Increase in Women on Boards Stalls

Thanks to Judith Kohler, Denver Post reporter, for covering the “Women on Colorado Boards: State of the State” study. Read the article here and see more of the study results here.

A new report by Boardbound by Women’s Leadership Foundation said 24% of the board seats at Colorado public companies were held by women last year, roughly the same percenatge as in 2021.

Another disappointing finding: research identified just four of the 33 new female directors as women of color. About a third of the women who joined boards in 2021 were women of color.

“There really are a lot of business-driven advantages to having women and women of color,” Zamora said.

Latinos, for example, are part of a fast-growing buying force in the U.S. and accounted for $2.8 trillion in GDP in 2020, Zamora said. From 2010-2020, Latinos made up 73% of the growth in the U.S. labor force, according to a report by the Latino Donor Collaborative.
— Gloria Zamora, Board Director of Women's Leadership Foundation