June 24, 2014
In this story I look at why the number of women on US company boards is still so low. From one perspective, American companies are on the right track - according to a recent Heidrick & Struggles study, more than 20% of board seats at Fortune 500 companies are now occupied by women. The latest Catalyst numbers indicate the number isn't quite that high.
Still, the vast majority of people who make household purchases are women, and some of those companies that make the stuff women buy have no women on their boards at all. Quotas aren't a popular idea in this country, and there's varying evidence about how useful they are overall. Powerful shareholder groups such as Calpers are now weighing in, trying to push companies to get more women and minorities into the boardroom - so far with limited success.