Female board appointments double – but pressure on FTSE 100 will mount in the autumn

4 Jul

The number of women appointed to boardroom roles has doubled this year – thanks to the impact of Lord Davies’ report requiring large companies to ensure that 25% of their board make-up is female.

The Guardian reports that FTSE 100 companies have recruited 23 women to the board this year – up on the 18 appointed for the whole of 2010 – according to figures from the Cranfield School of Management (which also produces the Female FTSE report). While these figures are a step in the right direction, women still only account for 13.9% of FTSE 100 board positions, up from 12.5% in December.

Lord Davies is reported as saying he welcomes the figures, but is taking steps to make sure the issue is not forgotten. He has written to company secretaries setting out his expectations, he plans to name and shame those not supporting the initiative, and is planning an event in the autumn to keep the pressure up and show that the issue that is not going to go away.

 

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