Press Releases

  • 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...
  • 2020 Women on Boards Closes in on National Campaign Goal

    2016 report reveals a message to companies: Don’t wait. Add a woman to your board

    November 10

    BOSTON--Six years into its ten-year campaign, 2020 Women on Boards reports that women continue to make gains in the boardrooms of US companies, according to the organization’s 2016 Gender Diversity Index (GDI) of Fortune 1000 (F1000) companies. Women now hold 19.7% of board seats of GDI companies. The goal of reaching 20% women on the boards of directors of the largest companies in the U.S. is within reach.
    Furthermore, the report finds that of the 120 GDI companies that added women to their boards in 2016, 58% or 70 companies did so by increasing the size of their boards to include a new female director. This demonstrates that companies are not necessarily waiting for a board seat to open up, but rather prioritizing the urgent need for greater diversity of thought.
    The GDI has tracked the number of women on boards since 2011 using the F1000 list from 2010 as a baseline of comparison. This...

  • Boardroom Diversity: When Women Lead

    BOSTON, June 6

    What does it take to put more women on boards? Women! A new report by 2020 Women on Boards finds that companies led by women create more opportunities for women directors than their male counterparts The study, Boardroom Diversity: When Women Lead, looks at the board composition of 960 companies on the 2015 Fortune 1000 list. The bottom line: there is a strong correlation between the gender of a company’s key leaders and the diversity of its board of directors.
    The report's key findings include:

    • Boards with female CEOs, Board Chairs, or Nominating Committee Chairs are significantly more gender diverse than boards with male leadership.
    • Of the Fortune 1000 companies with a female CEO or Board Chair, 88% and 86% of companies respectively have already...
  • 2020 Women on Boards Announces the 2015 Winning W Companies

    The Campaign Celebrates Businesses Committed to Gender Diversity

    March 22

    BOSTON—2020 Women on Boards recognizes 664 “W” Winning companies for their commitment to maintaining gender diverse boards of directors in 2015. “W” Companies value the contributions women bring to the boardroom by having 20% or more of their board seats held by female directors.
    In addition, 201 of this year’s Winning companies celebrated five consecutive years on the “W” list, earning them spots on the 2020WOB Honor Roll. Each “W” Company CEO recently received a 2020WOB certificate of achievement to display in the workplace so employees and business partners can appreciate their company’s efforts to promote diversity and inclusion.
    The complete list of “W” Companies can be found in 2020 Women on Boards’ Gender Diversity Directory, a database that ranks 1,820 of the U.S.’s leading businesses...

  • Resolution Pushes for More Women on Boards

    S1007 Vote Passes Aiming to Change How We Do Business in Massachusetts

    Boston, MA, October 22

    BOSTON—Members of the House unanimously voted yesterday to pass Massachusetts State Resolution S1007, urging companies to put at least three women on their boards of nine or greater by the year 2018.  For smaller companies, the resolution recommends that boards include at least two women. The passing of the non-binding resolution, which was also passed by the Massachusetts Senate over the summer, shows a commitment to gender diversity in local business.
    Members of the House suggested Bay State companies publicly disclose the number of women on their boards and in management positions, and that they adopt policies on gender diversity.  Many also said that 20 percent representation of women on boards should be a minimum requirement, and that companies should consider placing even more women in these roles.  Several representatives said a call for 20 percent representation should be the minimum,...