Heidrick & Struggles: Journey to Gender Parity on Boards Slowing

Heidrick & Struggles presents its annual Board Monitor study which gathers and analyzes non-executive director appointment trends of Fortune 500 boards. One of the largest takeaways from the 2016 study is a step back in the effort toward gender parity on boards. Heidrick & Struggles reports a decline in the percentage of female director appointments for the first time since this study began in 2009. With this data, the Board Monitor projects gender parity on boards will not likely be seen until year 2032.

Other notable findings include:

• The average age of directors appointed to Fortune 500 boards in 2016 is 57.
• The consumer industry appointed the most women to their boards of any other industry in 2016.
• The number of director appointments with no board experience dropped to 25% of all new appointments, down from 36% in 2015.

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