December 2024 Report Summary
As 2024 concluded, companies continued to diversify board composition by appointing women to public company boards in December.
Women comprised 21.3% of new appointments to public boards of directors, with 43 women and 159 men appointed in December 2024. In 2025, it is more important than ever to address data transparency and board diversity at the board level. This work remains critical to ensuring the advancement of women in boardrooms and professional environments overall.
While only 20.9% 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 December, women who self-identified as Asian or Pacific Islander were represented the highest in board appointments, with 6 women appointed to boards, making up about 7% of all appointed women.
Of the newly women appointed to the boards of public companies, 26, or 60.47%, were first-time board appointments.
In December, technology companies led the way in the appointment of women board directors with 25.58% of total appointments. Industrial companies followed closely behind with women filling 16.28% of newly appointed board memberships.
Additionally, women affiliated with WBC Partner organizations also touted appointments in December, including Janet Brutschea Haugen of the National Association of Corporate Directors and Martha J. Crawford of Women Corporate Directors. Finally, WBC acknowledges companies leading the way this month including Zspace 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 | Director | Industry | Ethnicity |
|---|---|---|---|
| Agilysys, Inc. | Lisa Pope  | Technology | |
| Alamo Group Inc. | Colleen Haley | Industrials | |
| Alliance Resource Partners, L.P. | Ronna R. McDaniel | Energy | |
| American Vanguard Corporation | Carmen Tiu | Basic Materials | |
| Associated Banc-Corp | Kristen M. Ludgate | Financial Services | |
| Blink Charging Co. | Martha J. Crawford | Industrials | |
| Braemar Hotels & Resorts Inc. | Rebecca Musser | Real Estate | |
| Chimera Investment Corporation | Cynthia B. Walsh | Real Estate | |
| Clearfield, Inc. | Catherine T. Kelly | Technology | |
| Constellation Energy Corporation | Eileen P. Drake | Utilities | |
| Dana Incorporated | Nora E. LaFreniere | Consumer Cyclical | |
| Duolingo, Inc. | Bonnie Ross | Technology | |
| EMCOR Group, Inc. | Amy E. Dahl | Industrials | |
| Five Below, Inc. | Winifred Y. Park | Consumer Cyclical | Asian / Pacific Islander |
| Health Catalyst, Inc. | Jill Hoggard Green | Healthcare | |
| Health In Tech, Inc. | Lynn Liang | Technology | Asian / Pacific Islander |
| Inpoint Commercial Real Estate Income, Inc. | Denise C. Kramer | Real Estate | |
| JAKKS Pacific, Inc. | Neilwantie Mahabir | Consumer Cyclical | Asian / Pacific Islander |
| KeyCorp | Jacqueline Allard | Financial Services | |
| Knowles Corporation | Laura Angelini | Technology | |
| Legacy Housing Corporation | Skyler M. Howton | Consumer Cyclical | |
| MicroStrategy Incorporated | Jane A. Dietze | Technology | |
| Northrim BanCorp, Inc. | Shauna Hegna | Financial Services | Indigenous People |
| NuScale Power Corporation | Diana J. Walters | Industrials | |
| Owens Corning | Michelle T. Collins | Industrials | |
| PagerDuty, Inc. | Sarah Franklin | Technology | |
| Palvella Therapeutics, Inc. | Dr. Elaine J. Heron Ph.D. | Healthcare | |
| Peloton Interactive, Inc. | Tara Comonte | Consumer Cyclical | |
| RingCentral, Inc. | Amy Guggenheim Shenkan | Technology | |
| Senti Biosciences, Inc. | Frances Schulz | Healthcare | |
| Serve Robotics Inc. | Lily Sarafan | Industrials |