50WOB in 2020 and has served as Chief Operating Officer and Chief Marketing Officer for the organization.
  • Heather Spilsbury to lead 50/50 Women on Boards into its next phase of growth as Chief Executive Officer.
  • Spilsbury joined 50/50WOB in 2020, then 2020 Women on Boards, as Chief Marketing Officer and led the organization through a digital transformation, operational restructuring and a rebrand within her first six months.

Jessica Alba, Carla Vernón, Titi Cole and Tracey Brown to Headline The Global Conversation on Board Diversity™: Women Leaders Accelerating Boardroom Change

Retrieved on: 
Tuesday, October 3, 2023

LOS ANGELES, Oct. 3, 2023 /PRNewswire/ -- On Nov. 14, 2023, 50/50 Women on Boards™ will present The Global Conversation on Board Diversity™, an annual broadcast designed to accelerate positive change in corporate boardrooms. This remarkable occasion will cap off a series of 20 in-person strategic networking sessions held across the globe, culminating in a one-hour virtual conversation with global women leaders.

Key Points: 
  • This remarkable occasion will cap off a series of 20 in-person strategic networking sessions held across the globe, culminating in a one-hour virtual conversation with global women leaders.
  • The virtual broadcast will feature a live interview with Jessica Alba, Founder, Chief Creative Officer, and Board Director of The Honest Company.
  • Through The Global Conversation on Board Diversity and our in-person city events, we empower women to pursue board service opportunities by building their networks."
  • This momentous occasion will mark the first gathering of all 50 women, celebrating 50/50 Women in Boards' inaugural list.

50/50 Women on Boards™ Annual Gender Diversity Index™ Study Reveals the Pace Continues to Decline for Women Joining Boards

Retrieved on: 
Tuesday, September 19, 2023

Using the data provided by Equilar, the 50/50 Women on Boards Gender Diversity Index™ reveals that boards exhibit greater diversity "When Women Lead" and hold the position of CEO, Board Chair or Nominating Committee Chair.

Key Points: 
  • Using the data provided by Equilar, the 50/50 Women on Boards Gender Diversity Index™ reveals that boards exhibit greater diversity "When Women Lead" and hold the position of CEO, Board Chair or Nominating Committee Chair.
  • When women hold all three positions, the percentage of women on those boards is 48%, nearing gender parity.
  • "For more than a decade, 50/50 Women on Boards has committed to advancing gender diversity on corporate boards.
  • While we've made notable progress, the recent decline in women joining boards is cause for concern," said Heather Spilsbury, COO/CMO of 50/50WOB.

50/50 Women on Boards and EY US to expand board diversity and development efforts

Retrieved on: 
Tuesday, August 1, 2023

LOS ANGELES, Aug. 1, 2023 /PRNewswire/ -- 50/50 Women on Boards ™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, and Ernst & Young LLP (EY US) are joining forces to expand their board diversity and development efforts.

Key Points: 
  • LOS ANGELES, Aug. 1, 2023 /PRNewswire/ -- 50/50 Women on Boards ™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, and Ernst & Young LLP (EY US) are joining forces to expand their board diversity and development efforts.
  • EY US, a long-standing sponsor of 50/50WOB, reaffirms its commitment to empowering female board candidates and driving the success of board directors through its EY Center for Board Matters .
  • "More women on corporate boards leads to positive impacts on profitability, productivity and workforce engagement: It's simply good business," said Betsy Berkhemer-Credaire, Chief Executive Officer of 50/50 Women on Boards.
  • "As a fellow board member, it is an honor to work with this esteemed group of women leaders and to support 50/50 Women on Boards.

50/50 Women on Boards Reveals Inaugural 50 Women to Watch for Boards List: Bridging the Gap for First-Time, Corporate Board-Ready Candidates From All Business Sectors

Retrieved on: 
Tuesday, June 20, 2023

This comprehensive approach ensures that companies bridge the gap in their search for highly qualified women directors.

Key Points: 
  • This comprehensive approach ensures that companies bridge the gap in their search for highly qualified women directors.
  • "The 50 Women to Watch for Boards initiative is groundbreaking, bridging the gender gap on corporate boards.
  • "We are thrilled to recognize the extraordinary accomplishments of the exceptional women on the inaugural 50 Women to Watch for Boards list.
  • For the full list of 50 Women to Watch for Boards, visit: https://5050wob.com/finalists-overview/

50/50 Women on Boards Launches "50 Women to Watch for Boards" Initiative

Retrieved on: 
Wednesday, March 8, 2023

LOS ANGELES, March 8, 2023 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, announced the launch of 50 Women to Watch for Boards, a curated list of board-ready women across North America that corporations can leverage for future board positions. This groundbreaking initiative for board service will help close the gender gap on corporate boards by recognizing the most highly qualified female talent whose experience and skills make them ready to serve on a public company board.

Key Points: 
  • However, as of December 31, 2022, women of color make-up only 7% of the total board seats of Russell 3000 companies and 463 companies have only one or zero women on their boards.
  • It is clear that more needs to be done to ensure that women are given equal opportunities to serve in leadership positions.
  • The 50 Women to Watch for Boards list is sponsored by Mastercard®.
  • 50/50WOB will announce the 50 Women to Watch for Boards in the Summer of 2023.

50/50 Women on Boards Reveals Fourth Quarter 2022 Gender Diversity Index™ Key Findings Show Percentage of Women Joining Boards Continued to Slip Below 2019 Numbers

Retrieved on: 
Thursday, February 16, 2023

LOS ANGELES, Feb. 16, 2023 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading nonprofit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, announced that as of Dec. 31, 2022, women hold only 28.4% of the Russell 3000 company board seats. This represents a 0.2% increase from the previous quarter, and a 1.7 percentage increase year-over-year. More disconcerting is the percentage of women joining boards continued to slip in Q4 2022 to 36% and worse, the percentage of women joining boards in 2022 was 39%, significantly lower than 2019 and 2021, which were over 40%. To reach gender parity by 2030, the percentage of women joining boards on an annual basis needs to surpass 50%.

Key Points: 
  • This represents a 0.2% increase from the previous quarter, and a 1.7 percentage increase year-over-year.
  • More disconcerting is the percentage of women joining boards continued to slip in Q4 2022 to 36% and worse, the percentage of women joining boards in 2022 was 39%, significantly lower than 2019 and 2021, which were over 40%.
  • To reach gender parity by 2030, the percentage of women joining boards on an annual basis needs to surpass 50%.
  • Using the data provided by Equilar, other significant Q4 2022 findings include:
    36% of the 414 directors who joined boards were female, the lowest percentage of women joining boards since the first six months of 2020.