January 2021 Report Summary

The 40% Trend Continues

2021 is starting off positive, with women comprising 39.5% of board appointments. This continues a five-month trend where women are, on average, 39.8% of appointments to board seats of public companies. This rise coincides with a rise in women CEOs of Fortune 500 companies to 8.4%, with Rosalind Brewer’s appointment (Board, Starbucks) to CEO of Walgreens Boots.

In January, public companies appointed 141 women and 216 men to their boards. Notably, 87 of the 141 women are first-time board appointees. This is critical as it brings the overall number of women holding public board seats up and indicates that the pipeline is expanding.

Public companies continue to focus on diversity, with 37 of the women identifying as women of color. Of this 45% or 17 of the women appointed identified as African American, with 11 identifying as Asian-American. This reflects trends in previous months, but in January, women identifying as Hispanic comprised 20.5%, up from under 15% in previous months.

In January, healthcare companies lead the way in the appointments of women followed by financial services, where 15.4% of the companies appointing women included companies such as First United, appointing two women, and Prudential.

The overall trends across companies show growth for the number of women and people of color appointed to public companies’ boards. This trend is also matched with a rise in the number of appointees who are “first-time” board members. Equilar and WBC are tracking and analyzing the growth and rotation of board seats 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 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.

American Campus Communities, Inc.Alison HillReal Estate
PVH Corp.Allison PetersonConsumer Cyclical
AppHarvest, Inc.Anna MasonConsumer Defensive
DZS Inc.Barbara CarboneTechnology
Nexstar Media Group, Inc.Bernadette S. AulestiaCommunication ServicesHispanic / Latino
PagerDuty, Inc.Bonita Coleman StewartEnergyBlack / African American
Cidara Therapeutics, Inc.Carin Canale-TheakstonHealthcare
Extraction Oil & Gas, Inc.Carrie M FoxEnergy
Lake Shore Bancorp, Inc.Catharine M. YoungFinancial Services
Sabra Health Care REIT, Inc.Catherine CusackReal Estate
Target CorporationChristine A. LeahyConsumer Defensive
First United CorporationChristy DiPietroFinancial Services
Accolade, Inc.Cindy R. KentHealthcareBlack / African American
AVEO Pharmaceuticals, Inc.Corinne EpperlyHealthcare
WEC Energy Group, Inc.Cristina A. Garcia-ThomasUtilitiesHispanic / Latino
Protara Therapeutics, Inc.Cynthia SmithHealthcare
Shore Bancshares, Inc.Dawn M. WilleyFinancial Services
Tactile Systems Technology, Inc.Deepti JainHealthcareAsian / Pacific Islander
Atlanticus Holdings CorporationDenise M. HarrodFinancial Services
Regulus Therapeutics Inc.Dr Alice Shih-hou Huang Ph.D.Healthcare
Krystal Biotech, Inc.Dr Jing L. Marantz M.D., Ph.D.Healthcare
Galecto, Inc.Dr. Anne Prener M.D., Ph.D.Healthcare
Cidara Therapeutics, Inc.Dr. Bonnie L. Bassler Ph.DHealthcare
STAAR Surgical CompanyDr. Elizabeth YeuHealthcare
Maxar Technologies Inc.Dr. Heather A. WilsonTechnology
STAAR Surgical CompanyDr. K. Peony Yu M.D.Healthcare
AnaptysBio, Inc.Dr. Magda MarquetHealthcare
Gentherm IncorporatedElizabeth MeterConsumer Cyclical
NortonLifeLock Inc.Emily HeathTechnology
Unifi, Inc.Emma S. BattleConsumer CyclicalBlack / African American
Calavo Growers, Inc.Farha AslamConsumer Defensive
New Senior Investment Group Inc.Frances Aldrich Sevilla-SacasaReal EstateHispanic / Latino
Tejon Ranch Co.Frawn MorganIndustrials
Eli Lilly and CompanyGabrielle SulzbergerHealthcareBlack / African American
DURECT CorporationGail J. MaderisHealthcare
Grocery Outlet Holding Corp.Gail Moody-ByrdConsumer DefensiveBlack / African American
Winmark CorporationGina De Caro SprengerConsumer Cyclical
United Natural Foods, Inc.Gloria R. BoylandConsumer DefensiveBlack / African American
First Community Bankshares, Inc.Harriet B. PriceFinancial Services
Venator Materials PLCHeike van de KerkhofBasic Materials
Mimecast LimitedHelene Auriol PotierTechnology
The Chefs' Warehouse, Inc.Ivy BrownConsumer Defensive
Ondas Holdings Inc.Jaspreet K. SoodTechnology
Avidity Biosciences, Inc.Jean Jinsun KimHealthcare
IPG Photonics CorporationJeanmarie F. DesmondTechnology
Sirius XM Holdings Inc.Jennifer C. WitzCommunication Services
Ooma, Inc.Jenny C. YehCommunication Services
Parker-Hannifin CorporationJillian C. EvankoIndustrials
Atlanticus Holdings CorporationJoann G. JonesFinancial Services
KB HomeJodeen A. KozlakConsumer Cyclical
Tractor Supply CompanyJoy BrownConsumer CyclicalBlack / African American
HP Inc.Judith A. MiscikTechnology
The Kroger Co.Judith Amanda Sourry KnoxConsumer Defensive
Cadence Design Systems, Inc.Julia LiusonTechnologyAsian / Pacific Islander
Duck Creek Technologies, Inc.Julie DoddTechnology
Workiva Inc.Julie IskowTechnology
Keurig Dr Pepper Inc.Juliette HickmanConsumer Defensive
Schneider National, Inc.Jyoti ChopraIndustrialsAsian / Pacific Islander
Hudson Pacific Properties, Inc.Karen BrodkinReal Estate
Outset Medical, Inc.Karen DrexlerHealthcare
Oceaneering International, Inc.Karen H. BeachyEnergy
Northwest Natural Holding CompanyKaren LeeUtilities
Microchip Technology IncorporatedKaren Marie RappTechnology
Reliance Steel & Aluminum Co.Karla R. LewisBasic Materials
Consolidated Edison, Inc.Karol MasonUtilitiesBlack / African American
Stratus Properties Inc.Kate B. HenriksenReal Estate
Beam Therapeutics Inc.Kathleen Elizabeth WalshHealthcare
DHI Group, Inc.Kathleen M. SwannIndustrials
Oceaneering International, Inc.Kavitha VelusamyEnergyAsian / Pacific Islander
Evolent Health, Inc.Kim KeckHealthcare
Investors Bancorp, Inc.Kim WalesFinancial Services
U.S. BancorpKimberly N. Ellison-TaylorFinancial ServicesBlack / African American
Glacier Bancorp, Inc.Kristen HeckFinancial Services
Focus Financial Partners Inc.Kristine MashinskyFinancial Services
ExlService Holdings, Inc.Kristy M. PipesTechnology
IDEX CorporationLakecia N. GunterIndustrialsBlack / African American
Palantir Technologies Inc.Lauren Elaina Friedman StatTechnology
Delek US Holdings, Inc.Laurie Z. TolsonEnergy
Gold Resource CorporationLila A. Manassa MurphyBasic MaterialsHispanic / Latino
Stepan CompanyLorinda BurgessBasic Materials
Quotient Technology Inc.Lorraine HaritonCommunication Services
Curtiss-Wright CorporationLynn J. BamfordIndustrials
Oak Valley BancorpLynn R. DickersonFinancial Services
The Boeing CompanyLynne M. DoughtieIndustrials
Radius Health, Inc.Machelle SandersHealthcareBlack / African American
Pluristem Therapeutics Inc.Maital Shemesh-RasmussenHealthcareMiddle Eastern / North African
Grocery Outlet Holding Corp.Maria Fernanda MejiaConsumer DefensiveHispanic / Latino
Steven Madden, Ltd.Maria Teresa KumarConsumer CyclicalHispanic / Latino
Kronos Bio, Inc.Marianne De Backer MSc, PhD, MBAHealthcareWhite / Caucasian
Priority Technology Holdings, Inc.Marietta DavisTechnologyBlack / African American
Chevron CorporationMarillyn A. HewsonEnergy
AppHarvest, Inc.Martha StewartConsumer Defensive
Petco Health and Wellness Company, Inc.Mary SullivanConsumer Cyclical
FVCBankcorp, Inc.Meena KrishnanFinancial ServicesAsian / Pacific Islander
Sensus Healthcare, Inc.Megan CornishHealthcare
Dream Finders Homes, Inc.Megha H. ParekhConsumer Cyclical
Rayonier Inc.Meridee A. MooreReal Estate
TransMedics Group, Inc.Merilee RainesHealthcare
Public StorageMichelle Millstone-ShroffReal Estate
Apple Inc.Monica C. LozanoTechnologyHispanic / Latino
Independence Realty Trust, Inc.Ms. Lisa WashingtonReal Estate
Devon Energy CorporationMs. Valerie WilliamsEnergyBlack / African American
Denali Therapeutics Inc.Nancy ThornberryHealthcare
Jupiter Wellness, Inc.Nancy Torres KaufmanHealthcare
IPG Photonics CorporationNatalia PavlovaTechnology
Las Vegas Sands Corp.Nora M. JordanConsumer Cyclical
FS Bancorp, Inc.Pamela M. AndrewsFinancial Services
Century Communities, Inc.Patricia ArvieloConsumer CyclicalHispanic / Latino
FirstCash, Inc.Paula K. GarrettFinancial Services
Waters CorporationPearl S. HuangHealthcare
Air Transport Services Group, Inc.Phyllis J. CampbellIndustrialsAsian / Pacific Islander
Rafael Holdings, Inc.Rachel JonasHealthcare
Public StorageRebecca L. OwenReal Estate
Berry CorporationRenee J. HornbakerEnergy
OFS Capital CorporationRomita ShettyFinancial ServicesAsian / Pacific Islander
Petco Health and Wellness Company, Inc.Sabrina L. SimmonsConsumer CyclicalAsian / Pacific Islander
First United CorporationSanu ChadhaFinancial Services
The Timken CompanySarah C. LauberIndustrials
Tactile Systems Technology, Inc.Sheri Louise DoddHealthcare
NortonLifeLock Inc.Sherrese M. SmithTechnologyBlack / African American
Delek Logistics Partners, LPSherri A. BrillonEnergy
SkyWest, Inc., WisdomTree Investments, Inc.Smita ConjeevaramIndustrialsAsian / Pacific Islander
SPX FLOW, Inc.Sonya M. RobertsIndustrialsBlack / African American
The Williams Companies, Inc.Stacey H. DoreEnergy
Pioneer Bancorp, Inc.Stacey HengstermanFinancial Services
Independence Contract Drilling, Inc.Stacy Durbin NieuwoudtEnergy
Huntington Ingalls Industries, Inc.Stephanie L. O’SullivanIndustrials
Amcor PlcSusan K. CarterConsumer Cyclical
Five9, Inc.Susan P. BarsamianTechnology
Rollins, Inc., RPC, Inc., Marine Products CorporationSusan R. BellConsumer Cyclical
Univest Financial CorporationSuzanne KeenanFinancial Services
Avidity Biosciences, Inc.Tamar ThompsonHealthcare
The AES CorporationTeresa M. SebastianUtilitiesBlack / African American
Kinsale Capital Group, Inc.Teresa P. ChiaFinancial ServicesAsian / Pacific Islander
The Shyft Group, Inc.Terri A. PizzutoIndustrials
Capstar Financial Holdings, Inc.Valora GurganiousFinancial Services
Eastman Chemical CompanyVanessa L. Allen SutherlandBasic Materials
Addus HomeCare CorporationVeronica Hill-MilbourneHealthcareBlack / African American
Prudential Financial, Inc.Wendy Elizabeth JonesFinancial Services
Benefitfocus, Inc.Zeynep YoungTechnology

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