December 2021 Report Summary

december 2021The Percentage of Women Joining Boards of Public Companies Reaches a High of 45.8% With 70% of These Being First-Time Appointments, Decemeber 2021 Report Shows In December 2021 the percentage of women appointed to the board of U.S. public companies reached an all-time high! Public companies appointed 179 women to board and 212 men to their boards. This means women comprised 45.8% of all new public board appointments! This high mark builds off an average 12-month trend where the average percentage of women appointed to the boards of public companies is 43%. In December, we’ve also seen the most diversity on public boards since we’ve started tracking this data. 26.2% of the december 2021 newly appointed directors self-identified as people of color While only 47 of the newly appointed female Board members (26.2% of new women appointments) chose to self-disclose their race, we continue to see increased diversification within this set. In December, we see Asian/Pacific Islander women take the lead in board appointments with 20 women being appointed to public boards, making up 42.5% of the 47 women. They are closely followed by 14 Black/African American women, 9 Hispanic women, 2 Middle Eastern / North African women, 1 Indigenous woman, and 1 multi-Racial woman. Buzzfeed, Inc., Airbnb, Inc., and Skechers U.S.A., Inc. are some of the companies that appointed this phenomenal group of diverse women to their boards. Of the 179 women appointed the boards of public companies, 124 (70%) were first time board appointments, and this percentage is remarkable. Thus, the trend to build the pipeline and number of first-time female board directors continues to rise. In December, Healthcare companies led the way in the appointment of women followed by Real Estate companies and Financial Services; with women appointed filling 30.1% of board seats at healthcare companies. In the Financial Services sector, we see strides being made by women at companies like Hennessy Advisors, Inc. and Heritage Global Inc. Since we started publishing this monthly report in October 2020, we find a consistent trend in increasing the number of women board appointments as well as more diverse and first-time board appointments. The trend of over 40% of appointments being women is met with our call to diversify and self-disclose, and also to build out the pipeline of women joining the boards of public and private companies. 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 women 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.
3D Systems Corporation Claudia Drayton Technology Hispanic / Latino
a.k.a. Brands Holdings Corp. Illene Eskenazi Consumer Cyclical
AdTheorent Holding Company, Inc. Danielle Qi Communication Services
AdvanSix Inc. Farha Aslam Basic Materials Asian / Pacific Islander
Airbnb, Inc. Amrita Ahuja Consumer Cyclical Asian / Pacific Islander
Alamo Group Inc. Nina C Grooms Industrials
Altair Engineering Inc. Sandra Ann Carter Technology
Altus Power, Inc. Christine Rose Detrick Utilities
Altus Power, Inc. Sharon R. Daley Utilities
A-Mark Precious Metals, Inc. Carol Meltzer Financial Services
American Shared Hospital Services Kathleen Miles Real Estate
American Vanguard Corporation Marisol Angelini Basic Materials Hispanic / Latino
Apartment Income REIT Corp. Kristin Finney-Cooke Real Estate Black / African American
Apartment Income REIT Corp. Margarita Palau-Hernandez Real Estate Hispanic / Latino
Apollo Medical Holdings, Inc. Weili Dai Healthcare Asian / Pacific Islander
Apollo Medical Holdings, Inc. Lorraine J. Estradas Healthcare
Arbor Realty Trust, Inc. Caryn Effron Real Estate
Arcosa, Inc. Julie A. Piggott Industrials
Arcturus Therapeutics Holdings Inc. Dr. Jing L. Marantz M.D., Ph.D. Healthcare Asian / Pacific Islander
Ares Commercial Real Estate Corporation Rebecca J. Parekh Real Estate
Ares Management Corporation Eileen Naughton Financial Services
ATI Physical Therapy, Inc. Teresa F. Sparks Healthcare
B. Riley Financial, Inc. Tamara Sue Brandt Financial Services
Baxter International Inc. Nancy M. Schlichting Healthcare
BayCom Corp Keary L. Colwell Financial Services
BayCom Corp Janet Lee King Financial Services
Berkeley Lights, Inc. Dr. Jessica Hopfield Ph.D. Healthcare Holdings, Inc. Pamela Joyce Braden Technology
BK Technologies Corporation Inez Tenenbaum Technology
Blend Labs, Inc. Ciara A. Burnham Technology
Blueprint Medicines Corporation Daniella Beckman