Women exceed 25% of board seats on S&P 500 for the first time

Viewed in Bloomberg.

Publicly-traded companies have been making a conscientious effort of late to diversify their corporate boards, and one primary objective has been expanding the number of women on them.

But how much progress has actually been made?

Spencer Stuart, one of the world’s largest and most prominent executive recruitment firms, has completed an analysis of board composition of S&P 500 companies, finding that (for the first time as of last summer) each of the 500 S&P 500 companies now has at least one woman on its board of directors.

The firm also found that (for the first time) women now occupy over one-fourth of all board seats of S&P 500 companies with accelerated progress of late; among new directors added so far this year, nearly half (46 percent) have been women, Spencer Stuart found.

About The Best Business Reads

One of our goals at The Official Board is to bring relevant business content and information. In this space, we feature summaries of the best business reads we encounter each month. To make suggestions, please contact@theofficialboard.com.