November 2023 Report Summary

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

In November, women comprised 25.0%  of new appointments to the boards of public companies. Public companies appointed 68 women to boards and 272 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 14 of the newly appointed women board members (20.6% 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.

November 2023

In November, 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  42.9% each of all appointments. Companies such as The New York Times Company, Captivision Inc., and Manhattan Bridge Capital, Inc. are leading the way as part of a phenomenal group that have appointed diverse women to their boards. 

Of the 68 women appointed to the boards of public companies, 31, or 45.6%, were first-time board appointments. In November, Healthcare companies led the way in the appointment of women followed by  Technology, Financial Services, and Industrials companies, with appointed women filling  20.6% of board seats at Healthcare companies and 14.7% each at Technology, Financial Services, and Industrials companies. In the Technology industry, we see strides being made by women at companies like Lyft, Inc.

November 2023 Graphic 1

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.

November 2023 Graphic #2
November 2023 #5
Company Title Industry Ethnicity
Adaptimmune Therapeutics plc Dr. Kristen M. Hege M.D. Healthcare
Adeia Inc. Phyllis Turner-Brim Technology Black / African American
Aeries Technology, Inc Industrials
Alimera Sciences, Inc. Margaret Pax Healthcare
Altus Power, Inc. Tina Chan Reich Utilities Asian / Pacific Islander
Amalgamated Financial Corp. Julieta Ross Financial Services Hispanic / Latino
Amcor plc Mrs. L.J.I. Foufopoulos - De Ridder Consumer Cyclical
Applied Digital Corporation Kate Reed Financial Services
Aviat Networks, Inc. Technology Asian / Pacific Islander
Babcock & Wilcox Enterprises, Inc. Dr. Naomi Louise Boness Ph.D. Industrials
Banc of California, Inc. Susan E. Lester Financial Services
Booking Holdings Inc. Ms. Kelly Grier Consumer Cyclical
Captivision Inc. Betty W. Liu Industrials Asian / Pacific Islander
Captivision Inc. Jessica Thomas Industrials
Chimera Investment Corporation Susan Mills Real Estate
Collective Audience, Inc. Elisabeth H. DeMarse Technology
Community Trust Bancorp, Inc. Dr. Lillian Webb Financial Services
CompX International Inc. Gina A. Norris Industrials
Cracker Barrel Old Country Store, Inc. Julie Felss Masino Consumer Cyclical
Cushman & Wakefield plc Michelle Felman Real Estate
Cyclerion Therapeutics, Inc. Dina Katabi Healthcare Middle Eastern / North African
Federal Signal Corporation Katrina Helmkamp Industrials
Focus Impact BH3 Acquisition Company D'Angela Simms Financial Services Black / African American
Fox Corporation Communication Services
FREYR Battery Jessica Strine Industrials
Generations Bancorp NY, Inc. Angela M. Krezmer Financial Services
Hanesbrands Inc. Natasha Chand Consumer Cyclical
IO Biotech, Inc. Dr. Helen Louise Collins M.D. Healthcare
Korro Bio, Inc. Rachel Meyers Ph.D. Healthcare
Lattice Semiconductor Corporation Que Thanh Dallara Technology Asian / Pacific Islander
Lemonade, Inc. Debra Schwartz Financial Services
LightPath Technologies, Inc. Kim Crider Technology
Linkbancorp, Inc. Financial Services
Lyft, Inc. Betsey Stevenson Technology
Mama's Creations, Inc. Lynn Larson Blake Consumer Defensive
Manhattan Bridge Capital, Inc. Real Estate Asian / Pacific Islander
Mural Oncology plc Dr. Susan Altschuller Ph.D. Healthcare
Net Lease Office Properties Real Estate
NextNav Inc. Mariam Sorond Communication Services
NRG Energy, Inc. Marcie Z. Zlotnik Utilities
Nuwellis, Inc. Dr. Archelle Georgiou Feldshon M.D. Healthcare
Olaplex Holdings, Inc. Amanda Baldwin Consumer Cyclical
Ollie's Bargain Outlet Holdings, Inc. Mary L. Baglivo Consumer Defensive
Opendoor Technologies Inc. Dana K. Hamilton Real Estate
Perrigo Company plc Julia M. Brown Healthcare Black / African American
PetVivo Holdings, Inc. Healthcare
Presto Automation Inc. Sasha Hoffman Technology
PROS Holdings, Inc. Cynthia Johnson Technology
PROS Holdings, Inc. Michelle Hughes Benfer Technology
RCF Acquisition Corp. Karrie Willis Financial Services
Redwood Trust, Inc. Doneene Keemer Damon Real Estate Black / African American
Revolution Medicines, Inc. Dr. Sandra J. Horning M.D. Healthcare
SAB Biotherapeutics, Inc. Helen K. Ellias Healthcare
Save Foods Inc. Basic Materials
Shimmick Corporation Carolyn L. Trabuco Industrials
SilverBow Resources, Inc. Energy
Sleep Number Corporation Hilary A. Schneider Consumer Cyclical
Sotera Health Company Healthcare
Spyre Therapeutics, Inc. Laurie Stelzer Healthcare
Sysco Corporation Francesca A. DeBiase Consumer Defensive
Taysha Gene Therapies, Inc. Alison S. Long Healthcare
Texas Pacific Land Corporation Marguerite N. Woung-Chapman Energy Black / African American
The New York Times Company Anuradha B. Subramanian Communication Services Asian / Pacific Islander
United Bancorp, Inc. Financial Services
Valhi, Inc. Gina A. Norris Basic Materials
Veritiv Corporation Susan B. Salyer Industrials
Werner Enterprises, Inc. Michelle D. Greene Industrials Black / African American
Ziff Davis, Inc. Jana L. Barsten Technology

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