After several years of growth in the number of women on the boards of Colorado companies, progress stalled in 2022, said an organization that recruits and prepares women to take their seats in the boardroom.
said 24% of the board seats at Colorado public companies were held by women last year, roughly the same percentage as in 2021.
“But there are a few bright spots. The energy companies have really made a turnaround in the last few years,” Whiting said. “However, we are concerned that fewer women and fewer women of color became board directors in 2022 than in 2021,” Williamson said in a statement. Whiting said it’s not clear why Colorado companies didn’t make headway last year in diversifying their boards. “We hope it’s temporary. There’s been a lot of talk about recession and when there’s a retrenchment, often we do tend to stall on progress.”When the foundation’s first report showed just 7% of the board members at public companies in Colorado were women, there was a sense of shock and a pledge to change the numbers.
However, Zamora said women are still underrepresented in boardrooms, and that’s particularly true for women of color. Boardbound has an initiative specifically aimed at increasing the numbers of Latinas. Employees, the public and job candidates increasingly care “who’s sitting at the top, who’s on the board,” Zamora said. The interest grew as anger over racism and other inequities flared after police officers killed George Floyd in 2020.
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