NYT on Board Diversity Increased in 2021

In response to a recent article in the New York Times, Corporate Board Diversity Increased in 2021. Some ask What Took So Long. Olivia Wakefield, Partner at Pay Governance, had this to say, "This overview is consistent with the research that we have been doing at Pay Governance regarding Women on Boards. Board gender diversity remains a major corporate governance objective globally. The U.S. has achieved substantial progress on gender diversity at many large publicly traded companies. Over the past five years, the number of women board members has increased by 2,700. At the same time, more than 1,900 men have departed these boards. As a result, 30 percent of board members at the S&P 500 are women. While there is more work to do, this is a significant shift in boardroom demographics. To understand the progress of women serving on boards, we examined unique information from the DirectorMoves database. For the full Pay Governance article, please click on the link below. https://www.paygovernance.com/viewpoints/women-on-boards-the-u-s-corporate-journey-towards-gender-diversity."

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