February 2025 Report Summary
Companies continue to diversify board composition by appointing women to public company boards.
Women comprised 25.1% of new appointments to public boards of directors, with 61 women and 182 men appointed in February 2025.
The pressure to increase diversity at the board level remains critical to ensuring the advancement of women in boardrooms and professional environments overall.
While only 19.7% of the newly appointed women board members chose to self-disclose their race or ethnicity, boards must continue to prioritize both gender and racial diversity. The data continues to highlight the value of disclosure, as data gaps inhibit advocates and allies from understanding the complete picture of women’s representation on boards, especially for women of color (WOC), and where progress can be made.
In February, women who self-identified as Black / African American were represented highest in board appointments, with 5 women appointed to boards, making up about 8.2% of all appointed women.
Of the newly women appointed to the boards of public companies, 26 women, or 42.6%, were first-time board appointments. In February, Healthcare, Technology, and Industrials companies led the way in the appointment of women board directors with 12.2% of total appointments each.
Additionally, women affiliated with WBC Partner organizations also touted appointments in October, including: Julie A. Beck of Ellevate Network; Deborah G. Ellinger of Women Corporate Directors Foundation; Casey Santos of Latino Corporate Directors Association and Women’s Forum of New York; and Deneen L. Donnley of 50/50 Women on Boards.
Finally, WBC acknowledges companies leading the way this month include Digi International Inc. and Fold Holdings, Inc., which had the most reported women’s board appointments.
Equilar and WBC are tracking and analyzing the growth and rotation of board seats on public companies and the expanding candidate pool. Through our partnership, we will continue to track and analyze not only the count, diversity and profile of the women appointed to boards; but also the companies and industries where women are leading.
| Company | Director | Industry | Ethnicity |
|---|---|---|---|
| Accenture plc | Jennifer Nason  | Technology | |
| ACNB Corporation | Elizabeth F. Carson | Financial Services | |
| Ambarella, Inc. | Chantelle Yvette Breithaupt | Technology | |
| Arbutus Biopharma Corporation | Lindsay Androski | Healthcare | |
| Aspira Women's Health Inc. | Ellen Beausang | Healthcare | |
| Aspire Biopharma Holdings, Inc. | Barbara Sher | Healthcare | |
| Astronics Corporation | Fay West | Industrials | |
| Bio-Techne Corporation | Amy E. Herr | Healthcare | |
| Brady Corporation | Anne De Greef-Safft | Industrials | |
| Bruker Corporation | Laura A. Francis | Healthcare | |
| Callan JMB Inc. | Liberty Smith Duke | Industrials | |
| Camden National Corporation | Raina Maxwell | Financial Services | |
| Carpenter Technology Corporation | Julie A. Beck | Industrials | |
| Chewy, Inc. | Deborah G. Ellinger | Consumer Cyclical | |
| Collegium Pharmaceutical, Inc. | Nancy S. Lurker | Healthcare | |
| Delta Air Lines, Inc. | Judith J. McKenna | Industrials | |
| Digi International Inc. | Allison West Hughes | Technology | |
| Digi International Inc. | Valerie A. Heusinkveld | Technology | |
| Diodes Incorporated | Dr. Huey-Jen Jenny Su | Technology | Asian / Pacific Islander |
| DTE Energy Company | Casey Santos | Utilities | Hispanic / Latino |
| Dutch Bros Inc. | Kory Marchisotto | Consumer Cyclical | |
| Dynavax Technologies Corporation | Lauren Silvernail | Healthcare | |
| Fold Holdings, Inc. | Kirstin Hill | Financial Services | |
| Fold Holdings, Inc. | Lesley Goldwasser | Financial Services | |
| Fortrea Holdings Inc. | Erin L. Russell | Healthcare | |
| Global Industrial Company | Anesa T. Chaibi | Industrials | |
| HP Inc. | Songyee Yoon | Technology | Asian / Pacific Islander |
| IDEX Corporation | Stephanie J. Disher | Industrials | |
| InvenTrust Properties Corp. | Julie M. Swinehart | Real Estate | |
| IonQ, Inc. | Gabrielle B. Toledano | Technology | |
| J&J Snack Foods Corp. | Kathleen E. Ciaramello | Consumer Defensive | |
| John Wiley & Sons, Inc. | Dr. Karen N. Madden | Communication Services | |
| Levi Strauss & Co. | Artemis Patrick | Consumer Cyclical | Middle Eastern / North African |
| Lincoln Electric Holdings, Inc. | Nancy Joy Falotico | Industrials | |
| LKQ Corporation | Sue E. Gove | Consumer Cyclical | |
| Louisiana-Pacific Corporation | Kelly Hefner Barrett | Industrials | |
| Masimo Corporation | Catherine M. Szyman | Healthcare | |
| Matinas BioPharma Holdings, Inc. | Dr. Robin L. Smith M.D. | Healthcare | |
| ModivCare Inc. | Erin L. Russell | Healthcare | |
| Mueller Water Products, Inc. | Bentina Chisolm Terry | Industrials | Black / African American |
| Orrstown Financial Services, Inc. | Barbara E. Brobst | Financial Services | |
| Palo Alto Networks, Inc. | Helle Thorning-Schmidt | Technology | |
| Perdoceo Education Corporation | Hanna Skandera | Consumer Defensive | |
| Piedmont Office Realty Trust, Inc. | Deneen L. Donnley | Real Estate | Black / African American |
| Plutus Financial Group Limited | Wing Yan Lam | Financial Services | Asian / Pacific Islander |
| Regal Rexnord Corporation | Rashida Hodge | Industrials | Black / African American |
| Riot Platforms, Inc. | Jaime Leverton | Financial Services | |
| Sempra | Anya Weaving | Utilities | |
| Store Capital LLC | Colleen Collins | Real Estate | |
| The Chemours Company | Leslie M. Turner | Basic Materials | Black / African American |
| The First Bancorp, Inc. | Ingrid Wilbur Kachmar | Financial Services | |
| The Goldman Sachs Group, Inc. | Kathleen R. McClure | Financial Services | |
| The Hartford Insurance Group, Inc. | Annette Peterson Rippert | Financial Services | |
| The Middleby Corporation | Julie Bowerman | Industrials | |
| Thermo Fisher Scientific Inc. | Karen S. Lynch | Healthcare | |
| Titan America SA | Casey Santos | Basic Materials | Hispanic / Latino |
| Ultra Clean Holdings, Inc. | Joanne Solomon | Technology | |
| Wayfair Inc. | Diana Frost | Consumer Cyclical | |
| Webus International Limited | Yu Zhen | Technology | Asian / Pacific Islander |
| Workday, Inc. | Rhonda J. Morris | Technology | Black / African American |
| ZoomInfo Technologies Inc. | Katie J. Rooney | Technology |