November 2020 Report Summary

As the year closes and the holidays begin, the calls for diversity and leadership resonate across all sectors. This call for diversity is reflected in the continued trend in board appointment to public boards. In terms of appointment to public boards, the rise in the appointments of women and women of color continues. As a case in point, Starbucks just announced that Mellody Hobson – a woman of color – will be the chairwoman of its board.

In November 2020, public companies appointed women to fill 112 board seats. Women comprised 42% of the 266 appointments for public companies and this is up from 40.2% in October. The rate at which women are appointed to public boards continues to rise.

This trend is matched by an increase in the number of women of color who are appointed to boards of public companies. In November 33 of the women appointed to the boards of public companies identified as women of color. Black women comprised 72.7% of those women. The rise in appointments is accompanied by calls from groups such as NASDAQ who want to require the more than 3,000 companies listed on its stock exchange to improve boardroom diversity by appointing at least one woman and at least one minority or LGBTQ+ person to their boards.


NASDAQ said it based its decision on the significant link found between diverse boards and better corporate governance and financial performance. The Latino Corporate Directors Association, a member of the WBC Women on Boards Initiative, calls for many more latinos on boards.

Healthcare companies continue to lead the way in appointing women closely followed by the companies in the technology and industrials sectors. The financial services industry is seeing an uptick in board appointments who are women.

The November data also shows that of the 112 women appointed, 56 or half of those were first time appointments. This is good news as it means more women are being appointed to the highest levels of public companies but also that there are more women in the overall pipeline.

As we close out 2020, we are analyzing the overall trends across companies and look forward to watching where women rise on boards and across sectors. Our tracking is analyzing the growth and rotation of board seats and also growth of the candidate pool. We will continue to track not only the women, in terms of numbers, diversity and profile; but the companies and in which industries are women board members and how many of the overall board seats are held by women. The time is now for women to sit across all companies, all boards and all sectors.

Join us in tracking, analyzing, promoting and celebrating women on boards of public companies.

CompanyTitleIndustryEthnicity
NVIDIA Corporation Aarti S. Shah Technology Asian / Pacific Islander
AppFolio, Inc. Agnes Bundy Scanlan Technology Black / African American
Kaman Corporation Aisha Barry Industrials
Freedom Holding Corp. Amber Williams Financial Services
Maravai LifeSciences Holdings, Inc. Anat Ashkenazi Healthcare Asian / Pacific Islander
Electromed, Inc. Andrea M. Walsh Healthcare
Switch, Inc. Angela N. Archon Technology Black / African American
Upwork Inc. Anilu Vazquez-Ubarri Industrials Hispanic / Latino
Caladrius Biosciences, Inc. Anne C. Whitaker Healthcare
SPS Commerce, Inc. Anne Sempowski Ward Technology Black / African American
BJ's Restaurants, Inc. Bina Chaurasia Consumer Cyclical Asian / Pacific Islander
Anaplan, Inc. Brooke E. Major-Reid Technology Black / African American
nLIGHT, Inc. Camille Nichols Technology
Werner Enterprises, Inc. Carmen A. Tapio Industrials Black / African American
Kforce Inc. Catherine H. Cloudman Industrials
TESSCO Technologies Incorporated Cathy-Ann Martine-Dolecki Technology
Jamf Holding Corp. Christina Silvia Lema N/A
Oasis Petroleum Inc. Cynthia Lynn Walker Energy
Purple Innovation, Inc. Dawn M. Zier Consumer Cyclical
Weyerhaeuser Company Deidra C. Merriwether Real Estate Black / African American
KeyCorp Devina A. Rankin Financial Services
T-Mobile US, Inc. Dominique Leroy Communication Services
IDEXX Laboratories, Inc. Dr. Asha S. Collins, Ph.D Healthcare Black / African American
Altria Group, Inc. Dr. Ellen R. Strahlman M.D. Consumer Defensive
American Resources Corporation Dr. Gerardine Botte Ph.D. Energy
Maravai LifeSciences Holdings, Inc. Dr. Jessica Hopfield Ph.D. Healthcare
LiveRamp Holdings, Inc. Dr. Kamakshi Sivaramakrishnan Ph.D. Technology Asian / Pacific Islander
Taysha Gene Therapies, Inc. Dr. Laura Sepp-Lorenzino Ph.D. Healthcare
CarParts.com, Inc. Dr. Lisa Costa Consumer Cyclical
Summit Therapeutics Inc. Dr. Mahkam Zanganeh Healthcare
Enzo Biochem, Inc. Dr. Mary Tagliaferri M.D. Healthcare
Natera, Inc. Dr. Monica Bertagnolli M.D. Healthcare
Aspira Women's Health Inc. Dr. Sandra E. Brooks M.D. Healthcare Black / African American
Olema Pharmaceuticals, Inc. Dr. Sandra J. Horning M.D. Healthcare
Houlihan Lokey, Inc. Ekpedeme M. Bassey Financial Services Black / African American
Talend S.A. Elissa Fink Technology
Innospec Inc. Elizabeth K. Arnold Basic Materials
Four Corners Property Trust, Inc. Elizabeth Tennican Real Estate
Royal Gold, Inc. Fabiana E. Chubbs Basic Materials
The AZEK Company Inc. Fumbi F. Chima Industrials Black / African American
Corcept Therapeutics Incorporated Gillian M. Cannon PhD Healthcare
Schnitzer Steel Industries, Inc. Glenda J. Minor Basic Materials Black / African American
TC PipeLines, LP Gloria L. Hartl Energy
Athersys, Inc. Jane Wasman Healthcare
Zoom Video Communications, Inc. Janet Napolitano Communication Services
Nordson Corporation Jennifer A. Parmentier Industrials
TreeHouse Foods, Inc. Jill A. Rahman Consumer Defensive Black / African American
Tapestry, Inc. Joanne C. Crevoiserat Consumer Cyclical
Unico American Corporation Joycelin M. Ray Financial Services
MicroVision, Inc. Judith Mecham Curran Technology
Extra Space Storage Inc. Julia Vander Ploeg Real Estate
MultiPlan Corporation Julie D. Klapstein Healthcare
Teladoc Health, Inc. Karen L. Daniel Healthcare Black / African American
Cyclacel Pharmaceuticals, Inc. Karin L. Walker Healthcare
Hess Corporation Karyn Ovelmen Energy
Athersys, Inc. Katherine Bach Kalin Healthcare
SenesTech, Inc. Kathleen Claire Kavanagh Basic Materials
United Parcel Service, Inc. Kathleen E. Johnson Industrials
Taysha Gene Therapies, Inc. Kathleen Reape Healthcare
Heritage Global Inc. Kelly Sharpe Financial Services
Timberland Bancorp, Inc. Kelly Suter Financial Services
Mitek Systems, Inc. Kimberly S. Stevenson Technology
Lululemon Athletica Inc. Kourtney Gibson Consumer Cyclical Black / African American
Marrone Bio Innovations, Inc. Lara L. Lee Basic Materials
CrowdStrike Holdings, Inc. Laura J. Schumacher Technology
Hasbro, Inc. Laurel J. Richie Consumer Cyclical Black / African American
Yum! Brands, Inc. Lauren R. Hobart Consumer Cyclical
Infrastructure and Energy Alternatives, Inc. Laurene B. Mahon Industrials
M&T Bank Corporation Leslie V. Godridge Financial Services
Switch, Inc. Liane Pelletier Technology
Visa Inc. Linda J. Rendle Financial Services
Howard Bancorp, Inc. Linda L. Singh Financial Services Black / African American
Automatic Data Processing, Inc. Linnie M. Haynesworth Industrials Black / African American
Hall of Fame Resort & Entertainment Company Lisa Roy Communication Services
Laredo Petroleum, Inc. Lori A. Lancaster Energy
Farmers & Merchants Bancorp, Inc.Lori Ann JohnstonFinancial Services
Progyny, Inc.Malissia R. ClintonHealthcareBlack / African American
TriNet Group, Inc.Maria Contreras-SweetIndustrialsHispanic / Latino
Penn National Gaming, Inc.Marla KaplowitzConsumer Cyclical
ZIOPHARM Oncology, Inc.Mary T. ThistleHealthcare
Equifax Inc.Melissa D. SmithEnergy
Kaman CorporationMichelle J. LohmeierIndustrials
RingCentral, Inc.Mignon L. ClyburnTechnologyBlack / African American
Rexahn Pharmaceuticals, Inc.Mina SoochHealthcareAsian / Pacific Islander
WSFS Financial CorporationNancy J. FosterFinancial Services
Cytokinetics, IncorporatedNancy J. WysenskiHealthcare
Macatawa Bank CorporationNicole S. DandridgeFinancial Services
Ranpak Holdings Corp.Pamela K. ElConsumer CyclicalBlack / African American
Lear CorporationPatricia L. LewisConsumer CyclicalBlack / African American
Thermo Fisher Scientific Inc.R. Alexandra KeithHealthcare
ReWalk Robotics Ltd.Randel E. RichnerHealthcare
Atlas Technical Consultants, Inc.Raquel G. RichmondIndustrials
Coastal Financial CorporationRilla S. DelorierFinancial Services
M&T Bank CorporationRudina SeseriFinancial Services
Oasis Petroleum Inc.Samantha HolroydEnergy
Fidelity National Financial, Inc.Sandra Douglass MorganFinancial ServicesBlack / African American
Teladoc Health, Inc.Sandra L. FenwickHealthcare
Riverview Bancorp, Inc.Stacey GrahamFinancial Services
JMP Group LLCStaci SlaughterFinancial Services
Community Bank System, Inc.Susan E. SkerrittFinancial Services
Rexahn Pharmaceuticals, Inc.Susan K. BentonHealthcare
Maravai LifeSciences Holdings, Inc.Susannah GrayHealthcare
Leaf Group Ltd.Suzanne M. HopgoodCommunication Services
QUALCOMM IncorporatedSylvia AcevedoTechnologyHispanic / Latino
Crown Castle International Corp. (REIT)Tammy K. JonesReal EstateBlack / African American
Replimune Group, Inc.Tanya LewisHealthcareBlack / African American
Arcutis Biotherapeutics, Inc.Terrie J. CurranHealthcare
Four Corners Property Trust, Inc.Toni S. SteeleReal Estate
CoreLogic, Inc.Wendy E. LaneTechnology
Tarsus Pharmaceuticals, Inc.Wendy L. YarnoHealthcare
Plantronics, Inc.Yael ZhengTechnology
Code Chain New Continent LimitedYajing LiIndustrialsAsian / Pacific Islander

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