August 2022 Report Summary

Board Appointments by Gender August 2022As the summer ends, companies continue to diversify board composition by appointing women to the board of public companies. In August, women comprised 35.7% of new appointments to the boards of public companies. Public companies appointed 94 women to boards and 169 men to their boards. This decrease is unfortunate as certain companies like L’Oreal Group and Accenture have parity on boards and the pressure to increase diversity from the C-Suite to the board level remains.

While only 24 of the newly appointed women Board members (23.4% of new women appointments) chose to self-disclose their race, we continue to see diversification and continue to highlight the need to disclose. In August, Asian/Pacific Islander women took the lead in board appointments with 11 women being appointed to public boards, making up 11.7% of all appointments. They are closely followed by 8 Black/African American women (8.5%), 2 Latin / Hispanic women (2.12%), and 1 Indigenous woman (1.1%). eBay Inc., Target Corporation, and Squarespace, Inc., are some of the companies that appointed this phenomenal group of diverse women to their boards.

23.4% of the August 2022 newly appointed directors self-identified as people of colorOf the 94 women appointed to the boards of public companies, 42, or 45%, were first time board appointments. In August, Healthcare companies led the way in the appointment of women followed by Technology companies and Industrial companies; with appointed women filling 24.4% of board seats at healthcare companies and 17.02% appointed to Tech companies. In the Industrial sector, we see strides being made by women at companies like Tecnoglass Inc.


Equilar and WBC are tracking and analyzing the growth and rotation of board seats on public companies and the expanding candidate pool. We will continue to track not only the women in terms of numbers, diversity and profile; but the companies and industries in which female board members are present and how many of the overall board seats are held by women. Please join us in celebrating, tracking, analyzing, and promoting women serving on corporate boards.

1847 Holdings LLCTracy S Harris IndustrialsBlack / African American
Agios Pharmaceuticals, Inc.Cynthia Smith Healthcare
Akili, Inc.Christine Lemke Healthcare
Albireo Pharma, Inc.Susan Alesina Healthcare
Allbirds, Inc.Ann Freeman Consumer Cyclical
AMETEK, Inc.Suzanne L. StefanyIndustrials
Applied Industrial Technologies, Inc.Shelly Marie Chadwick Industrials
Atlantic Union Bankshares CorporationHeather Cox Financial Services
Badger Meter, Inc.Xia LiuIndustrialsAsian / Pacific Islander
Bloomin' Brands, Inc.Julie Kunkel Consumer Cyclical
Bloomin' Brands, Inc.Melanie Marein-Efron Consumer Cyclical
BlueLinx Holdings Inc.Marietta Edmunds ZakasIndustrials
BSQUARE CorporationBernee Strom Technology
Calumet Specialty Products Partners, L.P.Karen A. Twitchell Energy
Candel Therapeutics, Inc.Renee M. Gaeta Healthcare
Cass Information Systems, Inc.Ann W. Marr IndustrialsBlack / African American
Cedar Realty Trust, Inc.Crystal Plum Real Estate
Cedar Realty Trust, Inc.E. J. Borrack Real Estate
Cedar Realty Trust, Inc.Paula J. Poskon Real Estate
CEL-SCI CorporationDr. Gail K. Naughton Ph.D.Healthcare
Cisco Systems, Inc.Sarah Rae Murphy Technology
Clean Harbors, Inc.Alison A. Quirk Industrials
Conagra Brands, Inc.Denise A. Paulonis Consumer Defensive
Crescent Capital BDC, Inc.Susan Yun Lee Financial Services
CSG Systems International, Inc.Rachel A. Barger Technology
Cumulus Media Inc.Deborah Farrington Communication Services
Dakota Gold Corp.Alice D. Schroeder Basic Materials
Danimer Scientific, Inc.Allison M. Leopold Tilley Basic Materials
Danimer Scientific, Inc.Cynthia R. Cohen Basic Materials
Dave Inc.Teresa Luna Aragones TechnologyAsian / Pacific Islander
Dominion Energy, Inc.Kristin G. Lovejoy Utilities
Doximity, Inc.Phoebe L. Yang HealthcareAsian / Pacific Islander
Dutch Bros Inc.Ann M. Miller Consumer Cyclical
eBay Inc.Aparna Chennapragada Consumer CyclicalAsian / Pacific Islander
Fluence Energy, Inc.Tish Mendoza UtilitiesHispanic / Latino
Foghorn Therapeutics Inc.B. Lynne Parshall Healthcare
General Motors CompanyJoanne C. Crevoiserat Consumer Cyclical
GeoVax Labs, Inc.Nicole Lemerond Healthcare
Ginkgo Bioworks Holdings, Inc.Kathy Hopinkah Hannan, Ph.D. HealthcareIndigenous People
InMed Pharmaceuticals Inc.Nicole Lemerond Healthcare
INNOVATE Corp.Amy Marie Wilkinson