January 2023 Report Summary

As we begin out this year, companies continue to diversify board composition by appointing women to the board of public companies.

In January, women comprised 32.78% of new appointments to the boards of public companies. Public companies appointed 117 women to boards and 240 men to their boards. The pressure to increase diversity from the C-Suite to the board level remains as the year begins. 

While only 36 of the newly appointed women board members (30.77% of new women appointments) chose to self-disclose their race, we continue to see diversification and continue to highlight the need to disclose. In January, Asian / Pacific Islander women took the lead in board appointments with 17 women being appointed to public boards, making up 14.53% of all appointments. They are closely followed by 11 Black / African American women (9.40%). The Honest Company, Restaurant Brands International, and GoDaddy. are some of the companies that appointed this phenomenal group of diverse women to their boards. 

Of the 117 women appointed to the boards of public companies, 58, or 49.57%, were first time board appointments. In January, healthcare companies led the way in the appointment of women followed by industrials and tech companies; with appointed women filling 22.22% of board seats at healthcare companies, 13.68% at industrials companies, and 12.82% at tech companies. In the healthcare industry, we see strides being made by women at companies like GE Healthcare Technologies.

Board Report Infographics Ethnicity

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.

Acadia Realty TrustHope B. Woodhouse Real Estate
Alkami Technology, Inc.Maria Alvarez TechnologyHispanic / Latino
Alnylam Pharmaceuticals, Inc.Carolyn Bertozzi Healthcare
Alpha Metallurgical Resources, Inc.Joanna Baker de NeufvilleEnergy
Altus Power, Inc.Diane D. Brink Utilities
Alvarium Tiedemann Holdings, Inc.Hazel McNeilage Financial Services
Alvarium Tiedemann Holdings, Inc.Judy Lee Financial ServicesAsian / Pacific Islander
Alvarium Tiedemann Holdings, Inc.Nancy Ann Curtin Financial Services
Alvarium Tiedemann Holdings, Inc.Tracey Brophy Warson Financial Services
AMC Entertainment Holdings, Inc.Denise M. Clark Communication Services
AMC Entertainment Holdings, Inc.Keri Putnam Communication Services
AmerisourceBergen CorporationDr. Redonda G. Miller M.D. Healthcare
Automatic Data Processing, Inc.Maria Black Industrials
Avalon GloboCare Corp.Lourdes Felix Healthcare
Azenta, Inc.Dorothy E. Puhy Technology
Azenta, Inc.Dr. Tina Susan Nova Ph.D.Technology
Bally's CorporationTracy S Harris Consumer CyclicalBlack / African American
Bed Bath & Beyond Inc.Carol FlatonConsumer Cyclical
BlackLine, Inc.Brunilda Rios TechnologyHispanic / Latino
Blend Labs, Inc.Erin N. Lantz Technology
Broadstone Net Lease, Inc.Jessica Duran Real Estate
Broadstone Net Lease, Inc.Laura L. Felice Real Estate
Brown-Forman CorporationElizabeth A. SmithConsumer Defensive
Calix, Inc.Eleanor Fields Technology
Carrier Global CorporationSusan N. StoryIndustrials
Columbus McKinnon CorporationRebecca Yeung IndustrialsAsian / Pacific Islander
Coty Inc.Lubomira Rochet Consumer Defensive
CrowdStrike Holdings, Inc.Johanna Flower TechnologyAsian / Pacific Islander
Devon Energy CorporationGennifer F. Kelly Energy
Direct Digital Holdings, Inc.Mistelle Locke Communication Services
Eagle Bulk Shipping Inc.A. Kate BlankenshipIndustrials
Enfusion, Inc.Deirdre Somers Technology
Enterprise Products Partners L.P.Rebecca G. Followill Energy
Eversource EnergyLoretta D. Keane Utilities
eXp World Holdings, Inc.Peggie J. Pelosi Real Estate
First Northwest BancorpLynn Angelica Terwoerds Financial Services
First United CorporationBeth E. MoranFinancial Services
FLEETCOR Technologies, Inc.Annabelle Bexiga