Female Gains on S&P 500 Boards Are Slowing
- Board seats held by women rose 5% in 2022, off 8% pace in 2021
- Women still capped year at a record 32% of S&P 500 board seats
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The pace of women gaining seats on S&P 500 boards slowed precipitously last year, signaling the elusive parity with their male counterparts may still be almost a decade away.
The 5% increase for women on S&P 500 boards in 2022 was roughly half as much as the pace of the previous two years, according to data compiled by Bloomberg. At the present rate, parity with men won’t come until 2032, at least two years later than what would have been achieved if the gains hadn’t slowed from the near 8% growth rate of 2020 and 2021.