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(REUTERS/Toru Hanai)

Glass ceiling

Number of women on corporate boards barely increasing, study finds

By WITW Staff on June 16, 2016

The research group Catalyst has put out its annual look at the makeups of corporate boards and the results aren’t encouraging for hard-charging career women.

The firm found that at S&P 500 companies in 2015, only one of every five board seats was held by a woman. That’s 19.9 percent, only up a small fraction from 19.2 percent in 2014.

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“Our new Census shows little progress has been made at the board level, and even less progress has been made in the pipeline for women officers and directors — suggesting women are nowhere near the path to parity with men,” Deborah Gillis, president and CEO of Catalyst said in a statement.

Gillis was a featured speaker at the White House’s United State of Women event, where the Catalyst research was also presented.

On the brighter side, it’s becoming less common to appoint zero female board members. Though at 24.6 percent of S&P 500 companies, there was only one woman on the board.

Read the full story at Fortune.


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