Issue link: https://digital.shearman.com/i/1512772
Shearman & Sterling LLP Women in Leadership | 82 Women in the Boardroom Women held approximately 34% of the total number of board seats at the Top 100 Companies in 2023, the same as 34% in previous year. The number of Top 100 Companies with a board comprised of 30% or more women decreased from 71 to 69 over the past year. 30 of the Top 100 Companies have a board with 40% or more women members, up from 28 in 2022. Gender Diversity on the Board (% of women on the board) Less than 10% 10% – 15% 16% – 20% 21% – 25% 26% – 29% 30% – 39% 40% – 49% 50% and above 0 3 40 13 25 2 Women in the C-Suite at the Top 100 Companies 9 11 served as the CEO (11 in 2022) served as board chair (15 in 2022) served as the CFO (20 in 2022) served as the chief legal officer or general counsel (40 in 2022) 20 43 12 5 All of the Top 100 Companies had at least one woman on the board. More than 80% of the Top 100 Companies have more than 25% female representation on the board. Women in Leadership FAST FACTS Age Men Age Women Average Age and Tenure The average age and tenure of female directors is less than male directors 63.6 61.5 9.1 years 6.3 years Tenure Tenure Data