February 2024 Report Summary

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

In February, women comprised 27.9%  of new appointments to the boards of public companies. Public companies appointed 69 women to boards and 178 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. 

While only 15 of the newly appointed women board members (21.7% 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.

February 2024 (4)
February 2024 Report

In February, Asian/Pacific Islander women took the lead in board appointments with 8 women being appointed to public boards, making up 53.3% of all appointments. They are closely followed by 5 Black / African American women (33.3%). Companies such as Apple Inc., United Airlines Holdings, Inc., and UiPath Inc. are leading the way as part of a phenomenal group that have appointed diverse women to their boards. 

Of the 69 women appointed to the boards of public companies, 27, or 39.1%, were first-time board appointments. In February, Healthcare companies led the way in the appointment of women followed by  Consumer Cyclical companies, with appointed women filling 23.2% of board seats at Healthcare companies and 17.4% each at Consumer Cyclical companies. In the Consumer Cyclical industry, we see strides being made by women at companies like Kirkland’s, Inc.

February 2024 (1)

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 on BoardEdge
Kirkland's, Inc. Amy Ervin Sullivan Consumer Cyclical
Community Bank System, Inc. Michele Sullivan Financial Services
Consolidated Edison, Inc. Catherine Zoi Utilities
CTS Corporation Amy M. Dodrill Technology
HF Sinclair Corporation Jeanne M. Johns Energy
Equity LifeStyle Properties, Inc. Radhika Papandreou Real Estate
Mattel, Inc. Consumer Cyclical
Microchip Technology Incorporated Ellen L. Barker Technology
Patterson Companies, Inc. Pamela Tomczik Healthcare
Revvity, Inc. Dr. Sophie V. Vandebroek Ph.D Healthcare
Pitney Bowes Inc. Jill E. Sutton Industrials
Trimble Inc. Kara Sprague Technology
Tyson Foods, Inc. Katherine B. Quinn Consumer Defensive
V.F. Corporation Consumer Cyclical
Vail Resorts, Inc. Iris Knobloch Consumer Cyclical
Watts Water Technologies, Inc. Rebecca Boll Industrials
JetBlue Airways Corporation Joanna Geraghty Industrials
Ameris Bancorp Claire E. McLean Financial Services
Superior Group of Companies, Inc. Loreen M. Spencer Consumer Cyclical
Superior Group of Companies, Inc. Susan E. Lattmann Consumer Cyclical
Northfield Bancorp, Inc. Financial Services Asian / Pacific Islander
Zymeworks Inc. Dr. Alessandra Cesano M.D., Ph.D. Healthcare
The Chefs' Warehouse, Inc. Debra Walton Consumer Defensive
National Vision Holdings, Inc. Susan C. O'Farrell Consumer Cyclical
UiPath Inc. June Yang Technology Asian / Pacific Islander
CNS Pharmaceuticals, Inc. Amy Mahery Healthcare
Terns Pharmaceuticals, Inc. Amy L. Burroughs Healthcare
Solidion Technology Inc. Cynthia Ekberg Tsai Industrials
Solidion Technology Inc. Dr. Yang Shao-Horn Industrials Asian / Pacific Islander
MetLife, Inc. Laura J. Hay Financial Services
Albany International Corp. Bonnie Cruickshank Lind Consumer Cyclical
ATI Inc. Kimberly A. Fields Industrials
Apple Inc. Wanda Austin Technology Black / African American
FirstEnergy Corp. Heidi Boyd Utilities
Motorola Solutions, Inc. Nicole Anasenes Technology
Oceaneering International, Inc. Reema Poddar Energy Asian / Pacific Islander
Linde plc Paula Rosput Reynolds Basic Materials
Stepan Company Susan M. Lewis Basic Materials
ACI Worldwide, Inc. Katrinka McCallum Technology
United Airlines Holdings, Inc. Anne Worster Industrials
United Airlines Holdings, Inc. Rosalind G. Brewer Industrials Black / African American
Kemper Corporation Suzet M. McKinney Financial Services Black / African American
Euronet Worldwide, Inc. Sara Baack Technology
Spirit AeroSystems Holdings, Inc. Jane P. Chappell Industrials
iCAD, Inc. Hedvig Hricak Healthcare
Applied Digital Corporation Financial Services Asian / Pacific Islander
Signet Jewelers Limited Consumer Cyclical
Sabre Corporation Elaine Paul Technology Multi-racial
Coherus BioSciences, Inc. Georgia Erbez Healthcare
National Storage Affiliates Trust Lisa R. Cohn Real Estate
Provident Bancorp, Inc. Julienne C. Cassarino Financial Services
Alpha Metallurgical Resources, Inc. Shelly C. Lombard Energy Black / African American
Scholar Rock Holding Corporation Katie Peng Healthcare Asian / Pacific Islander
Nikola Corporation Carla M. Tully Consumer Cyclical
Gryphon Digital Mining, Inc. Brittany Kaiser Healthcare
Gryphon Digital Mining, Inc. Heather M. Cox Healthcare
Canoo Inc. Deborah B. Diaz Consumer Cyclical Hispanic / Latino
Tevogen Bio Holdings Inc. Lindee Goh Healthcare Asian / Pacific Islander
Tevogen Bio Holdings Inc. Susan M. Podlogar Healthcare
DIH Holding US, Inc. Healthcare
Cadiz Inc. Barbara Lloyd Utilities
Lumen Technologies, Inc. Diankha Linear Communication Services Black / African American
Texas Roadhouse, Inc. Jane Grote Abell Consumer Cyclical
Renovaro Inc. Karen Brink Healthcare
Y-mAbs Therapeutics, Inc. Dr. Mary Tagliaferri M.D. Healthcare
Bausch + Lomb Corporation Karen Ling Healthcare Asian / Pacific Islander
Cactus Acquisition Corp. 1 Limited Financial Services
SharpLink Gaming, Inc. Leslie Bernhard Communication Services
Sezzle Inc. Karen Webster Financial Services
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