Saturday, February 18, 2006

Study finds scarcity of women on boards


Representation on nominating committees called key to progress

The key to getting more women on corporate boards is getting more women on board-nominating committees, according to a study released Thursday on diversity in corporate governance.

Success depends on "who makes the lists," said Vicki Kramer, a Philadelphia management consultant who is chairwoman of a national network of female executives.

Although more boards are adding female directors, boards are still dominated by men, according to the report by the InterOrganization Network, a group of seven organizations of female executives.

"The snail's pace at which women are making their way into corporate boardrooms is simply not acceptable," Kramer said in a statement announcing the report.

See full Article.