29 Fortune 500 Companies Have No Women on Boards
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In a new ranking of public companies without women in top leadership from Bloomberg Businessweek.com, it was revealed that 5.8% of the companies in the S&P 500, “remain all male in decision-making roles, with no women on the board of directors or among the company’s top five highest-paid officers.”
Perhaps the most surprising company on this list is Discovery Communications, the company that produces Animal Planet and the Oprah Winfrey Network. Less surprising is the fact that one-third of the companies on this list are in the oil and gas sector. The same industry has the lowest percentage of women directors (9.6%)
The report also states that in 2010 the number of women on corporate boards of Fortune 500 companies dropped by 0.6% to 16 percent. Only 3 Fortune 500 companies have women who hold more than 40% percent of the board seats (Avon Products, Estée Lauder, and Macy’s). Overall, women hold only 2.6% of board chairmanships.
PUBLIC COMPANIES WITHOUT WOMEN IN TOP LEADERSHIP
1. AvalonBay Communities, Arlington, VA
2. Cameron InternationalHouston, TX
3. CF Industries Holding, Deerfield, IL
4. Cintas, Cincinnati, OH
5. Denbury Resources, Plano, TX
6. Diamond Offshore Drilling, Houston, TX
7. Discovery Communications, Silver Spring, MD
8. EOG Resources, Houston, TX
9. Federated Investors, Pittsburgh, PA
10. Fidelity National Information Services, Jacksonville, FL
11. Flir Systems, Wilsonville, OR
12. Joy Global, Milwaukee, WI
13. L-3 Communications Holdings, New York, NY
14. Leucadia National, New York, NY
15. Linear Technology, Milpitas, CA
16. MEMC Electronic Materials, St. Peters, MO
17. MetroPCS Communications, Richardson, TX
18. National Oilwell Varco, Houston, TX
19. National Semiconductor, Santa Clara, CA
20. NetApp, Sunnyvale, CA
21. Pioneer Natural Resources, Dallas, TX
22. QEP Resources, Denver, CO
23. Range Resources, Fort Worth, TX
24. Republic Services, Phoenix, AZ
25. Roper Industries, Sarasota, FL
26. Southwestern Energy, Houston, TX
27. Stericycle, Lake Forest, IL
28. Titanium Metals, Dallas, TX
29. Teradyne, North Reading, MA
Makes you wonder just how diverse (or not diverse) these boards really are – not just in terms of women. What do you think? Leave a comment and share your thoughts.
Image: stock.xchng
3 Comments
July 8th, 2011 at 2:21 pm
[...] You can view the list of the 29 companies that do not have women on their board or as at least one of their top five highest earning executives here. [...]
March 21st, 2012 at 11:03 am
The stockholders in a corporation want the best possible people to serve on their Board of Directors – no matter the gender or race or any other factors. If people want to be treated equally there should be no forced acceptance based on gender or race. Abilities count. That is what will ultimately make a business successful.
April 20th, 2012 at 2:02 pm
[...] of the board seats, and women hold only 2.6% of board chairmanships of Fortune 500 companies. 29 of those companies have no women on their boards at all. He was [...]