WOMEN BOARD DIRECTORS BY INDUSTRY Among the 400 largest public companies in California this year, no single industry has more than one woman for every five directors, on average. Women are significantly less likely to be present in the boardrooms of companies in the semiconductors sector, with women representing only 4.8% of directors in that industry (down from 4.9% last year). Women also represent only 9% of directors in the energy, materials & industrials sector. The industry with the highest overall average percentage of women directors is the utilities & telecommunications sector (17.8%), which has only eight companies but accounts for $41 billion in total revenues. Close behind are the consumer goods sector, with women holding 14.6% of directorships across the 54 companies, and the financial services sector, with women holding 14.1% of directorships across the 17 companies.
Percent of Women Directors by Industry INDUSTRY Utilities & Telecommunications Consumer Goods Financial Services Real Estate Pharmaceuticals Technology Software Technology Hardware Health Care Energy, Materials & Industrials Semiconductors
% WOMEN DIRECTORS 17.8% 14.6% 14.1% 13.6% 11.6% 11.2% 10.7% 10.6% 9.0% 4.8%
INDUSTRY REVENUES (B) $41.09 $220.52 $115.63 $22.22 $51.31 $181.17 $456.99 $162.21 $319.14 $112.59
# COMPANIES 8 54 17 30 54 69 51 32 37 48
Key Statistics •
The smallest industry in our study this year is the utilities & telecommunications sector with only eight companies that together earned a respectable $41 billion in total revenues. In addition to having the highest average percentage of women (17.8%) on boards of directors, this sector has also the largest percentage of companies, six out of eight (75%), with at least one woman director, and 62.5% of companies in this sector have more than one woman director.
•
The consumer goods and financial services sectors have the second- and third-highest percentages of women on their boards, 14.6% and 14.1%, respectively. These sectors also have the second- and thirdhighest percentages of companies with at least one woman director. Approximately 41% of the companies in the financial services industry and 35% of the companies in the consumer goods industry have more than one woman director.
• At the other end of the spectrum, only 9% of director positions in the energy, materials & industrials industry, and 4.8% of director positions in the semiconductors industry are held by women.
2013 UC Davis Census
16