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24 March 2024 / Quick Take
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Copy LinkCorporate America’s boardrooms are significantly more gender diverse than its corner offices. Today, 33% of board members at S&P 500 companies are women, an 8-point increase since 2019. By contrast, just 9% of CEOs in the S&P 500 are women, up 4 points since 2019—but this may soon change.
Corporate America’s boardrooms are significantly more gender diverse than its corner offices. Today, 33% of board members at S&P 500 companies are women, an 8-point increase since 2019. By contrast, just 9% of CEOs in the S&P 500 are women, up 4 points since 2019—but this may soon change.
S&P 500 boards that appointed a female CEO have been more gender diverse than the average S&P 500 board. If past is prologue, the fact that 33% of all S&P 500 corporate directors today are women may mean that more boards are positioned to choose a female CEO. Indeed, today’s female CEOs were appointed by a board where, on average, one-third of the directors were women.
Of course, the composition of the board is only one possible facto
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