July 2025 Report Summary
Companies continue to diversify board composition by appointing women to public company boards.
Women comprised 24.1% of new appointments to public boards of directors, with 47 women and 148 men appointed in July 2025.
The pressure to increase diversity at the board level remains critical to ensuring the advancement of women in boardrooms and professional environments overall.
While only 27.7% 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 July, women who self-identified as Asian/Pacific Islander were represented highest in board appointments, with 11 women appointed to boards, making up about 23.4% of all appointed women.
Of the newly women appointed to the boards of public companies, 22 women, or 46.8%, were first-time board appointments. In July, Healthcare companies led the way in the appointment of women board directors with 23.4% of total appointments.
Additionally, women affiliated with WBC Partner organizations also touted appointments in July, including Julianne Averill of NACD Accelerate, Eugenia Corrales and Milena Alberti-Perez of Latino Corporate Directors Association, and Darlene Bryant of Ascend Pan-Asian Leaders.
Finally, WBC acknowledges companies leading the way this month include MaxsMaking Inc, NextDecade Corporation, Paramount Global, Royalty Pharma plc, Scholastic Corporation, and Waterstone Financial, Inc., which had the most reported 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 |
|---|---|---|---|
| Absci Corporation | Mary T. Szela  | Healthcare | |
| Akamai Technologies, Inc. | Janaki Akella | Technology | Asian / Pacific Islander |
| Alkami Technology, Inc. | Susanna Morgan | Technology | Prefer Not to Disclose |
| Bausch Health Companies Inc. | Sandra Leung | Healthcare | Asian / Pacific Islander |
| Biomea Fusion, Inc. | Julianne Averill | Healthcare | |
| CompoSecure, Inc. | Rebecca Corbin Loree | Industrials | |
| Concentra Group Holdings Parent, Inc. | Brigid A. Bonner | Healthcare | |
| ConocoPhillips | Ms. Kathleen Alana McGinty | Energy | |
| Empro Group Inc. | Siew Lian Neoh | Healthcare | Asian / Pacific Islander |
| Essential Properties Realty Trust, Inc. | Kristin Leigh Smallwood | Real Estate | |
| Everus Construction Group, Inc. | Helena Hernandez | Construction | |
| First Citizens BancShares, Inc. | Diane E. Morais | Financial Services | White / Caucasian |
| ImageneBio, Inc. | Dr. Kristin Yarema Ph.D. | Healthcare | |
| iRhythm Technologies, Inc. | Karen K. McGinnis | Healthcare | |
| Lamb Weston Holdings, Inc. | Ruth S. Kimmelshue | Consumer Defensive | |
| Linkhome Holdings Inc. | Minghui Sun | Real Estate | Asian / Pacific Islander |
| MaxsMaking Inc. | Yeeli Hua Zheng | Conglomerates | Asian / Pacific Islander |
| MaxsMaking Inc. | Wei Li | Conglomerates | Asian / Pacific Islander |
| Mayville Engineering Company, Inc. | Tania L. Wingfield | Industrials | |
| MicroVision, Inc. | Laura J. Peterson | Technology | |
| Morgan Stanley | Lynn Jones Good | Financial Services | White / Caucasian |
| NextDecade Corporation | Diana L. Sands | Energy | Asian / Pacific Islander |
| NextDecade Corporation | Pamela K.M. Beall | Energy | White / Caucasian |
| nVent Electric plc | Diane Leopold | Industrials | White / Caucasian |
| Organon & Co. | Ramona A. Sequeira | Healthcare | Asian / Pacific Islander |
| Paramount Global | Hon. Roanne Sragow Licht | Communication Services | |
| Paramount Global | Mary McInnis Boies | Communication Services | |
| Perella Weinberg Partners | Houda Dabboussi | Financial Services | |
| Power Solutions International, Inc. | Courtney C. Shea | Industrial Products | White / Caucasian |
| Quanterix Corporation | Dr. Myla P. Lai-Goldman M.D. | Healthcare | |
| Royalty Pharma plc | Elizabeth H. Weatherman | Healthcare | White / Caucasian |
| Royalty Pharma plc | Dr. Carole Ho M.D. | Healthcare | Asian / Pacific Islander |
| Salesforce, Inc. | Amy Chang | Technology | Asian / Pacific Islander |
| Scholastic Corporation | Anne Clarke Wolff | Communication Services | White / Caucasian |
| Scholastic Corporation | Milena Alberti-Perez | Communication Services | Hispanic / Latino |
| SEI Investments Company | Karin A. Risi | Financial Services | |
| SmartStop Self Storage REIT, Inc. | Lora Gotcheva | Real Estate | |
| The St. Joe Company | Elizabeth Dantin Franklin | Real Estate | |
| Viavi Solutions Inc. | Eugenia Corrales | Technology | Hispanic / Latino |
| Visteon Corporation | Marjorie T. Sennett | Consumer Cyclical | |
| Waterstone Financial, Inc. | Laura Piotrowski | Financial Services | |
| Waterstone Financial, Inc. | Molly A. Mulroy | Financial Services | |
| Weyco Group, Inc. | Becky Kryger | Consumer Cyclical | |
| Wolverine World Wide, Inc. | Cheryl Abel-Hodges | Consumer Cyclical | White / Caucasian |
| WW International, Inc. | Fallon OConnor-Brooks | Consumer Cyclical | |
| Yunhong CTI Ltd. | Darlene Bryant | Consumer Cyclical | Asian / Pacific Islander |
| Zebra Technologies Corporation | Mary McDowell | Technology | White / Caucasian |