Women on S&P 500 Bank Boards Lost Share as Men Gained Seats
- Two new male directors at Citizens cut female share to 31.9%
- Number of women on banks boards was unchanged in February
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Women’s share in the boardroom fell as they gained no new seats last month on the boards of financial firms in the Standard & Poor’s 500 Banks Index and Citizens Financial Group Inc. appointed two new male directors.
The number of women directors remained unchanged at 4.4 per board. The percentage of female directorships fell to 31.9% from 32.1%. That compares with 29.1% for the S&P 500 Index.