network 2000, inc
founded in 1993 with the mission to promote the advancement of women in professional and executive positions.
Network 2000's
2009 Census of Women Board Directors in Maryland
Introduction:
Network 2000, Inc. has been measuring the representation of women in the boardrooms of public companies based in Maryland for the last five years. Although the data is interesting and extremely revealing, we have seen little progress in the past few years. One of the key missions of Network 2000 is to heighten the awareness and critical importance of women on corporate boards.
Executive Summary of 2009 Key Findings
- The number of women holding board seats has increased each of the last two years. Women hold 71 (9.2%) of the 772 board seats of the 92 companies headquartered in Maryland, an increase in number and percentage.
- Women fill 20% or more of the board seats in 14 companies, up from 13 companies in 2008 and 8 companies in 2007.
- Forty four (48%) companies have NO women on their corporate board of directors, an improvement over the 48 companies in 2008 and 50 in 2007.
- Once again, all of the Fortune 500 companies headquartered in Maryland have at least one women director. The percentage of F500 director seats in Maryland filled by women (17.3%) is above the national average (15.2%).
- The number of board seats held by women of color increased significantly to 15 seats (1.9%) up from 3 seats in 2008, but still lags the national average (3.2%).
- Women executives declined to 48 (10.4%) of the 462 executive officers, down from 51 (10.6%) of the 482 executive officers in 2008.
- The number of companies in Maryland with no women executives increased to 61 from 57% a year ago.
- Women account for 20% or more of the executive officers in 27 companies.
- Thirty one (34%) companies have at least one woman among the most highly compensated executives.
- Thirty companies (33%) of the 92 public companies headquartered in Maryland have NO women in either their boardroom or their executive suite.
- Twenty three companies have at least one woman director and one executive officer.
- Seven companies have 20% or more of both women board members and women executive officers, an improvement from five a year ago.
InterOrganization Network (ION)'s
6th Annual Status Report of Women Directors in 14 Regions of the U.S.
"Guys Who Get It: Business Leaders Who Understand the Value of Diversity at the Top"