15% of the 3,000 largest companies in the US still have no female board members

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

15% of the 3,000 largest companies in the US still have no female board members via CNBCMakeIt

Though study after study demonstrates that boardroom diversity results in higher returns and lower risk, the percentage of large companies with all-male boards remains high.

Significantly, 31 of the companies among those 457 with no female board members are consumer goods companies, a group that's uniquely reliant on female customers. Women say they make 81 percent of purchasing decisions about daily consumer goods, according to the Statista Global Consumer Survey 2018. In many of these cases, the lack of female representation goes beyond the board. Skechers has an all-male nine-person board and no women on its executive management team. National Beverage Corp has an all-male five-person board and an all-male management team. CNBC reached out to both companies but did not receive a response.

"We are in the final stages with two such candidates and expect to be able to announce next week the addition of two female board members," said TripAdvisor Sr. Director of Corporate Communications Brian Hoyt via email.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Best man wins, errrrr person.

MakeIt AND in more news WOMEN STILL CAN'T USE URINALS......THAT HAS TO BE MODERN DAY OPPRESSION

MakeIt what percent are left-handed; have dyslexia; are on the spectrum; are missing limbs; grew up in single parent homes; had abusive fathers or mothers; were abused by local priest; have misaligned teeth; were born with one kidney,,,,,,,,,,,,,,,,

MakeIt They makes 85% that do, stop complaining

MakeIt And 99% of garbage trucks

MakeIt Good for them.

MakeIt There’s nothing better than hiring people simply because they are a specific gender or skin color, or any other physical characteristic. As a matter of fact, 100% of boards lack members with Down syndrome. No hate, just truth!

MakeIt Why aren't there more women roofers or garbage men (women)?

MakeIt And given what I've read about the studies of the differences between how women and men think, the companies who don't have women at the top are making a huge mistake. They should read the studies, women can save them millions.

MakeIt Women thank the OLD WHITE REPUBLICANS IN THE SENATE.

MakeIt So? Don't think there is any surprise.

MakeIt board some then, innovate lol.

MakeIt Yea bc that 15% is worried about the fallout should a women decides to go off the rails - the Kavanaugh event has setback the women movement more than people realize

MakeIt

MakeIt I always watch the channel but your online presence is soooo bad omg !! firepr

MakeIt Such a useless statistic. Trying to bring up an argument

MakeIt So?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines