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S&P 500 Reshuffling Marks a Return of the All-Male Board

  • New index member Monolithic Power Systems has a six-man board
  • The last all-male board added a female director in July 2019
RF office board men male

Photographer: FangXiaNuo/E+/Getty Images

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The all-male board is back in the Standard & Poor’s 500 Index after a 31-month hiatus.

The reshuffling of the S&P 500 last month brought lighting supplier Monolithic Power Systems Inc., which has six men and no women on its board, into the Index for the first time. The last all-male board -- Copart Inc. -- added a woman in July 2019. The gender disparity comes even as the broader index topped 29% women on boards for the first time last month.