Boardbound by Women’s Leadership Foundation has completed comprehensive census research on women on boards of directors of Colorado public companies
Colorado is accelerating the pace of women on boards
Three-quarters of companies now include a woman on their board
Colorado Natural Resource companies are making especially significant progress
We salute the Colorado CEOs and board directors for achieving their ambitious target set in 2016, of a 50 percent improvement in the representation of women in board positions within three years.
Even though Colorado-based companies on the Russell 3000 companies have significantly reduced the number of all-male boards, they are still 3 percentage points more all-male boards than the national average. Boardbound by Women’s Leadership Foundation can connect them with board-ready talent through our Boardconnect program.
As new companies enter the Colorado market and current companies continue to grow, building a robust and diverse pipeline of Colorado women executive officers is critical to progress given the current low level of less than 14 percent of named executive officer positions held by women.
We hope this analysis encourages companies to open both more executive officer positions and more board positions to women.
In March 2017, Colorado became the 4th state to pass a Legislative Resolution encouraging more women on boards. The resolution with voluntary targets to meet by 2020 passed with bipartisan support from the House and Senate.
Click here to see Colorado Public companies ranked by number of women on their boards as of December 31, 2019.