Tuesday, December 11, 2007

The good news/bad news story of women director’s statistics

It’s a mixed bag when you look at the statistics of women in board room – as reported by the CWDI. Over three-quarters (77.5%) of the 200 largest companies in the world, as ranked by Fortune in 2006, have at least one woman director on their board – but only 11.2% of all board seats in the Fortune Global 200 companies are held by women.

From 2004-2007, the total number of board seats held by women increased from 285 female-held seats to 308. However, men still hold 88.8% of all board appointments to the 200 largest companies in the world - and half of the companies with women directors (45.6%) have only one woman director. A token perhaps?

At least the U.S. is still in the lead – I suspect we are more politically correct. Of the 75 U.S. companies in the Fortune Global 200, all but one has at least one woman on the board. In Europe the UK and the Netherlands lead; Japan has the worst board diversity statistics (having spent a lot of time doing business there this hardly surprises me).

Disappointing that 45 companies in the Fortune Global 200 have no women directors – and perhaps most disappointing of all – while women held 11.6% of the board seats within the Fortune 100 in 2006 – they were only 6.6% of the senior executive officers – a mere 73 out of 1,113 positions.

Sigh. Back to work doing my part to change this aspect of our world.

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