Press Releases

  • “2020 Women on Boards” Applauds NY State Pension Fund and BlackRock’s Pressure for More Women Directors

    National Nonprofit Campaign 2020WOB Pursuing Awareness Strategy to Galvanize Support

    Los Angeles, CA, March 27

    The national public awareness campaign 2020 Women on Boards (2020WOB) applauds two separate, timely actions by the New York State Common Retirement Fund and asset management firm BlackRock during the current 2018 proxy season.  Both institutional investment organizations stated they will oppose re-election of corporate directors currently on U.S. corporate boards that do not currently have women on their boards. The NY State pension fund just announced it would vote against all directors of a company that has no women directors.  And BlackRock in February said it would vote against the nominating committee chair on boards without at least two women directors. 

    “These two giant investors are taking the most concrete and targeted steps yet to turn the tide,” said Betsy Berkhemer-Credaire, CEO of Los Angeles-based 2020WOB. “For many years now, research studies have shown that companies with...

  • Nonprofit “2020 Women on Boards" Names New CEO in Los Angeles

    Boston/Los Angeles, January 20

    The national nonprofit 2020 Women on Boards, established in 2010 in Boston, has announced its new CEO, Betsy Berkhemer-Credaire, based in Los Angeles. For the last 24 years, Berkhemer-Credaire has been CEO of Berkhemer Clayton Inc., retained executive search, specializing in senior-level searches for corporations, nonprofits and universities.  She is the author of the book “The Board Game—How Smart Women Become Corporate Directors,” and has been Los Angeles/Orange County chapter chair of WomenCorporateDirectors. 
     
    Founded by Stephanie Sonnabend and Malli Gero, 2020 Women on Boards is a 501c3 nonprofit dedicated to achieving at least 20% women directors on all publicly held corporate boards in the U.S., by the year 2020, the 100th anniversary of women’s right to vote.  Best known for its “National Conversation on Board Diversity” events staged in 20 cities...

  • 2020 Women on Boards Exceeds 20% National Campaign Goal

    55% of Companies Achieve or Surpass Campaign Goal

    Boston, MA, November 8

    Women now hold 20.8% of the board seats of publicly traded companies, exceeding 2020 Women on Boards’ 20% national campaign goal, according to this year’s Gender Diversity Index of Fortune 1000 Companies released today.
     
    The Gender Diversity Index (GDI) has tracked the number of women on boards since 2011 using the Fortune 1000 (F1000) list from 2010 as a baseline of comparison. This year, the GDI is comprised of 801 active companies. Companies fall off the list each year due to sales, mergers, bankruptcies, and other variables.
     
    2020 Women on Boards ranks companies on a “W” (Winning) to “Z” (Zero) scale. Winning “W” Companies have 20% or greater women on their boards; Very Close “V” Companies have 11-19% women on their boards; Token “T” Companies have one woman; and, Zero “Z” Companies have no...

  • 2020 Women On Boards Recognizes Eight Illinois Companies For Gender Diversity In The Board Room

    State’s Corporate Boards Still Lag in Gender Diversity at 19.5%; Only 32% of IL Fortune 1000 Companies Have 20% or More Women on Boards

    Chicago, November 8

    The Chicago Campaign of 2020 Women on Boards, a national organization that aims to boost female representation on corporate boards to 20 percent or greater by the year 2020, on Wednesday, Nov. 15, will recognize eight Chicago-area companies for leadership in gender diversity on their boards.
     
    The companies – Abbott; the Allstate Corp.; Associated Banc-Corp.; Deloitte LLP; Arthur J. Gallagher & Co.; Ingredion Inc.; McDonald’s Corp.; and The Metropolitan will receive Ambassador Awards at the event, to be held at Deloitte’s Chicago offices. Through 2016, each company had achieved board representation of at least 20 percent women for the past six years or more.
     
    “Diversity of thought leadership on boards is essential for the sustainability of business of all sizes, as well as for the greater public good,” said Kathy Graham, chair of the 2020 Women on Boards Chicago...

  • Women: Not Present on IPO Company Boards

    Boston, MA, July 19

    2020 Women on Boards has released a study of recently-launched IPO companies to test a common precept that companies go public without any or few women on their boards. The national campaign, whose mission is to educate and advocate for more gender diverse boards, tracked the 25 largest IPOs[1] in 2014, 2015, and 2016. The results supported the belief that IPOs have a poor track record when it comes to putting women on their boards.

    • Of the 75 largest IPO companies that went public between 2014-2016, nearly half, or 37 companies, went public with no women on their boards.
    • Another 25%, or 19 companies, had only one woman on the board.
    • Even after a year or two of being public, two thirds of the companies still had one or no female directors.
    • The percentage of women on boards at IPO is a meager 9.4% and only increases to...