Women make up 24% of Colorado company boards, up from 7% a decade ago

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“Back in 2011, if you looked around the boardroom you would find 13 men for every one woman. Now, it is three men for every one woman.”

In 2021, Ramirez, who has 30 years of experience in institutional investing, was appointed to the advisory board of Denver-based Bow River Capital. She was among the women of color that a new analysis of public companies in Colorado estimates made up about a third of new board members.

“Back in 2011, if you looked around the boardroom you would find 13 men for every one woman. Now, it is three men for every one woman,” said Whiting, who prepared the report. For comparison purposes, Boardbound uses the benchmark of the Russell 3000 Index, which tracks the performance of the top 3,000 U.S. publicly traded companies.

But Ramirez said there are plenty of Latinas with “extremely deep experience” and talent and preparing them to take seats at the table is vital. After going through Boardbound’s 10-month training, Ramirez joined a committee focused on finding Latina candidates for the program.

 

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