Colorado more than doubles proportion of women on boards since 2011
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.
Colorado is making progress at a faster rate
A majority of public companies now include a woman on their board
Larger Colorado companies lead the way including women on their boards of directors
Colorado Fortune 1000 companies are on par nationally
However, Colorado still lags the nation when we look at Russell 3000 companies
Even though Colorado-based companies on the Russell 3000 companies have significantly reduced the number of all-male boards, they are still 6.5 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.
Colorado also lags in the proportion of executive officer positions held by women
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 13 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.
Colorado is committed to marked improvement in gender board diversity
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.
Would you like to know how many women are on each of Colorado public company boards?
Click here to see Colorado Public companies ranked by number of women on their boards as of June 30, 2019.