Sources to Help Find Women Board Candidates

Is your company searching for a board candidate who matches your strategic needs?  You can contact the Women’s Leadership Foundation who will listen to your criteria and offer candidates for your consideration.  Contact jolynne@womensleadershipfoundation.org.  Or you can utilize these sources to help you find qualified candidates.

Table of Contents

No Fees for Companies Searching for Candidates. 2

Board Bound—Colorado focus but national reach. 2

Board List—technology focus. 3

Boston Club—wide reach utilized by companies and search firms. 4

Direct Women—focus on lawyers. 4

ION Women—wide reach, works with Board Bound and Boston Club and many others. 5

Women Corporate Directors—experienced women board directors with global reach. 5

Women in the Board Room—board prep and matching program.. 6

Fees for Companies Searching for Candidates. 7

Appointed Partners—search firm focus on technology and finance. 7

Catalyst—global reach across industries with CEO-endorsed candidates. 8

Diversified Search—search firm with good track record placing women Board directors. 9

Equilar BoardEdge—diverse search capabilities of comprehensive database. 10

National Association of Corporate Directors—experienced Board directors. 11

Trewstar—search firm with good track record placing women Board directors. 11

 

Disclaimer: This is an incomplete list of resources drawn from public sources. Many of these resources were identified by The Thirty Percent Coalition on their website and were cross-checked via interviews and secondary research.

If you are aware of additional resources that should be added, please inform us via info@womensleadershipfoundation.org.

 

 

No Fees for Companies Searching for Candidates

Board Bound—Colorado focus but national reach

Name of Source Board Bound Program of Women’s Leadership Foundation Type of Source Board Preparation Program & Board Matching Service
Geographical Scope Colorado for Participants

National for Placement

Industry Scope All
Fee to Use None Fee to List $2,500 for development program and listing
Criteria for Inclusion Executive experience appropriate for Board service, acceptance by a current board member mentor.
# of People Included 35 # CO Women Incl. 35
Success Rate 9 women placed on corporate boards, many more on non-profit boards
Info Included Board resume
Method of Update Women participants keep their information up to date
Method of Connection Women’s Leadership Foundation, a 501c.3, listens to company’s desired criteria for a board member and, if they have a match, they verify the candidate’s interest and introduce them to the company.
Keys to Success Participates with ION and therefore has national reach for opportunities. Strong participation of current board member mentors.
Contact Kay Tierney at kay@tierneytalentventures.com Website http://womensleadershipfoundation.org

 

 

Board List—technology focus

Name of Source The Board List Type of Source Female Tech Executives
Geographical Scope None Industry Scope Technology
Fee to Use None Fee to List None
Criteria for Inclusion Candidate must meet at least one of the following criteria: CEO/Found of Companies with $5M+ revenue; C-Level reporting directly to CEO at companies with $25M+ revenue; VP Level in company with $100M+ revenue; Director in company with $500M+ revenue; previous experience on a board is a plus but not necessary

PLUS – must have an endorser member nominate them to the Board List

# of People Included +1,200 endorsed female tech executives # CO Women Incl. NA
Success Rate Number of candidates on list (1,200; number placed in last year (3), collaborated placements (30))
Info Included
Method of Update Individual responsibility to keep updated
Method of Connection Once company finds an individual from data base that they want to talk to, they make a request through the company. The team sends the candidate info about the company and board opportunity. If candidate is interested, the team introduces the candidate/company via email. Companies do not have direct access to contact information off of data base.
Keys to Success Tech community driven effort; success due to endorser requirement that gives CEO/Board confidence of the quality of the individual
Contact Leslie Grosslatt, VP Products and Business Operation; 415-713-8772 Website www.theboardlist.com

 

 

 

Boston Club—wide reach utilized by companies and search firms

Name of Source The Boston Club Type of Source Women Executive Members
Scope U.S. and European Union, with emphasis on North East U.S. companies.

All industries.

Fee to Use None Fee to List None
Criteria for Inclusion Members and many non-members identified by Corporate Board Committee and Directors Circle of women directors
# of People Included Thousand # CO Women Included Incidental
Success Rate Over 100 placements across all major industries
Info Included Bio or resume
Method of Update Women self-identifying with credentials to existing database plus networking with women executive members, Corporate Advisory Board and other regional organizations through membership in ION.
Method of Connection Corporate Board Committee, where Search Managers work with companies and recruiters to identify candidates and introduce them if desired.
Keys to Success Supported by Corporate Advisory Board of top business leaders and track record of successful matches since 2000.
Contact Nancy Nager at nnager@sbscincorporated.net

781-639-8002

Website http://www.thebostonclub.com/

 

 

Direct Women—focus on lawyers

Name of Source Direct Women Type of Source Female lawyers. Focus is less of a data base for companies to find board candidates and more on coaching women on how to position themselves in their networks for board consideration.
Geographical Scope National Industry Scope All
Fee to Use None Fee to List $150
Criteria for Inclusion Female lawyer who applied ($150) and been selected to participate in an annual Board Institute (coaching/networking).
# of People Included 150 women (20/yr) # CO Women Incl. NA
Success Rate 23% of alumnae from first 6 Board Institutes serve on at least one large corporate board now
Info Included Regular bio info
Method of Update Individual
Method of Connection Company reach out to entity; board would identify appropriate women and determine their interest; provide company with interested candidates bios and contact numbers
Contact Sarah Gevlin Website www.directwomen.org

ION Women—wide reach, works with Board Bound and Boston Club and many others

Name of Source ION Women

Interorganization Network

Type of Source Consortium of 12 Member Organizations
Geographical Scope National Industry Scope All
Fee to Use None Fee to List None to $2,800, varies
Criteria for Inclusion Member organizations recommend Board-ready women
# of People Included Hundreds # CO Women Incl. 24
Success Rate NA
Info Included Resume
Method of Update Info verified current for each search.
Method of Connection Client gives requirements and ION sends info to member organizations. Potential candidates are vetted and most relevant who are interested in serving are shared with the client and intros are made.
Keys to Success Breadth of informal networks.
Contact JoAnn Cavallaro at ionpresident@comcast.net Website http://www.ionwomen.org/

Women Corporate Directors—experienced women board directors with global reach

Name of Source Women Corporate Directors Type of Source Non Profit Membership Association
Geographical Scope Global Industry Scope All
Fee to Use Free Fee to List Member fee varies
Criteria for Inclusion Must be director of public or large (over $200M) private company for Member. Must be Director, CEO, CFO or C-Suite Executive and not on public board for Board Next program.
# of People Included Thousands # CO Women Incl. About 25
Success Rate Not known
Info Included Detailed info on areas of expertise, education and corporate board experience.
Method of Update Members update info
Method of Connection Companies share a board opportunity with Women Corporate Directors. Women Corporate Directors shares the listed board opportunities with their members who choose to respond directly to the company contact if they are interested.
Keys to Success Connects to women with proven board experience.
Contact 1-561-290-0389 Website www.womencorporatedirectors.com

 

 

 

 

Women in the Board Room—board prep and matching program

Name of Source Women in the Board Room Type of Source Female Senior level Executives
Geographical Scope None Industry Scope All
Fee to Use None Fee to List $900-$2900
Criteria for Inclusion In charge of significant budget; participate in strategy setting; manage significant group of people
# of People Included @300 board ready females # CO Women Incl.
Success Rate 539 board packets sent for board openings with 14% getting interviews
Info Included Not willing to share template
Method of Update Individual is responsible
Method of Connection Company provides board seat spec; candidates view and interested candidates post bio/resume; hiring company reviews and contacts those in which they are interested.
Keys to Success Willingness to evolve based upon what companies need; listening to companies/boards
Contact Sheila Romming, CEO/Founder Website www.womenintheboardroom.com

 

 

 

 

Fees for Companies Searching for Candidates

Appointed Partners—search firm focus on technology and finance

Name of Source Appointed Partners Type of Source Search Firm
Geographical Scope National Industry Scope All focused in Technology and Finance
Fee to Use Yes Fee to List Every connection goes into their database at no charge, but their agent model is $7500/yr.
Criteria for Inclusion Personally vetted
# of People Included 8000 Executives in total database 70% which are women # CO Women Incl. NA
Success Rate
Info Included Very detailed once vetted and working with them
Method of Update Constantly talking with clients
Method of Connection Personal connections. Her search firm believes in taking a proactive approaching, reaching out to companies before they have an opening and bringing fresh new people to them. Primarily through personal meetings. Meet the talent then find out if there is a fit.
Keys to Success They believe the key is to be more proactive by meeting the talent then finding out if there is fit. They bring a slate of vetted people to their corporate clients on a monthly basis. They also coach their individual clients and put them in front of corporations on a constant basis, operating as a business agent.
Contact Marci Nigro Website www.appointedpartners.com

 

 

 

Catalyst—global reach across industries with CEO-endorsed candidates

Name of Source Catalyst Corporate Board Service and Women On Board Type of Source Non Profit focused on accelerating progress for women
Geographical Scope Global with emphasis on U.S. and Canada Industry Scope All
Fee to Use Company must be Supporting Organization at $15,000 (CH2M, MillerCoors, Newmont Mining & Lockheed Martin) Fee to List No
Criteria for Inclusion CEO-endorsed by Supporting Organization
# of People Included NA # CO Women Incl. NA
Success Rate 50% of Women On Board alumnae have been appointed to corporate boards. In fact, Betty DaVita who joined Molson Coors’ board is a Women on Board alumnae.
Info Included Whether direct report to CEO or runs multi-billion dollar business, skills (see Submission Form on their website for detailed list) and why the CEO is sponsoring the candidate.
Method of Update
Method of Connection Supporting Organization to Catalyst fills out one-page Request Form which specifies what they are looking for in a Board Member. Within 7-10 days, Catalyst will provide them with CEO-endorsed candidates that meet their criteria.
Keys to Success CEO endorsed candidates.
Contact cbsinfo@catalyst.org

212-514-7600

Website www.catalyst.org

 

 

 

 

Diversified Search—search firm with good track record placing women Board directors

Name of Source Diversified Search Type of Source Search Firm
Geographical Scope Global Industry Scope All
Fee to Use Yes, fee varies Fee to List Free
Criteria for Inclusion Candidate slates are developed for each individual client based on the specific needs of the company.   Industry, function, scope of business, geographic expertise, etc. are all considered. Qualified candidates are interviewed for cultural fit, interest in the role and availability to serve on the board.
# of People Included Client specific # CO Women Incl. Client specific
Success Rate 100%
Info Included Resume and bio for initial candidates. Reference report for final candidate.
Method of Update Periodic phone status reports and meetings with the board/nominating committee as needed.
Method of Connection Retained search effort that focuses on background, skills and cultural fit with board. Deep track record of success in gender diversity board searches. Enables board to focus their time on a few highly qualified interested candidates while firm does the work of building and vetting the candidate pool.
Keys to Success Passion for diversity, one of top 10 executive search firms in U.S. and only woman-owned firm in this group, high touch approach to each individual client, Corporate Board Advisory Group to guide Board practice.
Contact Lauren E. Smith

Lauren.smith@divsearh.com

305-679-6230

Website www.diversifiedsearch.com

 

 

Equilar BoardEdge—diverse search capabilities of comprehensive database

Name of Source Equilar BoardEdge Type of Source Searchable database includes male/female current and former board members, NEOs, and Section 16 officers. Search functionality includes more than 40 different filters for identifying candidates to meet specific needs/requirements.
Geographical Scope US Industry Scope All industries; database covers more than 4,000 public companies.
Fee to Use Corporate subscriptions:

·         Current Equilar clients: $5,000 annually for two user licenses;

·         New clients:

Starting at $20,000 annually

Fee to List N/A
Criteria for Inclusion From SEC filings: Current/former public board members, NEOs or Section 16 officers; Equilar Diversity Network: Highly qualified, diverse, senior-level executives representing leading organizations focused on diversity in the boardroom.
# of People Included Total 150,000 profiles (male and female) # CO Women Incl. 459 women serving on boards located in Colorado (women not necessarily residents of Colorado).
Success Rate Does not follow up with clients to know success
Info Included Professional history (sourced from SEC filings primarily), board memberships, public biography, network connections. Photo and education when available.
Method of Update SEC filing information: includes data from DEF 14As, 8-Ks, Form 4s and 10-K filings; Individuals able to also update their profiles.
Method of Connection Subscribers are able to use the BoardEdge database to identify candidates. Network connections are included to identify points of contact with the potential candidate from the current board member network (first and second degree connections identified). If no direct connection path to the candidate is apparent in the board’s network, Equilar can facilitate an introduction.
Keys to Success Leverage the connection path of the board of directors for introductions to candidates (particularly for 2nd degree connections) and reference checks. Start with a broad(er) search criteria and whittle the candidate list by adding additional filters to make the candidate list more manageable. Save search results to folders to revisit candidate pipeline as needed.
Contact Niranjan Samant – nsamant@equilar.com Website http://www.equilar.com/boardedge.html

 

 

National Association of Corporate Directors—experienced Board directors

Name of Source National Association of Corporate Directors Type of Source Board Recruitment Service of Non-Profit focused on Board Development
Geographical Scope National, many with global experience Industry Scope All
Fee to Use Yes, cost-effective alternative to traditional search firms Fee to List Yes, must be member
Criteria for Inclusion Current Board Member
# of People Included Thousands with 24% women # CO Women Incl. NA
Success Rate Claim proven track record with Fortune 500 companies, mid-caps, family-owned enterprises, and nonprofit organizations
Info Included Functional Experience, Industry, Board Experience including Board roles
Method of Update Generally up to directors in database to keep experience current
Method of Connection Quickly assemble a slate of candidates who match company’s criteria, verify interest from candidate and make connection.
Keys to Success Breadth and depth for candidates with Board experience
Contact Rochelle Campbell

202-775-0509

Website www.nacdonline.org

Trewstar—search firm with good track record placing women Board directors

Name of Source Trewstar Type of Source Search Firm
Geographical Scope all Industry Scope all
Fee to Use Yes Fee to List Free
Criteria for Inclusion
# of People Included Hundreds # CO Women Incl.
Success Rate 30 women placed on public boards since 2012
Info Included
Method of Update Recruiter personally interviews, reviews resumes and checks references,
Method of Connection Recruiter interviews about 20 women per month in advance of assignments (many recommended by current CEOs and board directors). Listens to client’s needs and recommends they interview women first. Ensures candidate is interested and has no conflicts of interest. If right match not made, open search up to men. 96% have selected a woman.
Keys to Success WSJ featured their success http://www.wsj.com/articles/some-firms-intensify-push-for-gender-parity-at-board-level-1471357128
Contact Beth Stewart, Founder Website http://www.trewstar.com/

 

 

 

 

 

 

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BoardBound@WomensLeadershipFoundation.org