Massachusetts Women Hold 11.3% Board Seats in Top 100 Cos.

The Census of Directors and Executive Officers of Massachusetts Public Companies was released by the Boston Club, Bentley University and Mercer, which compile the data annually. The Republican reported that the census, which has been compiled since 2003, explores the leadership — executive officers and board members — of 100 of the state’s top public companies.

How did things look for women in Massachusetts? Much the same. The census shows little change over the last year and that relatively few women are still at the heads of these companies. Women continue to hold 11.3 percent of the board seats in the top 100 companies, which was the same share as in 2009, according to the report. There was a slight uptick in the number of executive officers (64 women hold these positions as opposed to 60 last year). Perhaps the most disappointing statistic is that 29 of these companies have neither a woman on the board of directors nor in an executive officer level position.

The Republican notes that new initiatives are needed to strengthen the number of women in leadership positions. State Treasurer Steve Grossman was quoted in the article saying: “I don’t know of a single organization that wasn’t significantly strengthened by a diverse and a multiplicity of wise and thoughtful points of view around the table. … I am sad to see the lack of progress that’s been made among the large publicly traded corporations in Massachusetts.”

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