October 2020 Report Summary

The WBC Women Joining Public Boards October Monthly Report, empowered by Equilar, shows a record number of women joining public boards. In October 2020, public companies appointed women to fill 125 seats, or 40.2% of seats filled—the largest number ever—including 44 women who identified as women of color. Healthcare and Tech companies led the way.

In October 2020, public companies appointed women to fill 40.2% of board seats. 123 women were named to public boards last month, and two of those women joined the boards of more than one company. It is noteworthy that several high-profile women are included in the list. Among them, Valerie B. Jarrett, a former senior advisor to President Obama, was named to the Walgreens Boots Alliance Inc.; and Dr. Nancy Snyderman, a former journalist with ABC News, was named to the Lyra Therapeutics board.

In October, 44 women identified as women of color with 34 identifying as African American. This is a critical measurement as diversity in business leadership is at the forefront of leadership practices in 2020. The large percentage of women of color appointed to public boards is accompanied by an increase in the number of women of color appointed to boards of companies in the Russell 3000 index. For comparison, in January 2020 no women appointed to boards of public companies in the Russell 3000 index identified as women of color while in October that number was 30.

Disclaimer: All Ethnicity data is collected through self reporting and thus percentages are calculated based on the number women who identified their race or ethnicity. In the case of October’s report, 44 women self-reported their race or ethnicity.

Companies named in the report represent various industries to include high-tech, biotechnology/pharmaceutical, energy and retail and more. 22% of women appointed were appointed to boards of public companies in the healthcare sector and 17.6% of women appointed were appointed to board of public companies in the technology sector. This is interesting as it includes companies like Adobe and Inuit and the trends for increasing numbers of women of color on boards continues.

The rise in the number of women appointed to boards of public companies also increases the number of seats women hold overall. According to the WOB 2020 Gender Equality index women hold 22.6% of board seats of the Russell 3000 companies prior to October. Women joined the board of 23 companies in the Russell 3000 index in October and we are working to track the share of seats women hold across not only companies in the Russell 3000 index but all public companies.

Company Title Industry Ethnicity
iBio, Inc. Alexandra Kropotova Healthcare
Digimarc Corporation Alicia Syrett Technology
YETI Holdings, Inc. Alison Dean Consumer Cyclical
X4 Pharmaceuticals, Inc. Alison Frances Lawton Healthcare
Limoneira Company Amy Fukutomi Consumer Defensive Asian / Pacific Islander
MGIC Investment Corporation Analisa M. Allen Financial Services
HarborOne Bancorp, Inc. Andreana Santangelo Financial Services
Advanced Energy Industries, Inc. Anne DelSanto Industrials
Spectrum Brands Holdings, Inc. Anne Sempowski Ward Consumer Defensive Black / African American
Atea Pharmaceuticals, Inc. Barbara Gayle Duncan Healthcare
Fusion Pharmaceuticals Inc. Barbara Gayle Duncan Healthcare
Blue Apron Holdings, Inc. Brenda L. Freeman Consumer Cyclical Black / African American
The TJX Companies, Inc. C. Kim Goodwin Consumer Cyclical Black / African American
Fluent, Inc. Carla S. Newell Communication Services
MediciNova, Inc. Carolyn D. Beaver Healthcare
Warner Music Group Corp. Ceci Kurzman Communication Services Black / African American
Crocs, Inc. Charisse Ford Hughes Consumer Cyclical Black / African American
iHeartMedia, Inc. Cheryl D. Mills Communication Services Black / African American
Datto Holding Corp. Christina Silvia Lema Technology
Allegro MicroSystems, Inc. Christine King Technology
Zillow Group, Inc. Claire Cormier Thielke Communication Services Black / African American
Southern Company Colette D. Honorable Utilities Black / African American
American Well Corporation Deborah C. Jackson Healthcare Black / African American
Southern National Bancorp of Virginia, Inc. Deborah Diaz Financial Services Hispanic / Latino
Celanese Corporation Deborah J. Kissire Basic Materials
The L.S. Starrett Company Deborah R. Gordon Industrials
UDR, Inc. Diane M. Morefield Real Estate
Allena Pharmaceuticals, Inc. Dr. Ann Calby Miller M.D. Healthcare
Neogen Corporation Dr. Catherine E. Woteki Ph.D. Healthcare
Chinook Therapeutics, Inc. Dr. Dolca Thomas M.D. Healthcare
AVROBIO, Inc. Dr. Gail M. Farfel Ph.D Healthcare
Cerecor Inc. Dr. Gilla Kaplan Ph.D. Healthcare
Dynex Capital, Inc. Dr. Julia Lynn Coronado Ph.D. Real Estate
Axovant Gene Therapies Ltd. Dr. Kristiina Vuori M.D., Ph.D. Healthcare
Lyra Therapeutics, Inc. Dr. Nancy L. Snyderman M.D. Healthcare
United Bankshares, Inc. Dr. Patrice A. Harris Financial Services Black / African American
Oak Street Health, Inc. Dr. Regina M. Benjamin M.D. Healthcare Black / African American
SQZ Biotechnologies Company Dr. Sapna Srivastava Ph.D. Healthcare Asian / Pacific Islander
Viveve Medical, Inc. Dr. Sharon Collins Presnell Ph.D. Healthcare
Sonoco Products Company Eleni Istavridis Consumer Cyclical
NRG Energy, Inc. Elisabeth B. Donohue Utilities
Moleculin Biotech, Inc. Elizabeth A. Cermak Healthcare
Sunrun Inc. Ellen S. Smith Technology
The RealReal, Inc. Emma Grede Consumer Cyclical
Bassett Furniture Industries, Incorporated Emma S. Battle Consumer Cyclical Black / African American
World Wrestling Entertainment, Inc. Erika Nardini Communication Services
Assembly Biosciences, Inc. Gina Consylman Healthcare
Vontier Corporation Gloria R. Boyland Technology Black / African American
Yext, Inc. Hillary B. Smith Technology
Trinseo S.A. Jeanmarie F. Desmond Basic Materials
Artisan Partners Asset Management Inc. Jennifer Barbetta Financial Services
Blue Apron Holdings, Inc. Jennifer Carr-Smith Consumer Cyclical
MediaAlpha, Inc. Jennifer L. Moyer Communication Services
Dycom Industries, Inc. Jennifer M. Fritzsche Industrials
Root, Inc. Jerri L. DeVard Financial Services Black / African American
Berry Global Group, Inc. Jill A. Rahman Consumer Cyclical Black / African American
Old Second Bancorp, Inc. Jill E. York Financial Services
Leslie's, Inc. Jodeen A. Kozlak Consumer Cyclical
Dynex Capital, Inc. Joy D. Palmer Real Estate
MediaAlpha, Inc. Kathy P. Vrabeck Communication Services
Black Knight, Inc. Katie Burke Technology
Lincoln Electric Holdings, Inc. Kellye L. Walker Industrials Black / African American
GSI Technology, Inc. Kim Le Technology Asian / Pacific Islander
Cummins Inc. Kimberly A. Nelson Industrials Black / African American
Green Plains Inc. Kimberly Wagner Basic Materials
Public Storage Kristy M. Pipes Real Estate
Creatd Inc. LaBrena Martin Communication Services Black / African American
Advanced Energy Industries, Inc. Lanesha Minnix Industrials Black / African American
MediaAlpha, Inc. Lara Sweet Communication Services
International Money Express, Inc. Laura I. Maydon Technology
Corporate Office Properties Trust Letitia A. Long Real Estate
Matthews International Corporation Lillian Etzkorn Industrials
Schmitt Industries, Inc. Lillian Tung Technology Asian / Pacific Islander
McKesson Corporation Linda P. Mantia Healthcare
iBio, Inc. Linda Washington Armstrong Healthcare
Phillips 66 Lisa Ann Davis Energy
Milestone Pharmaceuticals Inc. Lisa M. Giles Healthcare
PennyMac Financial Services, Inc. Lisa M. Shalett Financial Services
Douglas Dynamics, Inc. Lisa R. Bacus Consumer Cyclical Hispanic / Latino
Kilroy Realty Corporation Louisa Ritter Real Estate
TechnipFMC plc Margareth Ovrum Energy
Schlumberger Limited Maria Moræus Hanssen Energy
Guild Holdings Company Martha E. Marcon Financial Services
Albertsons Companies, Inc. Mary Beth E. West Consumer Defensive Black / African American
Village Bank and Trust Financial Corp. Mary Margaret Kastelberg Financial Services
Adobe Inc. Melanie Boulden Technology Black / African American
Teledyne Technologies Incorporated Michelle A. Kumbier Technology
Coupa Software Incorporated Michelle Brennan Technology
Chinook Therapeutics, Inc. Michelle Renee Griffin Healthcare
BorgWarner Inc. Nelda J. Connors Consumer Cyclical Black / African American
Soliton, Inc. Niquette L. Hunt Healthcare
Sunnova Energy International Inc. Nora Mead Brownell Technology
John B. Sanfilippo & Son, Inc. Pamela Forbes Lieberman Consumer Defensive
J2 Global, Inc. Pamela Sutton-Wallace Technology Black / African American
Virtusa Corporation Patricia B. Morrison Technology
Phillips 66 Partners LP Paula Ann Johnson Energy
Semtech Corporation Paula C. LuPriore Technology
Steel Connect, Inc. Renata Simril Industrials Black / African American
Verizon Communications Inc. Roxanne Austin Communication Services
DMC Global Inc. Ruth I. Dreessen Energy
Pinterest, Inc. Salaam Coleman Smith Communication Services Black / African American
Data I/O Corporation Sally A. Washlow Technology
NETGEAR, Inc. Sarah Butterfass Technology
Party City Holdco Inc. Sarah Dodds-Brown Consumer Cyclical Black / African American
Inspire Medical Systems, Inc. Shelley G. Broader Healthcare
Energous Corporation Sheryl Wilkerson Technology Black / African American
Agenus Inc. Susan B. Hirsch Healthcare
Leslie's, Inc. Susan C. O’Farrell Consumer Cyclical
ON Semiconductor Corporation Susan K. Carter Technology
Enstar Group Limited Susan Lee Cross Financial Services
National Vision Holdings, Inc. Susan Somersille Johnson Consumer Cyclical Black / African American
Hancock Whitney Corporation Suzette Kent Financial Services
AMN Healthcare Services, Inc. Sylvia Trent-Adams Healthcare Black / African American
Intuit Inc. Tekedra Mawakana Technology Black / African American
Fluor Corporation Teri Plummer McClure Industrials Black / African American
California Resources Corporation Tiffany Thom Cepak Energy Black / African American
The Children's Place, Inc. Tracey R. Griffin Consumer Cyclical Black / African American
Ralph Lauren Corporation Valerie B. Jarrett Consumer Cyclical Multi-racial
Walgreens Boots Alliance, Inc. Valerie B. Jarrett Healthcare Multi-racial
First Hawaiian, Inc. Vanessa L. Washington Financial Services Black / African American
MediaAlpha, Inc. Venmal Arasu Communication Services Asian / Pacific Islander
Exagen Inc. Wendy S. Johnson Healthcare
Sino-Global Shipping America, Ltd. Xiaohuan Huang Industrials Asian / Pacific Islander
Hawkins, Inc. Yi Tang Basic Materials Asian / Pacific Islander
Leslie's, Inc. Yolanda Daniel Consumer Cyclical

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