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“Him For Her And Crunchbase 2022 Study Of Gender Diversity On Private Company Boards” reveals the relative dearth of gender diversity on private company boards as compared to public companies based on the firms’ analysis of the board composition of 667 of the most heavily funded private US-based companies as of the fourth quarter of 2022.

Among the key takeaways:

• While reflecting year-over-year progress, approximately one-third of the companies have no female directors (i.e., all-male boards), compared to 39% in 2021. This compares to zero all-male boards among the S&P 500 and 2% among the Russell 3000.

• Women hold 16% of the 4,610 board seats, compared to 14% in 2021. This compares to 32% of S&P 500 boards as of April 30, 2022 and 28.2% of the Russell 3000 as of September 30, 2022.
• Women hold more than half of independent director seats, compared to about one-third of investor director seats and 13% or executive director seats. Investor directors are on the decline, representing 47% of all board seats, compared to 56% in 2019.

The report also includes racial/ethnic diversity data.

Access additional resources on our Board Diversity page.

                         This post first appeared in the weekly Society Alert!