CENSUS 
2012 Census Study
The Board Connection: Perspectives About Board Service - in Partnership with KPMG LLP

(Dallas, TX) – October 21, 2013 – The Board Connection, in partnership with KPMG LLP, conducted the fourth annual census of gender diversity on boards and in executive suites of leading Texas companies. The census analyzes FORTUNE 1000 companies in Texas in comparison to national FORTUNE 500 companies.

The 2012 Census reveals the persistence of the gender gap in leadership at the highest level of corporate decision making. Though women comprise 51.5% of management and professional roles in the U.S. workplace, their representation on corporate boards lags significantly, with women in only 16.9 percent of board seats. In Texas, only 10.7 percent of board roles are filled by women.

In the 2012 Census, The Board Connection invited three exceptional business leaders to contribute their insights on what qualities are essential to high performing boards, the challenges new board members face, and due diligence essentials prior to accepting a board placement. Executive search firm principal Matrice Ellis Kirk, experienced global CEO Sandra Beach Lin, and Jack Low, the longtime chairman of a FORTUNE 100 board, bring honesty and urgency to the dialogue about diversity in corporate leadership.

The case for the value female leaders bring to companies is reinforced in studies like the 2013 report by the Committee for Economic Development (CED) contending that including women on boards and providing adequate talent development can serve as a key differentiator in future global success.

The Board Connection’s annual Census is published in part to cast a vision for aspiring women leaders across Texas to leverage assessment and development resources to enrich their qualifications for board service. In addition, TBC calls business leaders to influence the recruitment and retention of diverse corporate talent.

For more information, or to request your copy of the publication, email info@theboardconnection.org.

Download the 2012 census here



2011 Census Study
The Board Connection's Annual Census Of Journey To Diversification: A Texas Perspective 2011 Census Released

The Board Connection has released their third annual census, offering a statewide comparison of Texas women serving on corporate boards by region and by industry in FORTUNE 1000 companies throughout our state across 2011.

Gayle Anderson, President of The Board Connection, remarked "while the census study shows little improvement between 2010 and 2011, we are seeing recent indications that more companies are recognizing the extent to which board diversity improves corporate results and brings higher financial performance. Subsequent to their SEC filings studied for the census, several companies, including Dr Pepper Snapple Group, Inc. and Dell Inc., further increased the number of women on their boards.”

Ms. Anderson further stated, “The Board Connection is working to impact these results by providing corporations with access to qualified candidates and by providing women interested in board service with the tools to obtain visibility to nominating committees and excel in board service once selected.”

Download the 2011 census here.



ION Report

Companies Gain Competitive Edge By Electing More Women To Boards: ION Report Offers Action Plan For Boardroom Gender Diversity
ION Releases Report on Percentage of Women Executive Officers and on Boards of Directors

Nashville, Tenn. – December 11, 2012 – ION published its Ninth Annual Status Report on women directors and executive officers of public companies. Follow the Leaders: It CAN Happen Here profiles 11 corporations that have experienced financial success and made boardroom gender diversity a high-priority business initiative. Highlighted companies include Akamai Technologies, Alliant Energy, Cardinal Health, Coca-Cola Enterprises, Cracker Barrel Old Country Store., General Motors, Hormel Foods, H&R Block, HSN, Intuit and Xerox. These featured companies – and their CEOs – demonstrate the following ION assertions:

  • Gender diversity at the boardroom and executive levels is a strategic business imperative
  • Board composition must reflect the environment in which the company operates and competes
  • A board’s strategic needs are best met  when directors have the right mix of specific qualifications
  • There is no shortage of qualified women board members
  • Talented women directors are found  across all industries and sectors
  • A diverse board  often results in  better corporate governance and financial performance
Released in conjunction with Catalyst’s census of Fortune 500 corporations, the ION report summarizes data from ION member organizations in 15 major U.S. metropolitan regions. The reports’ simultaneous release demonstrates the opportunity for positive change in companies of all sizes, in all regions, and in all industries as well as each organization’s commitment to gender diversity advocacy through collaboration.

ION President Sarah Meyerrose said, “The companies we recognize in this report are proof that board gender diversity is a competitive strategy that positively impacts fiscal performance. You could say that it’s remarkable – that women can be superheroes in the boardroom. But the truth is that it’s just good business.”

Data included in the ION report covers both Fortune 500 corporations and hundreds of small to mid-size businesses. This data is consistent with findings made by GMI Ratings in its examination of gender diversity on the boards of 2,770 companies in the Russell 3000
Index.2 

Highlights include:1
  • The New York City metropolitan area reported the highest overall percentage of women directors in its total research pool of 100 companies: 19 percent (up 1.3 percent from 2011)
  • Among Fortune 500 corporations in 15 regions, Minnesota reported the highest percentage of women directors in its research pool of 16 companies: 21.9 percent (up 2.2 percent [17 companies] from 2011)
  • New York Metro and California had the largest percentages of companies with 30 percent or  more women directors: 12 and 11.8 percent, respectively
  • Kansas City reported the highest percentage of companies with no women directors in its total research pool of 34 companies: 50 percent
  • Minnesota also reported the highest overall percentage of women executive officers in its total research pool of 100 companies: 17.4 percent
Meyerrose said, “ION’s research is unique. It goes beyond the Fortune 500 to cover hundreds of smaller companies that play a major role in the national economy. For years, corporate leaders have strategized to find ‘missing puzzle pieces’ that will make their business outshine the rest.  The thousands of qualified women ready to take their seat at the table represent those missing pieces. It’s time for corporations to take notice and take action.

The release of ION and Catalyst’s reports coincides with the 2020 Women on Boards 12/12/12 events scheduled to be held at various locations across the U.S. By collaborating with this and other national women’s organizations such The Thirty Percent Coalition, Vision 2020, Women Corporate Directors, Womentics and more, ION can leverage the combined resources to achieve the goal of gender diverse boards of directors.

Download the Full Press Release here

Download the Full Report here



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