BoardroomDirect ®

BoardroomDirect®
Update on the current board issues: January 2016

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Issue in focus

US GAO: It could take 40 years for women to catch up to men on boards

While the number of women on public company boards has regularly increased over the last eight years, equality could still be decades away, according to a new report by the US Government Accountability Office (GAO).

In 2014, women held about 16% of board seats in the S&P 1500, an increase from 8% in 1997. However, even if equal proportions of women and men joined boards each year beginning in 2015, the GAO estimates it could take more than four decades for women representation on boards to be on par with that of men.

The GAO analyzed data from S&P 1500 company boards and conducted interviews with 19 stakeholders, including CEOs, board directors, and investors.

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