Thursday, 13 October 2011

UK: women on boards - a 6 month monitoring report

Cranfield University's School of Management published a report yesterday - see here (pdf) - which provides an update on companies' progress in meeting several of the recommendations made by Lord Davies in his report, Women on Boards, published in February this year.

The Cranfield report notes, amongst other things, that since Lord Davies' report was published, there have been 21 new female appointments to the boards of FTSE100 companies and the percentage of FTSE100 board positions held by women has increased from 12.5% to 14.2%. The 21 new female appointments represent 22.5% of all FTSE100 board appointments since 1 March 2011; the great majority of these new appointments (18) were to non-executive positions. The report also notes that only 33 FTSE100 companies have set targets for the percentage of female directors they intend to have on their boards.

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