Women losing traction on Georgia’s public company boards
After several years of steady gains, the presence of women on the boards of Georgia’s public companies declined in the past year, according the latest annual study by OnBoard, which has been tracking these statistics for more than 20 years.
OnBoard’s study showed that 11.2 percent of all the board seats on Georgia’s public companies are currently held by women, a drop from 11.5 percent in 2013.
The percent of Georgia’s public companies with women on their boards dropped from 59 percent in 2013 to 54 percent this year – meaning 46 percent of the state’s public companies did not have at least one women director.
Women of color, never a major presence on Georgia’s public company boards, also saw their percentage slip – from 1.83 percent to 1.74 percent.
And perhaps the most disturbing trend for Rona Wells, executive director for OnBoard, was the dramatic decline in the “fill rate” – the percentage of vacant board seats that were being filled by women directors. That went from 21 percent in 2013 to 12 percent in this year’s study.
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