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Great Resignation Slows Women’s Gains on S&P 500 Boards

  • Female directors improved slightly to 31.3% of seats in April
  • Women held 8 more seats as appointments edged out departures
RF female office ceo work

Photographer: Shannon Fagan/The Image Bank RF/Getty Images

The so-called Great Resignation isn’t just draining bodies from the blue- and white-collar rank-and-file, it’s also part of the challenge for women seeking to reach parity in S&P 500 boardrooms.

Women gained eight seats on S&P 500 boards in April, as 17 companies added women and 11 companies saw women retire, resign or die, data compiled by Bloomberg show. In 2021, a record 48 million people quit their jobs, according to the US Bureau of Labor Statistics -- which became know as the Great Resignation or the Big Quit. In March, 4.5 million people left their jobs, a monthly record.