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Women May Not Reach Boardroom Parity for 40 Years, GAO Says

  • In S&P 1500, women hold just 16 percent of board seats
  • Barrier is too few women in senior executive ranks, study says
Updated on

Women, who make up half the American workforce, may be 40 years or more from parity with men on U.S. corporate boards, the U.S. Government Accountability Office said in a new report.

About 23 percent of open seats in the Standard & Poor’s 1500 Index went to women in 2014, according to the GAO. If that figure rose to about 50 percent -- or half of all openings -- boards would be evenly split between women and men by roughly 2055, the report said. Women held about 16 percent of board seats in the S&P 1500 in 2014, up from 8 percent in 1997.