Women on America’s corporate boards are increasing but not at the pace that certain societal forces are demanding as indicated from CompanyIQ^® ESG data.

Concern over equal representation in US boardrooms has led to a 2018 state law mandating female board members in California. Other states including Colorado, Illinois, Massachusetts, and Pennsylvania have adopted nonbinding resolutions encouraging companies to improve female representation on their boards.

With public opinion and policy driving the conversation, MyLogIQ looked at diversity at the end of 2018 in S&P 500 boardrooms.

Specifically, our report looks at how US publicly traded companies on the S&P 500 index are working to establishing gender balance on their boards.

To do this our CompanyIQ™ platform analyzed the 2018 proxy filings of S&P 500 companies.

We identified some encouraging trends in board appointments, but the numbers speak for themselves. Some of our major findings with our AI-augmented platform are that:

• Only a quarter of S&P 500 directors are women
• 80% are in their 50s and 60s,
• Only 6% of women directors are in leadership roles on their boards, and
• Two S&P 500 companies, Copart (NASDAQ: CPRT) and TripAdvisor (NASDAQ: TRIP), have no female board members.