The U.C. Davis School of Management released its annual census that documents how many women serve on corporate boards and in executive positions in California-based public corporations. Overall, progress is slower than a slow snail,
Here are the major findings as cited in their executive summary:
Directors
- Women hold 10.5% of the 3,189 board seats in the 400 largest public companies in California.
- Almost half (44.8%) of California’s companies have no women directors.
- 33.8% of the 400 companies have only one woman director.
- Compared to our 2011 report, there has been a slight increase (0.5%) in the percentage of women directors.
Directors and Highest-Paid Executives
- Only 9.9% of the board seats and highest-paid executive positions in the 400 largest public companies headquartered in California are held by women.
- Only 1.5% of directors (13 of 846) and 1.2% of CEOs (1 of 85) at the 85 Fortune 1000 companies in this study are Asian, African-American or Hispanic women.
Highest-Paid Executives
- Women account for 8.9% of the 2,005 highest-paid executives in the 400 largest public companies in California.
- Almost two-thirds, 63.3%, of California’s companies have no women among the highest-paid executives.
- Only 29 (7.3%) of the companies have two or more women among the highest-paid executives.
- Only 13 (3.3%) of the 400 largest public companies in California have a woman serving as CEO.
