November 2024 Report Summary
Companies continue to diversify board composition by appointing women to public company boards.
Women comprised 23% of new appointments to public boards of directors, with 52 women and 173 men appointed in November 2024. The pressure to increase diversity at the board level remains critical to ensuring the advancement of women in boardrooms and professional environments overall.
While only 27% of the newly appointed women board members chose to self-disclose their race or ethnicity, boards must continue to prioritize both gender and racial diversity. The data continues to highlight the value of disclosure, as data gaps inhibit advocates and allies from understanding the complete picture of women’s representation on boards, especially for women of color (WOC), and where progress can be made.
In November, women who self-identified as Asian or Pacific Islander and Black or African American Islander were equally represented highest in board appointments, with 6 women appointed to boards each, making up about 11.53% of all appointed women, respectively.
Of the newly women appointed to the boards of public companies, 44, or 57.14%, were first-time board appointments. In November, healthcare companies led the way in the appointment of women board directors with 21.15% of total appointments. Technology companies followed closely behind with women filling 17.31% of newly appointed board memberships.
Additionally, women affiliated with WBC Partner organizations also touted appointments in November, including Ellen Ochoa of the Latino Corporate Directors Association, Molly Langenstein of The 30% Club, Lynn Utter of Women Corporate Directors and Women’s Forum of New York, and Karen Wendel of Women in the Boardroom.
Finally, WBC acknowledges companies leading the way this month include Southwest Airlines, Magnera Corporation, Hamilton Beach Brands, and Damon Inc. which reported the most women’s board appointments.
Equilar and WBC are tracking and analyzing the growth and rotation of board seats on public companies and the expanding candidate pool. Through our partnership, we will continue to track and analyze not only the count, diversity and profile of the women appointed to boards; but also the companies and industries where women are leading.
| Company | Title | Industry | Ethnicity |
|---|---|---|---|
| Actinium Pharmaceuticals, Inc. | Dr. June Sherie Almenoff M.D., Ph.D.  | Healthcare | |
| Agape ATP Corporation | Rose Marie Kadende Kaiser | Consumer Defensive | Black / African American |
| Alpine Income Property Trust, Inc. | Brenna Andrea Wadleigh | Real Estate | |
| American International Group, Inc. | Courtney Leimkuhler | Financial Services | |
| Aviat Networks, Inc. | Asako Aoyama | Technology | Asian / Pacific Islander |
| Beneficient | Karen Wendel | Financial Services | |
| BioNexus Gene Lab Corp. | Jook Yuen Low | Basic Materials | Asian / Pacific Islander |
| Bleichroeder Acquisition Corp. I | Katherine Savitt | Financial Services | |
| Caleres, Inc. | Molly Langenstein | Consumer Cyclical | |
| Cardio Diagnostics Holdings, Inc. | Wendy J. Betts | Healthcare | Asian / Pacific Islander |
| Caterpillar Inc. | Nazzic S. Keene | Industrials | |
| Cohen & Steers, Inc. | Karen Wilson Thissen | Financial Services | |
| CVS Health Corporation | Leslie V. Norwalk | Healthcare | |
| Damon Inc. | Baljinder Bhullar | Technology | Asian / Pacific Islander |
| Damon Inc. | Melanie Figueroa | Technology | Hispanic / Latino |
| DevvStream Corp. | Jamila Piracci | Industrials | Black / African American |
| D-Wave Quantum Inc. | Sharon E. Holt | Technology | Asian / Pacific Islander |
| Elanco Animal Health Incorporated | Stacey Y. Ma Ph.D. | Healthcare | Black / African American |
| Enpro Inc. | Allison K. Aden | Industrials | |
| First US Bancshares, Inc. | Staci M. Pierce | Financial Services | |
| Fly-E Group, Inc. | Shiwen Feng | Consumer Cyclical | Asian / Pacific Islander |
| Flywire Corporation | Carleigh Jaques | Technology | |
| Fortinet, Inc. | Janet Napolitano | Technology | |
| Fulcrum Therapeutics, Inc. | Rachel K. King | Healthcare | |
| Hamilton Beach Brands Holding Company | April L. Lane | Consumer Cyclical | |
| Hamilton Beach Brands Holding Company | Bela S. Mehta | Consumer Cyclical | |
| Hims & Hers Health, Inc. | Deborah M. Autor | Consumer Defensive | |
| Hyster-Yale, Inc. | Ann O'Hara | Industrials | |
| LivePerson, Inc. | Karin-Joyce Tjon | Technology | Black / African American |
| Magnera Corporation | Mary Dean Hall | Basic Materials | |
| Magnera Corporation | Samantha J. Marnick | Basic Materials | |
| Natural Gas Services Group, Inc. | Jean K. Holley | Energy | |
| NeoGenomics, Inc. | Felicia Williams | Healthcare | Black / African American |
| NVIDIA Corporation | Ellen Ochoa | Technology | Hispanic / Latino |
| Ouster, Inc. | Christina C. Correia | Technology | |
| PROG Holdings, Inc. | Daniela Mielke | Industrials | |
| Recursion Pharmaceuticals, Inc. | Dr. Franziska Michor Ph.D. | Healthcare | |
| RenaissanceRe Holdings Ltd. | Loretta J. Mester | Financial Services | |
| Revelyst, Inc. | Lynn Utter | Consumer Cyclical | |
| Southwest Airlines Co. | Patricia A. Watson | Industrials | |
| Southwest Airlines Co. | Sarah Feinberg | Industrials | |
| State Street Corporation | Patricia Halliday | Financial Services | |
| Tejon Ranch Co. | Denise Gammon | Industrials | |
| Terns Pharmaceuticals, Inc. | Heather D. Turner | Healthcare | |
| TPI Composites, Inc. | Jennifer Elaine Lowry | Industrials | |
| Twin Vee Powercats Co. | Marcia Kull | Consumer Cyclical | |
| UGI Corporation | Melanie Kirkwood Ruiz | Utilities | Black / African American |
| Utah Medical Products, Inc. | Carrie Leigh | Healthcare | |
| Valley National Bancorp | Nitzan Sandor | Financial Services | |
| Virpax Pharmaceuticals, Inc. | Esha Randhawa | Healthcare | |
| Whitestone REIT | Kristian M. Gathright | Real Estate | |
| Zentalis Pharmaceuticals, Inc. | Julie Marie Eastland | Healthcare |