Momentous news. For the first time, more than 50% of new Directors appointed to US boards in 2017 were women. Less momentous - this increases the total female share of the S&P 500 list of Directors to... 22%. From 21%. Still some way to go then.
Minority representation continues to have even further to go, with only 14% of the new appointees being defined as African-American, Hispanic/Latino or Asian.
More details in the link below.
S&P 500 boards appointed 397 new independent directors in the 2017 proxy year, the highest number since 2004, and for the first time, just over half (50.1%) of the new directors were women and/or minorities (compared with 42% in 2016), according to a new study by Spencer Stuart