August 2023 Report Summary

Companies continue to diversify board composition by appointing women to the board of public companies.

In August, women comprised 25.8% of new appointments to the boards of public companies. 

Public companies appointed 71 women to boards and 204 men to their boards. The pressure to increase diversity at the board level remains critical to ensuring the advancement of women moving into board positions.

August Board Report

While only 17 of the newly appointed women board members (61.97% of new women appointments) chose to self-disclose their race, boards must continue to diversify and the data continues to highlight the value of disclosure. 

August 2023 (3)

In August, Asian/Pacific Islander and Black/African American women took the lead in board appointments with 7 women each being appointed to public boards, making up 41.18% of all appointments. They are closely followed by 3 Hispanic / Latino

 women (17.65%). Companies such as Coursera, Inc., Exelon Corporation, and CoStar Group, Inc. are leading the way as part of a phenomenal group that have appointed diverse women to their boards.

Of the 71 women appointed to the boards of public companies, 44, or 61.97%, were first time board appointments. In August, Healthcare companies led the way in the appointment of women followed by Industrials companies, with appointed women filling 25.35% of board seats at Healthcare companies and 18.31% at Industrials companies. In the Healthcare industry, we see strides being made by women at companies like Catalent, Inc.

Board Report Graphic #1 (4)

Equilar and WBC are tracking and analyzing the growth and rotation of board seats on public companies and the expanding candidate pool. We will continue to track and analyze not only the numbers, diversity and profile of the women being appointed to boards; but the companies and industries in which female board members are present and how many of the overall board seats are held by women.

Acushnet Holdings Corp.Leanne D. Cunningham Consumer Cyclical
agilon health, inc.Silvana Battaglia Healthcare
Agios Pharmaceuticals, Inc.Catherine Owen Healthcare
Ambac Financial Group, Inc.Kristi Ann Matus Financial Services
AMC Networks Inc.Debra G. Perelman Communication Services
American Software, Inc.Celena Matlock TechnologyBlack / African American
Amprius Technologies, Inc.Mary Gustanski Industrials
Arko Corp.Laura Karet Consumer Defensive
ATN International, Inc.Patricia Jacobs Communication Services
Axon Enterprise, Inc.Erika Ayers Industrials
Azitra IncBarbara Ryan Healthcare
BJ's Wholesale Club Holdings, Inc.Cathy Marie Robinson Consumer Defensive
Bloom Energy CorporationCynthia J. WarnerIndustrials
Blue Ridge Bankshares, Inc.Heather Mary Cozart Financial Services
Boston Scientific CorporationDr. Jessica L. Mega M.D. Healthcare
Boston Scientific CorporationSusan E. Morano Healthcare
Candel Therapeutics, Inc.Nicoletta Loggia Healthcare
Carpenter Technology CorporationColleen Pritchett Industrials
CAVA Group, Inc.Lauri Shanahan Consumer Cyclical
Century Aluminum CompanyTamla A. Olivier Basic MaterialsBlack / African American
Cerence Inc.Marcy S. Klevorn Technology
Comtech Telecommunications Corp.Ellen M. Lord Technology
Conn's, Inc.Ann Biggerstaff Gugino Consumer Cyclical
Digimarc CorporationLaShonda Anderson-Williams TechnologyBlack / African American
Discover Financial ServicesDaniela O'Leary-Gill Financial Services
DocuSign, Inc.Anna E. Marrs Technology
DTE Energy CompanyDeborah L. Byers UtilitiesAsian / Pacific Islander
Elicio Therapeutics, Inc.Carol Gail Ashe Healthcare
Elicio Therapeutics, Inc.Yekaterina ChudnovskyHealthcare
Entera Bio Ltd.Haya Taitel Healthcare
Enviri CorporationRebecca Martinez O'Mara IndustrialsHispanic / Latino
EPAM Systems, Inc.Chandra McMahonTechnology
ESSA Pharma Inc.Lauren Merendino Healthcare
ExlService Holdings, Inc.Sarah K. Williamson Technology
Fastenal CompanyIrene Ayeley Quarshie IndustrialsBlack / African American
Fortune Brands Innovations, Inc.Amee Chande Consumer CyclicalAsian / Pacific Islander
General Motors CompanyDr. Jan E. Tighe Ph.D. Consumer Cyclical
G-III Apparel Group, Ltd.Dr. Joyce F. Brown Consumer CyclicalBlack / African American
GSR II Meteora Acquisition Corp.Jacqueline Marks Financial Services
Heartland Financial USA, Inc.Opal G. Perry Financial Services
Helmerich & Payne, Inc.Elizabeth R. Killinger Energy
Hewlett Packard Enterprise CompanyBethany J. Mayer Technology
Intuitive Machines, Inc.Nicole SeligmanIndustrials
Investar Holding CorporationAnita Fontenot Financial Services
iRhythm Technologies, Inc.Mojdeh Poul Healthcare
Janus Henderson Group plcLeslie Seidman Financial Services
Kearny Financial Corp.Melvina Wong-ZazaFinancial ServicesAsian / Pacific Islander
Lakeland Industries, Inc.Melissa KiddConsumer Cyclical
Lipella Pharmaceuticals IncLori Birder Healthcare
Matador Resources CompanyShelley F. AppelEnergy
Medifast, Inc.Elizabeth A. GearyConsumer Cyclical
Mirati Therapeutics, Inc.Carol Gallagher Healthcare
Navidea Biopharmaceuticals, Inc.Jill Stefanelli Healthcare
NeoGenomics, Inc.Elizabeth Floegel Healthcare
NET Power Inc.Alejandra Veltmann  IndustrialsHispanic / Latino
NET Power Inc.Eunkyung Sung  IndustrialsAsian / Pacific Islander
NET Power Inc.Carol R. Peterson Industrials
NIKE, Inc.Maria G. HenryConsumer Cyclical
Olin CorporationJulie A. Piggott Basic Materials
ONE Gas, Inc.Deborah A. P. Hersman Utilities
OneSpaWorld Holdings LimitedLisa Feinman Myers Consumer Cyclical
Overseas Shipholding Group, Inc.Elaine D. LuriaEnergy
Patterson Companies, Inc.Meenu Agarwal HealthcareAsian / Pacific Islander
PennyMac Mortgage Investment TrustDonna M. Corley Real Estate
Perficient, Inc.Jill Ackerman Jones Technology
Perspective Therapeutics, Inc.Heidi Henson Healthcare
Petco Health and Wellness Company, Inc.Iris Yen Consumer CyclicalAsian / Pacific Islander
Phillips Edison & Company, Inc.Parilee Edison Wang Real Estate
POINT Biopharma Global Inc.Dr. Bridget A. Martell M.D. Healthcare
Prometheus Biosciences, Inc.Rita Karachun Healthcare
Qualtrics International Inc.Karen King Technology
Rackspace Technology, Inc.Betsy S. Atkins Technology
Replimune Group, Inc.Veleka R. Peeples-DyerHealthcareBlack / African American
Sanmina CorporationMythili Sankaran TechnologyAsian / Pacific Islander
Sanmina CorporationSusan K. Barnes Technology
Sight Sciences, Inc.Catherine Mazzacco Healthcare
Simpson Manufacturing Co., Inc.Chau Banks IndustrialsAsian / Pacific Islander
Simpson Manufacturing Co., Inc.Felica Coney IndustrialsBlack / African American
Sterling Check Corp.Kristin Ann Johnsen Technology
Tenable Holdings, Inc.Margaret M. Keane Technology
Teva Pharmaceutical Industries LimitedMichal Braverman-Blumenstyk Healthcare
The Carlyle Group Inc.Sharda Cherwoo Financial ServicesAsian / Pacific Islander
Trajectory Alpha Acquisition Corp.Sarah Watson Financial Services
UWM Holdings CorporationStacey Coopes Financial Services
Watsco, Inc.Ana Lopez-Blazquez IndustrialsHispanic / Latino
WisdomTree, Inc.Shamla Naidoo Financial ServicesAsian / Pacific Islander
Woodward, Inc.Mary D. Petryszyn Industrials
Woodward, Inc.Tana Leigh Utley Industrials
WW International, Inc.Tara Comonte Consumer Cyclical