According to data from S&P Global Market Intelligence, 24 Fortune 500 companies had no women on their boards as of March 2016. The bad news is that the majority of these 24 companies have failed to do anything about this problem, despite the attention the women on boards issue has received lately.
The good news is that some companies — Global Partners LP, Charter Communications, Inc., Core-Mark Holding Co., Inc., and Computer Science Corp. — have heard the outrage, taken initial steps, and added a woman to their boards of directors.
Unfortunately, this progress didn’t receive much publicity. This is likely due to a number of reasons. First, although adding one woman to a corporate board is a significant first step, it doesn’t seem like huge progress in the grand scheme of things. Second, this year has been an eventful one for women! From Olympics victories to triumphs in business and politics, there have been more buzz worthy wins to report. And third, the companies that took the plunge are relatively less publicized and less glamorous — not exactly new, exciting, media darlings.
Read more on Take the Lead Women.