December 2020 Report Summary

As we close out 2020 and reflect on the challenges we faced and opportunities 2021 brings, the Women Business Collaborative (WBC) celebrates good news from the private sector: the number of women and diverse women appointed to board of public companies continues to increase. This upward trend gives us hope, even at the end of a challenging year. The private sector is paying attention to the calls for diverse leadership for boards to look more like the composition of the population, communities, customers and partners.

In December 2020, public companies appointed 107 women to Boards of public companies as compared to 175 men. Women comprised 37.8% of overall board appointments. This reflects an upward trend in the 4th quarter of 2020 with women comprising on average 41% of appointees.

In December, 28 women self-identified as women of color with 13 identifying as African American.

The trends appointments of diverse women continue to be positive. In December, 28 of the women appointed identified as women of color with women identifying as African American leading the way with 13 seats. Nine of these African American women are first time board members which means the pool of women holding board seats of public companies is growing. This is exactly what the WBC and its partners and champions are calling for – parity in leadership positions on boards.

During 2020 the trend toward parity was positive. Women gained a net of 1,055 seats on board of public companies and replaced 115 seats previously held by men. Overall, women gained 2.3% points of seats on boards of public companies as shown in this figure:

As of 12/31/1980.8%19.2%
As of 12/31/2078.5%21.5%

12.5% of all 2020 newly appointed directors self-identified as people of color.
Directors identifying as people of color comprised 12.5% of all the appointments in 2020. As this information is self-reported, it is important to note that the percentage of people of color appointed to public boards could be higher.

 Asian / Pacific IslanderBlack / African AmericanHispanic / LatinoMiddle Eastern / North AfricanMulti-racial

The overall trends across companies shows an increase in both the number of women and people of color appointed to boards of public companies. In December, healthcare companies led the way with the appointment of 34 women, closely followed by the financial services industry. This reflects the 4th quarter trend of the healthcare and technology sectors leading the way.

Equilar and WBC are tracking and analyzing the growth and rotation of board seats and also the growth of the 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. The time is now for women to sit across all companies, boards, and sectors. Please, join us in celebrating, tracking, analyzing, and promoting women on boards of public companies.

Aeglea BioTherapeutics, Inc.Alison Frances LawtonHealthcare
Royal Caribbean GroupAmy C. McPhersonConsumer Cyclical
Fluidigm CorporationAna K. StankovicHealthcare
Rockwell Medical, Inc.Andrea Heslin SmileyHealthcare
Central Valley Community BancorpAndriana MajarianFinancial Services
Equity ResidentialAngela M. AmanReal Estate
Communications Systems, Inc.Anita KumarTechnologyAsian / Pacific Islander
Sabra Health Care REIT, Inc.Ann KonoReal Estate
Coty Inc.Anna Adeola MakanjuConsumer DefensiveMulti-racial
Zoetis Inc.Antoinette Renee LeatherberryHealthcareBlack / African American
Trane Technologies plcApril Miller BoiseIndustrialsBlack / African American
Parsons CorporationCarey A. SmithIndustrials
ESSA Bancorp, Inc.Carolyn StennettFinancial ServicesBlack / African American
Hanesbrands Inc.Cheryl K. BeebeConsumer Cyclical
LogicBio Therapeutics, Inc.Daphne KarydasHealthcare
Adverum Biotechnologies, Inc.Dawn SvoronosHealthcare
America First Multifamily Investors, L.P.Deborah A. WilsonFinancial Services
Rexford Industrial Realty, Inc.Debra L. MorrisReal Estate
BankFinancial CorporationDebra ZukonikFinancial Services
Karuna Therapeutics, Inc.Denice TorresHealthcareHispanic / Latino
AG Mortgage Investment Trust, Inc.Dianne HurleyReal Estate
Rhythm Pharmaceuticals, Inc.Dr. Camille L. Bedrosian M.D.Healthcare
CytomX Therapeutics, Inc.Dr. Mani Mohindru Ph.D.HealthcareAsian / Pacific Islander
Hexcel CorporationDr. Marilyn L. MinusIndustrials
BioAtla, Inc. and Keros Therapeutics, Inc.Dr. Mary Ann Gray Ph.D.Healthcare
Editas Medicine, Inc.Dr. Meeta Chatterjee Ph.D.HealthcareAsian / Pacific Islander
Johnson & JohnsonDr. Nadja Y. West M.D.HealthcareBlack / African American
Clever Leaves Holdings Inc.Elisabeth H. DeMarseHealthcare
DHI Group, Inc.Elizabeth B. SalomonIndustrials
Snap Inc.Elizabeth JenkinsCommunication Services
Cornerstone OnDemand, Inc.Felicia AlvaroTechnology
Roku, Inc.Gina A. LunaCommunication Services
Amedisys, Inc.Ivanetta Davis SamuelsHealthcare
ContextLogic Inc.Jacqueline D. ResesConsumer Cyclical
Motorcar Parts of America, Inc.Jamy P. RankinConsumer CyclicalBlack / African American
Navistar International CorporationJanet T. YeungIndustrials
Avid Bioservices, Inc.Jeanne ThomaHealthcare
Jazz Pharmaceuticals plcJennifer E. CookHealthcare
Mayville Engineering Company, Inc.Jennifer J. KentIndustrials
Wireless Telecom Group, Inc.Jennifer M. FritzscheTechnology
AMMO, Inc.Jessica M. LockettIndustrialsWhite / Caucasian
QTS Realty Trust, Inc.Joan Avalyn DempseyReal Estate
Chase CorporationJoan Wallace-BenjaminBasic MaterialsBlack / African American
Rush Street Interactive, Inc.Judith GoldConsumer Defensive
Sierra BancorpJulie G. CastleFinancial Services
Keurig Dr Pepper Inc.Justine TanConsumer Defensive
Genworth Financial, Inc.Karen E. DysonFinancial Services
Agree Realty CorporationKaren J. DearingReal Estate
TESSCO Technologies IncorporatedKathleen McLeanTechnology
Pandion Therapeutics, Inc.Katina DortonHealthcare
Athira Pharma, Inc.Kelly A. RomanoHealthcare
ANGI Homeservices Inc.Kendall HandlerCommunication Services
SeaWorld Entertainment, Inc.Kimberly K. SchaeferConsumer Cyclical
WD-40 CompanyLara L. LeeBasic MaterialsWhite / Caucasian
Columbia Banking System, Inc.Laura Alvarez SchragFinancial ServicesHispanic / Latino
Roku, Inc.Laurie HodrickCommunication Services
Rush Street Interactive, Inc.Leslie BluhmConsumer Defensive
IDT CorporationLiora SteinCommunication Services
Flagstar Bancorp, Inc.Lori JordanFinancial Services
AECOMLydia H. KennardIndustrialsBlack / African American
Rhythm Pharmaceuticals, Inc.Lynn A. TetraultHealthcare
Yumanity Therapeutics, Inc.Lynne Zydowsky Ph.D.Healthcare
Model N, Inc.Manisha Shetty GulatiTechnologyAsian / Pacific Islander
Geospace Technologies CorporationMargaret AshworthEnergy
Novavax, Inc.Margaret G. McGlynnHealthcare
Coty Inc.Maria Asuncion AramburuzabalaConsumer DefensiveHispanic / Latino
LiveXLive Media, Inc.Maria GarridoCommunication Services
Raymond James Financial, Inc.Marlene DebelFinancial Services
Ekso Bionics Holdings, Inc.Mary Ann CloydHealthcare
A10 Networks, Inc.Mary L. DotzTechnology
Nikola CorporationMary L. PetrovichConsumer Cyclical
Rogers CorporationMegan FaustTechnology
Cornerstone OnDemand, Inc.Nancy A. AltobelloTechnology
Allakos Inc.Natalie C. HollesHealthcare
Alpine Immune Sciences, Inc.Natasha A. HerndayHealthcare
Western Midstream Partners, LPNicole E. ClarkEnergy
Spectrum Pharmaceuticals, Inc.Nora BrennanHealthcare
Tapestry, Inc.Pamela LiffordConsumer CyclicalBlack / African American
Yumanity Therapeutics, Inc.Patricia L. AllenHealthcare
Apartment Investment and Management CompanyPatricia L. GibsonReal Estate
JPMorgan Chase & Co.Phebe N. NovakovicFinancial Services
Sprout Social, Inc.Raina MoskowitzTechnology
Applied Materials, Inc.Rani BorkarTechnologyAsian / Pacific Islander
Luther Burbank CorporationRenu AgrawalFinancial ServicesAsian / Pacific Islander
Ekso Bionics Holdings, Inc.Rhonda A. WallenHealthcareBlack / African American
vTv Therapeutics Inc.Robin Elizabeth AbramsHealthcare
The Williams Companies, Inc.Rose M. RobesonEnergy
MannKind CorporationSabrina KayHealthcareAsian / Pacific Islander
Sanara MedTech Inc.Sara N OrtweinHealthcare
Chegg, Inc.Sarah BondConsumer DefensiveBlack / African American
Intercontinental Exchange, Inc.Shantella Carr CooperFinancial ServicesBlack / African American
Herc Holdings Inc.Shari L. BurgessIndustrials
Rush Street Interactive, Inc.Sheli Z. RosenbergConsumer Defensive
1-800-FLOWERS.COM, Inc.Stephanie Redish HofmannConsumer Cyclical
Liberty Broadband CorporationSue Ann R. HamiltonCommunication Services
Nevro Corp.Susan E. SiegelHealthcareMulti-Racial
Sierra BancorpSusan M AbundisFinancial ServicesHispanic / Latino
BioAtla, Inc.Susan MoranHealthcare
The Cooper Companies, Inc.Teresa Smith MaddenHealthcare
ESSA Bancorp, Inc.Tina Q RichardsonFinancial ServicesBlack / African American
Flagstar Bancorp, Inc.Toan HuynhFinancial ServicesAsian / Pacific Islander
Sterling Bancorp, Inc. (Southfield, MI)Tracey A. DedrickFinancial Services
Sumo Logic, Inc.Tracey E. NewellTechnology
Columbia Banking System, Inc.Tracy Mack-AskewFinancial ServicesBlack / African American
Academy Sports and Outdoors, Inc.Wendy A. BeckConsumer Cyclical
Dollar Tree, Inc.Winifred ParkConsumer DefensiveAsian / Pacific Islander