Board Diversity At An Impasse?

June 2017. Heidrick & Struggles.

The study points out that for the first time in ten years, the percentage of newly selected F500 directors who are women has dropped – from 29.8% in 2015 to 27.8% in 2016.  Just 117 of 421 new directors are women.  The implication is that the pressure is off companies to create more gender diversified boards.  I suspect many now believe that they have added a female director and that box is checked off.  Sadly, the overall percentage of women serving on F500 boards is not growing significantly –four out of every five directors are men.  Public pressure or peer pressure is needed to move the needle.

Interestingly, the turnover in F500 board seats was greater this year, and the total number of F500 directors has contracted – down almost 2%.

H&S CEO and Board Practice

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