The panelists discussed recommendations such as: setting and measuring goals, shortlisting women candidates, tracking promising women, and mentoring/sponsoring women board candidates. Victor Dodig, President and CEO, CIBC and Chair, 30% Club Canada, authored a blog post after the event about the importance of increasing gender balance on boards, along with associated action steps.
The Summit was so successful that plans are now underway to host the Summit in other regions.
2020 Women On Boards Releases 2016 Gender Diversity Index
The new report indicates the goal of increasing representation of women on US company boards to 20% or greater by 2020 has nearly been reached. Among 810 active companies analyzed within the US Fortune 1000, women hold 19.7% of board positions. Women held 18.8% of board seats in 2015 and 14.6% of board seats in 2011.
Spencer Stuart Board Index (SSBI) Shows Growth for Women in the Boardroom
According to the newest SSBI, women account for 32% of new directors on S&P 500 boards in the 2016 proxy year—the highest percentage recorded by Spencer Stuart. An additional increase identified within the report entails investors holding 12% of new independent director seats.
Stay tuned for the launch of our new, searchable Women On Board™ Source directory!
Did You Know? According to survey results from the Global Strategy Group and Rockefeller Foundation, one in four Americans thinks it is more likely that humans will colonize Mars than that half of Fortune 500 CEOs will be women.