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Boardroom Diversity Increases at a Slow Pace: Catalyst Research
July 18, 2016
According to the
2015 Catalyst Census: Women and Men Board Directors, that increase is occurring quite
slowly, however. In 2015, 19.9% of S&P 500 board seats were held by women, up less than one percentage point from
19.2% in 2014.
The percentage of women appointed to new directorships was higher than the overall prevalence, meaning that they
are gaining ground. That said, men took 73.1% of new S&P 500 directorships in 2015,
vs. 26.9% for women.
“Little progress has been made at the board level,” said Deborah Gillis, President and CEO, Catalyst. “Men
continue to be overrepresented, holding more than their fair share of board seats and, in some cases, all
the board seats.”
Indeed, 2.8% of S&P 500 companies still had zero women directors, while about 25% had just one, the Catalyst
report showed. Furthermore, just one in seven S&P 500 companies had 30% or more women on their boards—which
Catalyst classifies as
“on the path to parity."
As a recent Equilar study found, nearly 25% of female board members
serve on multiple boards vs. 19% of males
serving as multiple directors, meaning that the number of individual women directors is actually a smaller
percentage of the whole. According to Equilar data, just over 19% of unique board members in the S&P 500—or 913
women out of 4,759 total directors—were female in 2015.
For more information on Equilar’s research and data analysis, please contact Dan Marcec, Director of Content &
Marketing Communications at dmarcec@equilar.com.