US companies continue a slow march toward gender diversity. Unfortunately, it is not at the pace needed to result in a significant expansion of board diversity in the near term.
As part of the EY Center for Board Matter’s ongoing board diversity series, this year, we highlight three observations about gender diversity on US corporate boards. The report is based on the Center’s proprietary corporate governance database and reflects data from S&P 1500 companies.
Observation 1: Increasing board size to add female directors is common.
Observation 2: Female directors bring different experience to the board.
Observation 3: Gender diversity is rising, but slowly.
For the full report, click here.