December 2023 Report Summary

Companies continue to diversify board composition by appointing women to the board of public companies.

In December, women comprised 35.8%  of new appointments to the boards of public companies. Public companies appointed 86 women to boards and 240 men to their boards. The pressure to increase diversity at the board level remains critical to ensuring the advancement of women moving into board positions. 

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While only 16 of the newly appointed women board members (18.8% of new women appointments) chose to self-disclose their race, boards must continue to diversify and the data continues to highlight the value of disclosure. 

In December, Asian/Pacific Islander women took the lead in board appointments with 9 women each being appointed to public boards, making up 62.5% of all appointments. They are closely followed by 4 Black / African American women (25.0%). Companies such as The Honest Company, Inc., Dominion Energy, Inc., and Talkspace, Inc. are leading the way as part of a phenomenal group that have appointed diverse women to their boards. 

Of the 86 women appointed to the boards of public companies, 43, or 50.0%, were first-time board appointments. In December, Healthcare companies led the way in the appointment of women followed by  Technology, Industrials, and Consumer Cyclical companies, with appointed women filling 33.7% of board seats at Healthcare companies and 12.8% each at Technology, Industrials, and Consumer Cyclical companies. In the Technology industry, we see strides being made by women at companies like Microsoft Corporation.


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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 and analyze not only the numbers, diversity and profile of the women being appointed to boards; but the companies and industries in which female board members are present and how many of the overall board seats are held by women.

Company Title Industry Ethnicity
1-800-FLOWERS.COM, Inc. Christina Shim Consumer Cyclical
Align Technology, Inc. Mojdeh Poul Healthcare Middle Eastern / North African
Air Products and Chemicals, Inc. Jessica Trocchi Graziano Basic Materials
Alexandria Real Estate Equities, Inc. Sheila K. McGrath Real Estate
Dominion Energy, Inc. Vanessa L. Allen Sutherland Utilities Black / African American
Flowserve Corporation Cheryl H. Johnson Industrials Black / African American
General Electric Company Margaret S. Billson Industrials
IDT Corporation Communication Services
Interface, Inc. Catherine Marcus Consumer Cyclical
IBM Marianne Catherine Brown Technology
Jacobs Solutions Inc. Julie A. Sloat Industrials
Microsoft Corporation Catherine MacGregor Technology
Cornerstone Building Brands, Inc. Naomi Garlick Industrials
The Procter & Gamble Company Ashley McEvoy Consumer Defensive
Robert Half Inc. Jana L. Barsten Industrials
Semtech Corporation Julie Garcia Ruehl Technology
Tenet Healthcare Corporation Dr. Vineeta Agarwala M.D., Ph.D. Healthcare Asian / Pacific Islander
Toll Brothers, Inc. Judith Reinsdorf Consumer Cyclical
Toll Brothers, Inc. Katherine M. Sandstrom Consumer Cyclical
The Wendy's Company Wendy C. Arlin Consumer Cyclical
Vertex Pharmaceuticals Incorporated Nancy A. Thornberry Healthcare
Atlantic Union Bankshares Corporation Michelle A. O'Hara Financial Services Asian / Pacific Islander
PAR Technology Corporation Linda Marie Crawford Technology
Gentherm Incorporated Laura Michele Kowalchik Consumer Cyclical
WEX Inc. Aimee Cardwell Technology
ACCO Brands Corporation Elizabeth Ann Simermeyer Industrials
Cinedigm Corp. Mary Ann Halford Communication Services
The Western Union Company Julie Cameron-Doe Financial Services
Holly Energy Partners, L.P. Vaishali S. Bhatia Energy Asian / Pacific Islander
Axos Financial, Inc. Sara Wardell-Smith Financial Services
Zymeworks Inc. Healthcare
Beam Global Judith Finger Krandel Technology
Forum Energy Technologies, Inc. Leslie Ann Beyer Energy
Invitae Corporation Jill Kathleen Frizzley Healthcare
Bristow Group Inc. Technology Asian/ Pacific Islander
MongoDB, Inc. Ann Lewnes Healthcare
TFF Pharmaceuticals, Inc. Catherine Chai-zon Lee Healthcare Asian / Pacific Islander
Beam Therapeutics Inc. Christi Shaw Healthcare
IAC Inc. Maria Seferian Communication Services
IN8bio, Inc. Corinne Epperly M.D. Healthcare
Olaplex Holdings, Inc. Amanda Baldwin Consumer Cyclical
Worthington Steel, Inc. Mary Fackler Schiavo Basic Materials
Worthington Steel, Inc. Nancy G. Mistretta Basic Materials
BioMarin Pharmaceutical Inc. Barbara W. Bodem Healthcare
BioMarin Pharmaceutical Inc. Dr. Athena M. Countouriotis M.D. Healthcare
Albertsons Companies, Inc. Sarah Mensah Consumer Defensive Black / African American
Molson Coors Beverage Company Jill Timm Consumer Defensive
FedEx Corporation Silvia Davila Industrials
Henry Schein, Inc. Carole T. Faig Healthcare
Jewett-Cameron Trading Company Ltd. Subriana Pierce Basic Materials Black / African American
AxoGen, Inc. Kathy Johnson Weiler Healthcare
Neoleukin Therapeutics, Inc. Dr. Rachel McMinn Ph.D. Healthcare
Chimerix, Inc. Lisa Lynn Decker Ph.D. Healthcare
International Money Express, Inc. Karen Higgins-Carter Technology
Inspire Medical Systems, Inc. Dr. Myriam J. Curet M.D. Healthcare Hispanic / Latino
Alerus Financial Corporation Nikki Sorum Financial Services
bioAffinity Technologies, Inc. Jamie Platt Ph.D. Healthcare
Autolus Therapeutics plc Elisabeth Leiderman, MD Healthcare
YETI Holdings, Inc. Elizabeth L. Axelrod Consumer Cyclical
NRx Pharmaceuticals, Inc. Janet Rehnquist Healthcare
Talkspace, Inc. Liat Benzur Healthcare
Talkspace, Inc. Swati Bargotra Abbott Healthcare Asian / Pacific Islander
GoodRx Holdings, Inc. Kelly J. Kennedy Healthcare
Cano Health, Inc. Healthcare
Cano Health, Inc. Patricia Ferrari Healthcare
Marpai, Inc. Healthcare
Volato Group, Inc. Dr. Dana H. Born Industrials
Volato Group, Inc. Joan Sullivan Garrett Industrials
Volato Group, Inc. Katherine Arris-Wilson Industrials
Acelyrin, Inc. Lynn A. Tetrault J.D. Healthcare
Engene Holdings Inc. Healthcare
ZKH Group Limited Consumer Cyclical Asian / Pacific Islander
SRIVARU Holding Limited Lata Gullapalli Consumer Cyclical Asian / Pacific Islander
STAAR Surgical Company Lilian Yansheng Zhou Healthcare Asian / Pacific Islander
EchoStar Corporation Cantey M. Ergen Technology
EchoStar Corporation Kathleen Q. Abernathy Technology
Smith-Midland Corporation Read Van de Water Basic Materials
Poseida Therapeutics, Inc. Dr. Kristin Yarema Ph.D. Healthcare
Lyft, Inc. Jill Beggs Technology
Janus International Group, Inc. Eileen M. Youds Industrials
ECD Automotive Design, Inc. Emily Jayne Humble Consumer Cyclical
China Green Agriculture, Inc. Basic Materials
The Honest Company, Inc. Andrea Turner Consumer Defensive
The Honest Company, Inc. Alissa Hsu Lynch Consumer Defensive Asian / Pacific Islander
AG Mortgage Investment Trust, Inc. Lisa Quateman Real Estate