Press Releases

  • 2020 Women on Boards Exceeds Historic 20% Goal One Year Early; Russell 3000 Corporations Add 941 Seats for Women

    Interviews are available with 2020 Women on Boards Co-founders Stephanie Sonnabend and Malli Gero, and CEO Betsy Berkhemer-Credaire

    LOS ANGELES, CA, September 11

    National advocacy group 2020 Women on Boards announced today that women hold 20.4% of the board seats on publicly traded companies in the Russell 3,000 Index, exceeding its namesake goal a full year ahead of schedule that women would hold 20% of corporate board seats by the year 2020.

    “We beat the 20% goal thanks to consistent and proactive efforts by shareholders, enlightened corporate CEOs, and our national 2020WOB research and public awareness campaign,” said 2020 Women on Boards co-founder Stephanie Sonnabend.

    “The pendulum has swung from a glacial lack of progress to visible forward momentum,” added 2020 Women on Boards co-founder Malli Gero.
    2020 Women on Boards, the national advocacy and research organization dedicated to increasing gender diversity on corporate boards, analyzed data on the Russell 3000 companies provided by Equilar. They found these companies added 941 board...

  • National Nonprofit Campaign 2020 Women on Boards Congratulates Russell 3000 Companies With 20% Women Directors on Corporate Boards

    LOS ANGELES, CA, May 28

    Today, 798 public companies with at least 20% of their board seats held by women in 2018, are being recognized by national nonprofit “2020 Women on Boards.” Each company’s Chief Executive Officer receives a congratulatory letter and a “W” certificate, as a “Winning Company,” applauding his or her commitment to gender diversity on their boards of directors.

    Every year, 2020 Women on Boards tracks the progress of all corporations on the Russell 3000, comprised of the 3,000 largest U.S.-traded stocks, representing about 98% of all U.S. incorporated equity securities. The nonprofit organization monitors and publishes how many women are on each board of directors, and ranks each company from "W" for “Winning,” with at least 20%, to "Z" for Zero, meaning no women directors. Half the Russell 3000 companies still have only one woman director or none. The...

  • 2020 Women On Boards Reports Half Of Russell 3000 Companies Lack Women Directors On Boards, IPOs Fare Worse

    Los Angeles, CA, November 8

    Half of companies on the Russell 3000 Index (R3000) have no women directors or only one woman on their boards, according to this year’s Gender Diversity Index (GDI) published by 2020 Women on Boards, the national education and advocacy campaign whose mission is to increase the number of women who serve on corporate boards of directors.  New IPOs are lagging even further behind, where 80 percent of the top 25 IPO companies in 2017 went public with no women directors or only one woman on their boards. Despite these disappointing findings, some progress has been made. Women now hold 17.7 percent of the board seats in the R3000, up from 16 percent last year.

    ”Shareholders are paying close attention to this slow progress and registering their dissatisfaction with boards. They know that when women serve on boards, a greater return on their investment is highly likely, according to independent studies. The pipeline...

  • “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...