March 2024 Report Summary

Companies continue to diversify board composition by appointing women to the board of public companies.

In March, women comprised 28.4%  of new appointments to the boards of public companies. Public companies appointed 94 women to boards and 237 men to their boards. The pressure to increase diversity at the board level remains critical to ensuring the advancement of women moving into board positions. 

While only 15 of the newly appointed women board members (16.0% of new women appointments) chose to self-disclose their race, boards must continue to diversify and the data continues to highlight the value of disclosure.

In March, Asian/Pacific Islander and Black/African American women took the lead in board appointments with 6 women each being appointed to public boards, making up 40.0% of all appointments. They are closely followed by 3 Hispanic / Latino (20.0%). Companies such as AMC Entertainment Holdings, Inc., CoreCivic, Inc., and Scholastic Corporation are leading the way as part of a phenomenal group that have appointed diverse women to their boards. 

Of the 94 women appointed to the boards of public companies, 43, or 45.7%, were first-time board appointments. In March, Healthcare companies led the way in the appointment of women followed by  Financial Services companies, with appointed women filling 26.6% of board seats at Healthcare companies and 13.8% each at Consumer Cyclical companies. In the Healthcare industry, we see strides being made by women at companies like Healthpeak Properties, 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 and analyze not only the numbers, diversity and profile of the women being appointed to boards; but the companies and industries in which female board members are present and how many of the overall board seats are held by women.

Company Name LinkedIn Ethnicity on BoardEdge
Alkermes plc Nancy S. Lurker Healthcare
AMC Entertainment Holdings, Inc. Sonia Jain Communication Services Asian / Pacific Islander
Big Lots, Inc. Maureen B. Short Consumer Defensive
Healthpeak Properties, Inc. Ava E. Lias-Booker Real Estate Black / African American
Healthpeak Properties, Inc. Pamela J. Kessler Real Estate
MGE Energy, Inc. Angela S. Rieger Utilities
MGE Energy, Inc. Patricia Kathleen Ackerman Utilities
Middlesex Water Company Nadine Duchemin-Leslie Utilities Black / African American
NOV Inc. Patricia Martinez Energy Hispanic / Latino
Universal Display Corporation Dr. Joan Lau Ph.D. Technology Asian / Pacific Islander
Washington Trust Bancorp, Inc. Debra M. Paul Financial Services
Chicago Rivet & Machine Co. Karen G. Ong Industrials
Helen of Troy Limited Noel M. Geoffroy Consumer Defensive
Genco Shipping & Trading Limited Industrials Asian / Pacific Islander
Oppenheimer Holdings Inc. Suzanne Spaulding Financial Services
MiMedx Group, Inc. Dorothy E. Puhy Healthcare
MiMedx Group, Inc. Tiffany P. Olson Healthcare
Marathon Petroleum Corporation Energy
Marathon Petroleum Corporation Kimberly N. Ellison-Taylor Energy Black / African American
The Chefs' Warehouse, Inc. Wendy M. Weinstein Consumer Defensive
Data Storage Corporation Nancy M. Stallone Technology
Atossa Therapeutics, Inc. Healthcare
El Pollo Loco Holdings, Inc. Elizabeth Goodwin Williams Consumer Cyclical
Citizens Financial Group, Inc. Financial Services
The Chemours Company Pamela F. Fletcher Basic Materials
JELD-WEN Holding, Inc. Antonella B. Franzen Industrials
Rekor Systems, Inc. Anne Townsend Technology
Ecovyst Inc. Sarah Lorance Basic Materials
PagerDuty, Inc. Teresa Carlson Technology
Tradeweb Markets Inc. Lisa Opoku Financial Services Black / African American
The AZEK Company Inc. Fiona Tan Industrials Asian / Pacific Islander
Energy Vault Holdings, Inc. Stephanie J. Unwin Utilities
Lifestance Health Group, Inc. Teresa DeLuca Healthcare
Ocean Biomedical, Inc. Amy Griffith Healthcare
Bridger Aerospace Group Holdings, Inc. Elizabeth Cogan Fascitelli Industrials
NeurAxis, Inc. Kristin A. Ferge Healthcare
Hamilton Insurance Group, Ltd. Dr. Therese M. Vaughan Ph.D. Financial Services
Alto Neuroscience, Inc. Maha Radhakrishnan M.D. Healthcare Asian / Pacific Islander
CoreCivic, Inc. Ms. Catherine Hernandez-Blades Real Estate Hispanic / Latino
J.W. Mays, Inc. Melinda Koster Real Estate
JOANN Inc. Pamela Corrie Consumer Cyclical
QT Imaging Holdings, Inc. Dr. Raluca Dinu Ph.D. Healthcare
Equity Residential Ann C. Hoff Real Estate
Equity Residential Nina P. Jones Real Estate
FactSet Research Systems Inc. Laurie G. Hylton Financial Services
Fossil Group, Inc. Pamela B. Corrie Consumer Cyclical
Onto Innovation Inc. Susan D. Lynch Technology
Old Republic International Corporation Therace M. Risch Financial Services
Scholastic Corporation Kaya Henderson Communication Services Black / African American
TETRA Technologies, Inc. Angela D. John Energy
Match Group, Inc. Laura Rachel Jones Communication Services
W. P. Carey Inc. Rhonda O. Gass Real Estate
Repligen Corporation Margaret Pax Healthcare
Targa Resources Corp. Caron A. Lawhorn Energy
National Bank Holdings Corporation Robin Doyle Financial Services
Lindblad Expeditions Holdings, Inc. Pam Kaufman Consumer Cyclical
The Container Store Group, Inc. Karen M. Stuckey Consumer Cyclical
The Chemours Company Denise M. Dignam Basic Materials
BlackLine, Inc. Camille Drummond Technology Black / African American
Smartsheet Inc. Katie J. Rooney Technology
iSpecimen Inc. Elizabeth Ames Graham Healthcare
Homology Medicines, Inc. Healthcare
Homology Medicines, Inc. Kathleen D. LaPorte Healthcare
Sterling Bancorp, Inc. Christine Meredith Financial Services
Cushman & Wakefield plc Jennifer J. McPeek Real Estate
Robinhood Markets, Inc. Susan L. Segal Technology
Sharecare, Inc. Nicole Torraco Healthcare
Xos, Inc. Luisa Ingargiola Industrials
SmartRent, Inc. Alison Dean Technology
Brand Engagement Network, Inc. Janine Grasso Technology
LENZ Therapeutics, Inc. Shelley B. Thunen Healthcare
Montana Technologies Corporation Marwa Zaatari Industrials Middle Eastern / North African
Allurion Technologies, Inc. Milena Alberti-Perez Healthcare Hispanic / Latino
American Axle & Manufacturing Holdings, Inc. Aleksandra A. Miziolek Consumer Cyclical
Kratos Defense & Security Solutions, Inc. Bobbi Doorenbos Industrials
Camping World Holdings, Inc. Kathleen S. Lane Consumer Cyclical
Elanco Animal Health Incorporated Kathy V. Turner Healthcare
Quantum-Si incorporated Paula Dowdy Healthcare
Trump Media & Technology Group Corp. Linda E. McMahon Communication Services
Tenon Medical, Inc. Kristine M. Jacques Healthcare
Syra Health Corp. Priya Prasad Healthcare
PodcastOne, Inc. Carolyn Blackwood Communication Services
Zapata Computing Holdings Inc. Dana Jones Technology
Inno Holdings Inc. Basic Materials
Avalo Therapeutics, Inc. Samantha Truex Healthcare
Myomo, Inc. Heather Getz Healthcare
Future Health Esg Corp. Nikita Jaiswal Financial Services
Future Health Esg Corp. Nancy Zakhour Financial Services
Future Health Esg Corp. Jesvin Kaur Financial Services Asian / Pacific Islander
vTv Therapeutics Inc. Anne Phillips Healthcare
Gossamer Bio, Inc. Skye Drynan Healthcare
Shattuck Labs, Inc. Kate Sasser Healthcare
Landmark Bancorp, Inc. Abigail Wendel Financial Services