America is falling behind other nations in promoting women to the highest levels of corporate leadership and companies must take steps to boost the number of women on corporate boards to ensure that the United States remains competitive in the global economy. That is the central finding of a new report, Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive, from the business-led Committee for Economic Development (CED). The report, released at a luncheon forum in New York City on Monday, June 25, 2012, examines the current state of corporate boards and urges companies to expand opportunities for women and make it a priority to develop the talents and advance the careers of female staff who have been identified as potential leaders.