The Women’s Leadership Foundation congratulates Colorado Companies doing a good job including women on their boards.
Congratulations to these companies with three or more women on their boards
Source: “Women on Colorado Boards: State of the State” prepared by Boardbound by Women’s Leadership Foundation of Colorado public companies as of 12/31/19. Infographic developed by Orange Marketing.
An important reason Colorado has accelerated the opening of board positions to women is that the CEOs and Board Directors are committed to making it happen. Since 2016, CEO leaders have hosted their fellow CEOs and Board Directors to share successes and discuss strategies to ensure their companies reap the rewards research shows comes from gender diverse boards.
The first gatherings in March and October of 2016 is where the CEOs committed to a 50% improvement in the proportion of women on their boards within three years. This meant going from 11% at the end of 2015 to 16% in 2018 which was much faster than the historical rate. This goal was attained by June 2019.
““We hope to be a role model for other companies. If we can do it, other companies can too. A diverse board is important for two reasons. First, it better represents the company’s employees. Second, it improves the quality and thoughtfulness of decision making. We’ve been so thrilled with the quality of women and men of color that have been interested in joining. We’re planning on continuing the process.”
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““I’m proud that five of our 12 highly qualified board directors are women. Newmont’s core value of inclusion and diversity helps us attract and retain the best and brightest — from the broadest talent pool — so we can achieve differentiated business results today and well into the future.””
2016 Event Co-hosts
Trailblazers AwardS
Champion for Women on Boards Award
Newmont Mining is the first Colorado Public Company with 6 women on their board. Newmont also has a woman board chair and has had 3 or more women on their board since 2011.
Pictured: Jo Lynne Whiting, Rose Robeson, Gloria Zamora, Gary Goldberg and Carol Burt
Gary Goldberg, former CEO of Newmont, is not only an exceptional leader of his own company but also reached out to his fellow Fortune 1000 CEOs to encourage them to consider adding more women to their boards. The work Gary did along with Carol Burt, Rose Robeson and Gloria Zamora made a very big difference. Colorado Fortune 1000 companies ended 2019 with 23% women on their boards versus 15% on 2017.
Corporate Salute Award (3+ women on the board)
Research shows 3 or more women on a board changes board culture by getting past tokenism and significantly improves corporate performance.
Six Women on their Board:
Newmont Mining
Four Women on their Board
(in order of proportion of women on their board)
Vail Resorts
RE/MAX Holdings
ANGI Homeservices
Ball Corporation
Three Women on their Board
(in order of proportion of women on their board)
Viveve Medical
Aimco
Summit Materials
Zayo
Arrow Electronics
Cimarex
DaVita
Western Union