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19 Oct, 2012

Women Gain in US Company Boardrooms – 2012/20 Gender Diversity Index

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BOSTON–(BUSINESS WIRE) – October 17, 2012 – Women now hold 15.6% of the boardroom seats of America’s largest public companies, a one percentage point gain over last year, according to the latest 2020 Women on Boards Gender Diversity Index of Fortune 1000 Companies released today.

Smaller companies (numbers 501 – 1000) showed the largest gain this year, 13.6% in 2012 compared with 12.4% in 2011 when the 2020 Index was introduced. The 2020 Index quantifies gender diversity on US public company boards from the 2010 Fortune 1000 list. All the companies’ gender diversity numbers are displayed in the company directory on 2020WOB.com

The number of “W” companies (those with 20% or more women) grew this year to 308 from 273 last year, a gain of 13%. The number of Z companies (those with no women on their boards) fell in 2012 to 152 from 177 in 2011, a 14% change. The 2020 Women on Boards campaign categorizes companies in four ways: Winning “W” Companies (20% or greater); Very Close “V” Companies (11 – 19%); Token “T” Companies (1 woman) or Zero “Z” Companies (0 women).

“The campaign to put more women on corporate boards is working,” said Stephanie Sonnabend, co-founder and chair of 2020 Women on Boards and President of Sonesta Collection Hotels Resorts Suites. “After years of no improvement, this year Fortune 1000 companies added 74 women. Companies of all sizes are getting the message that it’s time to put women on their boards.”

Malli Gero, co-founder and executive director of 2020 Women on Boards confirmed, “We will continue with our education and advocacy efforts to educate companies that board diversity is a necessary and profitable business practice today.”

2020 Index Findings by Board Seats

% of Women on
Boards		 Avg. Number
Women on Boards		 Avg. Number Total
Board Members
Fortune 1000 2012 2011 2012 2011 2012 2011
15.6% 14.6% 1.6 1.5 10 10
Fortune 100 2012 2011 2012 2011 2012 2011
19.9% 19.7% 2.4 2.4 12 12
Fortune 500 2012 2011 2012 2011 2012 2011
17.1% 16.4% 1.9 1.8 11 11
Fortune 501-1000 2012 2011 2012 2011 2012 2011
13.6% 12.4% 1.3 1.2 10 10

 

2020 Index Findings By Campaign Categories

Fortune 1000 W V T Z
2012 2011 2012 2011 2012 2011 2012 2011
33% 29% 19% 20% 32% 33% 16% 18%

 

Methodology: The 2020 Index is compiled using the 2010 Fortune 1000 list. There were 928 active companies on the list in 2012. Data was confirmed as of October 1, 2012.

For more information, visit www.2020WOB.com

“Board of Directors” Replaced by “Board of Activators”

WILMINGTON, Del.–(BUSINESS WIRE)- 12 Oct 2012 – Trellist Marketing and Technology, a professional services firm offering Business Strategy, Marketing & Branding, IT & Application Development, and Education & eLearning, has added a business savvy twist to the traditional structure of a Board of Directors and introduced its Board of Activators.

Much like a Board of Directors, Trellist’s Board of Activators provides advisement and governance to guide business activities, but unlike a traditional Board of Directors, the Activators also operate within the firm’s unique business structure, driving and participating in the daily business activity and opportunities.

“The Board of Activators comprises seasoned industry leaders, who work alongside our C-level executives, Business Development team, and leaders in our vertical business units of Financial Services, Pharmaceutical, Consumer Goods and Services, and Manufacturing,” explains Byron Burpulis, Chief Business Development Officer, at Trellist. “By pairing the Activators’ marketplace and thought leadership with Trellist’s capabilities in marketing and technology, we are developing new dynamic business opportunities.”

“We take seriously the responsibility that we have for the rapidly growing group of nearly 100 professionals who work here,” says David Atadan, Trellist CEO. “Employing experienced, business-minded leaders at our firm and on our Board of Activators allows us to provide the customized and insightful solutions that our clients need for growth and success, which ensures our own growth and success.”