VEST Her Podcast

Women on Corporate Boards

June 23, 2022 Erika Lucas Season 1 Episode 15
VEST Her Podcast
Women on Corporate Boards
Show Notes

With many women still not returning to work after Covid-19 lockdowns and many of them still reporting high numbers of burnout, it can be difficult to find reasons to be optimistic about the state of women in business. But here’s one highlight: A recent report from the Women Business Collaborative (WBC) and 50-50 Women on Boards found that 2021 was a “watershed year” for women on corporate boards, with the largest ever year-over-year increase in board seats held by women among companies in the Russell 3000, an index of the 3,000 largest publicly held companies incorporated in America. According to the report, which was released earlier this month, women held 27 percent of board seats at companies on the Russell 3,000 in 2021, up from 24 percent in 2020. Another sign of progress, according to the report: Black board membership increased 32 percent.

In this session we talk to Esther Aguilera, President and CEO of the Latino Corporate Directors Association and VEST Member Beverly Carmichael, Former C-Suite Executive and Board Director at multiple companies including Blue Apron and Viad Corp, about the gaps we still have to overcome, and how we can position ourselves to serve on Corporate Boards so that together we can further advance Diversity in the Board Room.

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