Corporate boards with zero women down 15%

Though 738 companies on the Russell 3000 index had no female members on their board in 2016, 114 of those companies added a woman to their board in 2017, leading to a 15 percent drop in the number of corporate boards without women, according to a study by Equilar.

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Equilar gathered thedata by analyzing the gender compositions of corporate boards in the Russell 3000.

The representation of women on corporate boards has stayed the same for the past three months, but nearly 80 percent of public companies now have at least one woman on their boards.

“With so much activity related to placing women on boards in recent years, it’s an enigma as to why progress seems momentarily stalled,” said Blair Jones, a managing partner with Semler Brossy Consulting Group. “As companies prepare for the primary board nomination season in early 2018, there should be opportunities to once again make positive strides.”

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