July 2022 Report Summary

As the summer heat rises, companies continue to diversify board composition and drive the path to parity. In July women comprised 40.4% of new appointments to the boards of public companies. Public companies appointed 112 women to boards and 165 men to their boards. We are seeing an 8% increase in women’s representation on public boards after the percentage of women on boards fell last month.

While only 30 of the newly appointed women Board members (26.7% of new women appointments) chose to self-disclose their race, we continue to see diversification and continue to highlight the need to disclose. In July, Asian/Pacific Islander women took the lead in board appointments with 16 women being appointed to public boards, making up 53.3% of those who chose to identify as women of color.

They are closely followed by 7 Black/African American women (36.6%), 2 Latin / Hispanic women (6.66%), and 1 Middle Eastern / North African women (3.33%). Vulcan Materials Company, Ziprecruiter, Inc., and Matterport, Inc., are some of the companies that appointed this phenomenal group of diverse women to their boards.

Of the 112 women appointed to the boards of public companies, 68 or 60.7% were first time board appointments, a substantially higher percentage compared to previous months. Thus, companies continue to build the pipeline of women on boards.

In July, Healthcare companies led the way in the appointment of women followed by Consumer Cyclical companies and Technology companies; with appointed women filling 25.9% of board seats at healthcare companies and 13.4% appointed to Tech companies. In the Consumer Cyclical sector, we see strides being made by women at companies like Sally Beauty Holdings, 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.

Academy Sports and Outdoors, Inc.Theresa Palermo Consumer Cyclical
ADTRAN Holdings, Inc.Johanna HeyTechnology
Advanced Drainage Systems, Inc.Kelly Gast Industrials
AerSale CorporationJudith A. Fedder Industrials
Amalgamated Financial Corp.Meredith Miller Financial Services
Amneal Pharmaceuticals, Inc.Deborah M. Autor Healthcare
Apollo Endosurgery, Inc.Sharon L. O'KeefeHealthcare
Arista Networks, Inc.Yvonne Wassenaar Technology
Asana, Inc.Krista Anderson-Copperman Technology
Ashland Global Holdings Inc.Suzan F. Harrison Basic Materials
Avangrid, Inc.Marria Fatima Banez Garcia UtilitiesHispanic / Latino
Aytu BioPharma, Inc.Vivian Liu Healthcare
Barnes & Noble Education, Inc.Denise F. Warren Consumer Cyclical
Barnes & Noble Education, Inc.Kate Eberle Walker Consumer Cyclical
BigCommerce Holdings, Inc.Sally Gilligan Technology
Blackbaud, Inc.Deneen DeFiore Technology
C4 Therapeutics, Inc.Donna Roy Grogan Healthcare
C4 Therapeutics, Inc.Laura Bessen Healthcare
CarLotz, Inc.Nanxi Liu Consumer CyclicalAsian / Pacific Islander
Certara, Inc.Rosemary A. Crane Healthcare
Cerus CorporationHua Shan M.D., Ph.D. HealthcareAsian / Pacific Islander
Chase CorporationEllen Rubin Basic Materials
Chesapeake Utilities CorporationSheree M. Petrone Utilities
Chesapeake Utilities CorporationStephanie N. Gary Utilities
Chord Energy CorporationAnne Taylor Energy
Chord Energy CorporationSusan M. Cunningham Energy
Civista Bancshares, Inc.Lorina Wise Financial Services
Clover Health Investments, Corp.Carladenise Edwards HealthcareBlack / African American
Coeur Mining, Inc.Jeane Lanelle HullBasic Materials
Cogent Communications Holdings, Inc.Eve Howard Communication Services
Columbia Sportswear CompanyChristiana Smith Shi Consumer Cyclical
Compass DiversifiedTeri R. Shaffer Industrials
Compass Minerals International, Inc.Melissa M. Miller Basic MaterialsBlack / African American
Compass, Inc.Dawanna Williams TechnologyBlack / African American
Crestwood Equity Partners LPSamantha Holroyd Energy
Denny's CorporationKelli A. Valade Consumer Cyclical
Diamondback Energy, Inc.Rebecca A. Klein EnergyHispanic / Latino
Digimarc CorporationKathleen M. Kool Technology
Dollar General CorporationAna Maria Chadwick Consumer Defensive
DoorDash, Inc.Elinor Mertz Communication Services
Ecovyst Inc.Anna Cheng Catalano Basic MaterialsAsian / Pacific Islander
Eiger BioPharmaceuticals, Inc.Lisa Kelly-Croswell HealthcareBlack / African American
Emergent BioSolutions Inc.Sujata Dayal HealthcareAsian / Pacific Islander
Enhabit, Inc.Erin P. Hoeflinger Healthcare
Enhabit, Inc.Susan La Monica Healthcare
Enhabit, Inc.Tina Brown-Stevenson HealthcareBlack / African American
Enhabit, Inc.Yvonne M. CurlHealthcareBlack / African American
Equitable Holdings, Inc.Arlene Isaacs-Lowe Financial ServicesBlack / African American
Excelerate Energy, Inc.Deborah L. Byers UtilitiesAsian / Pacific Islander
EyePoint Pharmaceuticals, Inc.Karen L. Zaderej Healthcare
FARO Technologies, Inc.Rajani Ramanathan TechnologyAsian / Pacific Islander
FAT Brands Inc.Lynne CollierConsumer Cyclical
FaZe Holdings Inc.Angela Dalton Communication Services
FaZe Holdings Inc.Mickie Rosen Communication Services
Fidus Investment CorporationKathryn McNamara-Corley Financial Services
Generation Bio Co.Dannielle Appelhans Healthcare
German American Bancorp, Inc.Diane B. Medley Financial Services
Gorilla Technology Group Inc.Ruth Kelly Technology
Hawaiian Holdings, Inc.Wendy A. Beck Industrials
Heritage-Crystal Clean, IncMary Patricia B. Thompson Industrials
Immunic, Inc.Monika Maria Tornsen Healthcare
Inspire Medical Systems, Inc.Charisse Y. Sparks Healthcare
Inspire Medical Systems, Inc.Cynthia Burks HealthcareBlack / African American
Integra LifeSciences Holdings CorporationRenee Wonlai Lo Healthcare
IonQ, Inc.Kathy Chou TechnologyAsian / Pacific Islander
Jaguar Health, Inc.Dr. Anula Jayasuriya M.D., Ph.D. HealthcareAsian / Pacific Islander
Janus International Group, Inc.Heather C. Harding Industrials
Kymera Therapeutics, Inc.Leigh Morgan Healthcare
L3Harris Technologies, Inc.Christina L. Zamaro Industrials
Life Time Group Holdings, Inc.Donna Coallier Consumer Cyclical
Mativ Holdings, Inc.Julie A. Schertell Basic Materials
Matterport, Inc.Susan Repo TechnologyAsian / Pacific Islander
Microvast Holdings, Inc.Yeelong Tan BalladonIndustrialsAsian / Pacific Islander
Mondee Holdings, Inc.Mona Aboelnaga Kanaan Consumer CyclicalMiddle Eastern / North African
Mondee Holdings, Inc.Noor Sweid Consumer Cyclical
Mondee Holdings, Inc.Roopa PurushothamanConsumer CyclicalAsian / Pacific Islander
Nano Labs LtdLizhen XieTechnologyAsian / Pacific Islander
Nano Labs LtdLi ZhangTechnologyAsian / Pacific Islander
Novanta Inc.Barbara B. Hulit Technology
OPAL Fuels Inc.Betsy L. BattleUtilities
Owens & Minor, Inc.Carissa Rollins Healthcare
Pacific Premier Bancorp, Inc.Stephanie Hsieh Financial Services
Paramount Group, Inc.Paula Sutter Real Estate
Parsons CorporationEllen M. Lord Industrials
PerkinElmer, Inc.Michelle McMurry-Heath HealthcareBlack / African American
Playa Hotels & Resorts N.V.Jeanmarie Cooney Consumer Cyclical
ProKidney Corp.Jennifer A. Fox Healthcare
Regions Financial CorporationNoopur Davis Financial ServicesAsian / Pacific Islander
Root, Inc.Julie Szudarek Financial Services
RPM International Inc.Dr. Ellen M. Pawlikowski Ph.D. Basic Materials
Rubius Therapeutics, Inc.Dr. Susanne Schaffert Ph.D. Healthcare
Sally Beauty Holdings, Inc.Rachel Rothe Bishop Ph.D. Consumer Cyclical
Sight Sciences, Inc.Dr. Tamara Fountain M.D. HealthcareBlack / African American
Solid Power, Inc.MaryAnn Wright Industrials
Synovus Financial Corp.Alexandra Viloch Financial Services
The Coca-Cola CompanyCarolyn N. Everson Consumer Defensive
The Estee Lauder Companies Inc.Angela Wei DongConsumer DefensiveAsian / Pacific Islander
The Hanover Insurance Group, Inc.Elizabeth A. Ward Financial Services
United States Lime & Minerals, Inc.Sandra C. Duhe Basic Materials
Valvoline Inc.Jennifer L. Slater Energy
Varex Imaging CorporationKathie BardwellHealthcare
Voya Financial, Inc.Heather H. Lavallee Financial Services
VSE CorporationAnita D. Britt Industrials
Vulcan Materials CompanyLydia H. Kennard Basic MaterialsBlack / African American
Westinghouse Air Brake Technologies CorporationBeverley A. Babcock Industrials
Whitestone REITAmy Shih-Hua Feng Real Estate
Willamette Valley Vineyards, Inc.Cara Pepper Day Consumer Defensive
Willamette Valley Vineyards, Inc.Sarah Rose Consumer Defensive
Wingstop Inc.Ania Smith Consumer Cyclical
Ziprecruiter, Inc.Yvonne Hao IndustrialsAsian / Pacific Islander
Zoetis Inc.Vanessa Broadhurst Healthcare
ZoomInfo Technologies Inc.Alison Gleeson Technology

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