The Women’s Leadership Foundation conducted a census of all public company boards headquartered in Colorado as of June 30, 2017. Here is a summary of the results.
Mid-2017 Women on Colorado Public Company Boards Summary
Companies with women on their boards perform better
- Better profitability, faster earnings growth, less risk, fewer financial restatements and controversies
Colorado is making slow progress
- From 7% in 2011 to 12% in 2017—less than 1 p.p. per year
- Nearly half of Colorado companies have zero women on their board
- Only 12% of new board positions in 1H17 went to women
Colorado is lagging national averages
- 3.9 p.p. below national average for Fortune 1000 companies in 2016
- 24th out of 25 states for Fortune 1000 companies of states with 10 or more
- 2.0 p.p. below national average for Russell 3000 companies in 2017
Colorado is committed to marked improvement
- Colorado CEOs and Board Members are committed to 50% improvement by 2018
- Colorado Legislative Resolution urges corporate boards with 9 or more to have 3 women board members and boards with 5 to 8 to have 2 and smaller boards to have at least 1 by 2020
Follow this link to see more analysis of where women stand on Colorado corporate boards.
Follow this link to find out how many women serve on each of Colorado public company boards.