January 2022 Report Summary

2022 continues the march towards parity, with women comprising 40.4% of appointments to the boards of public companies.

In January, public companies appointed 154 women to boards and 227 men to their boards.

This trend continues to build not only the number of women that sit on boards of public companies but the number of companies moving closer to parity. In January, we’ve also seen an increased amount of diversity on public boards. We are very excited to report that in the healthcare sector, and the real estate sector, we see women make up over 50% of the Russell 3000 Board appointments. This is a significant advancement for women.

26.2% of the december 2021 newly appointed directors self-identified as people of color

While only 57 of the newly appointed female Board members (37% of new women appointments) chose to self-disclose their race, we continue to see increased diversification within this set. In January, we see Black/African American women take the lead in board appointments with 24 women being appointed to public boards, making up 42.1% of the 57 women. They are closely followed by 21 Asian/Pacific Islander women, 4 Hispanic women, 4 Middle Eastern / North African women, and 4 multi-racial women. Morgan Stanley, ThredUp Inc., and Ethan Allen Interiors Inc., are some of the companies that appointed this phenomenal group of diverse women to their boards.

Of the 154 women appointed the boards of public companies, 101 (65.5%) were first-time board appointments. Thus, the trend to build the pipeline and number of women on boards continues. In January, healthcare companies led the way in the appointment of women, followed by technology companies and financial services; with women appointed filling 28.5% of board seats at healthcare companies. In the technology sector, we see strides being made by women at companies like Seagate Technology Holdings and Insight Enterprises, Inc.

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 female 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.

AEye, Inc. Sue Zeifman Consumer Cyclical
AFC Gamma, Inc. Marnie Migatz Sudnow Real Estate
Alerus Financial Corporation Katie A. Lorenson Financial Services
Alignment Healthcare, Inc. Jody Bilney Healthcare
Alignment Healthcare, Inc. Yon Yoon Jorden Healthcare Asian / Pacific Islander
Amyris, Inc. Ana Dutra Basic Materials Multi-racial
Annexon, Inc. Bettina M. Cockroft Healthcare
Arch Resources, Inc. Molly P. Zhang Energy Asian / Pacific Islander
Archer Aviation Inc. Barbara Pliarski Industrials
Avis Budget Group, Inc. Anu Hariharan Industrials Asian / Pacific Islander
Bandwidth Inc. Rebecca Bottorff Technology
Bioventus Inc. Michelle McMurry-Heath Healthcare Black / African American
Brigham Minerals, Inc. Gayle Burleson Energy
Brigham Minerals, Inc. Stacy Hock Energy
Brinker International, Inc. Ramona Hood Consumer Cyclical Black / African American
Brooklyn ImmunoTherapeutics, Inc. Erin S. Enright Healthcare
Brooklyn ImmunoTherapeutics, Inc. Heather B. Redman Healthcare
Brown-Forman Corporation Jan Singer Consumer Defensive
BRP Group, Inc. Ellyn J. Shook Financial Services
BRP Group, Inc. Sunita Parasuraman Financial Services Asian / Pacific Islander
BRT Apartments Corp. Carol Cicero Real Estate
Cadence Design Systems, Inc. Mary Louise Krakauer Technology
Callon Petroleum Company Mary L. Shafer-Malicki Energy
CarParts.com, Inc. Ana Dutra Consumer Cyclical Multi-racial
Cass Information Systems, Inc. Wendy J. Henry Industrials
Centene Corporation Leslie V. Norwalk Healthcare
Cincor Pharma, Inc. June Lee Healthcare Asian / Pacific Islander
Comerica Incorporated Nancy Flores Financial Services Multi-racial
Comtech Telecommunications Corp. Wendi B. Carpenter Technology
Consolidated Communications Holdings, Inc. Marissa Solis Communication Services Hispanic / Latino
Core Scientific, Inc. Stacie Olivares Technology Hispanic / Latino
Crestwood Equity Partners LP Angela A. Minas Energy
Daseke, Inc. Melendy E. Lovett Industrials
Dave Inc. Andrea Mitchell Technology
Dermata Therapeutics, Inc. Brittany Bradrick Healthcare
Donaldson Company, Inc. Jacinth Smiley Industrials Black / African American
Dynatrace, Inc. Ambika Gadre Technology Asian / Pacific Islander
Enviva Inc. Eva T. Zlotnicka Basic Materials
Ethan Allen Interiors Inc. Maria Eugenia Casar Consumer Cyclical Hispanic / Latino
Fabrinet Darlene S. Knight Technology
Femasys Inc. Wendy Perrow Healthcare
First Citizens BancShares, Inc. Ellen R. Alemany Financial Services
First Community Bankshares, Inc. Dr. Beth A. Taylor Financial Services
First Mid Bancshares, Inc. Gisele A. Marcus Financial Services Black / African American
Flux Power Holdings, Inc. Cheemin Bo-Linn Industrials Asian / Pacific Islander
Gamida Cell Ltd. Anat Cohen-Dayag Healthcare Middle Eastern / North African
Gamida Cell Ltd. Naama Halevi-Davidov Healthcare Middle Eastern / North African
Gritstone bio, Inc. Clare Fisher Healthcare
HCA Healthcare, Inc. Andrea B Smith Healthcare
HealthStream, Inc. Terry Allison Rappuhn Healthcare
Heritage Financial Corporation Gail Giacobbe Financial Services
Hillenbrand, Inc. Kimberly Karen Ryan Industrials
Home Point Capital Inc. Joanna Zabriskie Financial Services
HomeStreet, Inc. Joanne Harrell Financial Services Black / African American
Honeywell International Inc. Rose Lee Industrials Asian / Pacific Islander
Hovnanian Enterprises, Inc. Miriam Hernandez-Kakol Consumer Cyclical Hispanic / Latino
iCAD, Inc. Dana Renee Brown Healthcare
iCAD, Inc. Stacey M. Stevens Healthcare
Immuneering Corporation Diana Hausman Healthcare
Insight Enterprises, Inc. Joyce A. Mullen Technology
International Money Express, Inc. Debra A. Bradford Technology
IQVIA Holdings Inc. Leslie Wims Morris Healthcare Black / African American
IQVIA Holdings Inc. Sheila A. Stamps Healthcare Black / African American
IVERIC bio, Inc. Christine Ann Miller Healthcare Black / African American
Kelly Services, Inc. Amala Duggirala Industrials Asian / Pacific Islander
Kelly Services, Inc. InaMarie Johnson Industrials Black / African American
Kiora Pharmaceuticals, Inc. Erin Parsons Healthcare
LGI Homes, Inc. Maria Renna Sharpe Consumer Cyclical
Lulu's Fashion Lounge Holdings, Inc. Dara Bazzano Consumer Cyclical
Lululemon Athletica Inc. Alison Loehnis Consumer Cyclical
M.D.C. Holdings, Inc. Janice Sinden Consumer Cyclical
MedAvail Holdings, Inc Laurie A. S. McGraw Healthcare
Miromatrix Medical Inc. Lisa Wipperman Heine Healthcare
Modine Manufacturing Company Katherine Harper Consumer Cyclical
Mondelez International, Inc. Ertharin Cousin Consumer Defensive Black / African American
Morgan Stanley Dr. Erika H. James Ph.D. Financial Services Black / African American
Motorcar Parts of America, Inc. Patricia W. Warfield Consumer Cyclical
NanoVibronix, Inc. Aurora Cassirer Healthcare
NanoVibronix, Inc. Maria Schroeder Healthcare
Nature's Sunshine Products, Inc. Tess Roering Consumer Defensive
NiSource Inc. Sondra Barbour Utilities
Northwest Natural Holding Company Sandra McDonough Utilities
NovaBay Pharmaceuticals, Inc Audrey Kunin Healthcare
NovaBay Pharmaceuticals, Inc Julie Garlikov Healthcare
Nutanix, Inc. Teresa Gayle Sheppard Technology
Nutriband Inc. Irina Gram-Contulescu Healthcare
Nuvve Holding Corp. Rashida La Lande Consumer Cyclical Black / African American
Oyster Enterprises Acquisition Corp. Dana Needleman Financial Services
Playtika Holding Corp. Dana Rebecca Gross Communication Services Middle Eastern / North African
Playtika Holding Corp. Hong Du Communication Services Asian / Pacific Islander
PMV Pharmaceuticals, Inc. Kirsten Flowers Healthcare
Powered Brands Neela Montgomery Financial Services Asian / Pacific Islander
Premier Financial Corp. Nikki R. Lanier Financial Services Black / African American
Proterra Inc. Mary Louise Krakauer Consumer Cyclical
Provident Bancorp, Inc. Kathleen Chase Curran Financial Services
Pure Cycle Corporation Wanda J. Abel Utilities
Qualtrics International Inc. Ritu Bhargava Technology Asian / Pacific Islander
QuantumScape Corporation Gena C. Lovett Consumer Cyclical Black / African American
Ramaco Resources, Inc. Aurelia Skipwith Giacometto Basic Materials Black / African American

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