Ucdaviswomenstudy2013

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In Partnership with

U C D AVI S S T U D Y O F C A LIFORNI A W OM E N B USI N E SS L E A D E R S A Census o f Wo m en Di rec to r s a n d Hi g h e s t - P a i d E x e c u t i v e s

2013–2014

1

Number of womEn for every 8 men among directors and highest-paid executives in california’s largest public companies

Released December 6, 2013

Visit our website on Advancing Women in Business Leadership gsm.ucdavis.edu/women


TAB L E OF C ON T E N T S 2

Message from Dean Steven C. Currall

3

Message from Our Partner: Marilyn Nagel, CEO, Watermark

4

Methodology

5

Executive Summary

6

Introduction

7

Public Policy Impact: California Senate Concurrent Resolution 62 Urging More Women on Boards

8

California’s Top 25: The Corporate Leaders of Gender Diversity in the Boardroom and Executive Suite

10

Women Board Directors of California’s 400 Largest Public Companies

11 - Number of Women Board Directors by Company 12 - Snapshot of Directors’ Race and Ethnicity 14 - Who are the Women Directors? 15 - How Industries Compare: Percent of Companies by Industry with One or More Women Directors 16 - Percent of Women Directors by Industry 17 - Percent of Women Directors by Company Size 18 - Number of Women Directors by Company Size 19 - Percent of Women Board Directors by County and by Region

20

Highest-Paid Women Executives at California’s 400 Largest Public Companies

21 - Number of Highest-Paid Women Executives by Company 22 - Women in the Most Important Corporate Roles 23 - How Industries Compare: Percent of Companies by Industry with One or More Highest-Paid Women Executives 24 - Percent of Highest-Paid Women Executives by Industry 25 - Number and Percent of Highest-Paid Women Executives by Company Size 27 - Percent of Highest-Paid Women Executives by County and by Region

28

Conclusion

Complete Datasets for the 2013 Census

29

Appendix A: California’s 400 Largest Public Companies Ranked by Percentage of Women Directors and Highest-Paid Executives (includes industry category and market capitalization)

35

Appendix B: Who’s Who of Women Directors and Highest-Paid Executives of California’s 400 Largest Public Companies (companies listed alphabetically, identifying women directors and executives)

42

Appendix C: 400 Companies by Location (listed county-by-county with city)


Message from the Dean D EAR COLLEAGUE S: The UC Davis Graduate School of Management is proud to publish our ninth annual UC Davis Study of California Women Business Leaders: A Census of Women Directors and Highest-Paid Executives. This study details the presence of women at the very top of the 400 largest publicly held corporations headquartered in the state. Our findings continue to paint a disappointing picture: There is only one woman for every eight men among directors and highest-paid executives at these high-profile companies. When we released our study each of the past eight years, it was met with intense interest by the business community, state legislators and policy makers, and garnered widespread media coverage. This year has already seen historic action by the state legislature, which adopted Senate Concurrent Resolution 62. Prompted by our research, the resolution is the first in the U.S. urging public companies to add more women to their boards. There has been little improvement in the gender diversity of the upper echelons of decision makers at the largest public companies in California. These are several key findings of our 2013–2014 census: •

Overall, women hold just 10.9% of board seats and highest-paid executive positions—a 1% increase compared to last year.

More than a quarter—107 (26.8%)—of our California 400 have no women among their directors and highest-paid executives. This has improved from 127 companies (32%) last year.

For the first time since 2006, more companies in our study have one woman (33.5%) than have no women (26.8%).

Not a single company has an all-female (nor gender-balanced) board and management team. However, for the first time in our study, two companies have a female majority (54.5%) among their directors and highest-paid executives.

Thirteen (3.3%) of the 400 companies have a woman serving as CEO, holding steady from last year.

Our results highlight the need for greater participation of women on corporate boards and in the executive suites, and to help create these opportunities. To improve the standing of women in business leadership positions, the Graduate School of Management has a strong partnership with Watermark, a nonprofit organization that offers several pioneering programs to increase the number of women in executive and board roles, and support them in those roles. At the UC Davis Graduate School of Management, our mission is to prepare our MBA students to become innovative leaders for global impact. Our business school community is built on a foundation of excellence and diversity. Our faculty is now 42% female, the highest percentage among the top 100 global business schools. And The Princeton Review in 2013 recognized the UC Davis MBA program as No. 6 in the nation for offering the “greatest opportunity for women.” When our MBA students graduate and move ahead in their careers, they are terrific resources for companies headquartered in California and beyond. In today’s global marketplace, where diverse backgrounds, skills and experience are critical for strategic and operational decisions, having more women involved at the highest levels of business management and corporate governance can only result in more profitable and well-managed corporations. We are dedicated to helping make that a reality.

Steven C. Currall Dean and Professor of Management

2013 UC Davis Census

gsm.ucdavis.edu

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Message from Our Partner D EA R BUS INE SS LEAD ER S: Watermark is delighted to partner with the Graduate School of Management to publish the ninth annual UC Davis Study of California Women Business Leaders. Once again, UC Davis has shed light on a sobering issue: the lack of substantial progress in gender diversity in the majority of California’s leading public companies. There has been significant discussion recently about women “leaning in” and an outpouring of executive leadership support for greater gender equality. This has been true particularly in Silicon Valley—one of the great innovation centers of the world—where many speak of meritocracy as a core value. However, this year has also seen several examples of local conferences where women are degraded, or excluded from nationally sourced lists of top thinkers in business and technology. What is different this year is that women are no longer sitting by and allowing these inequalities to continue without raising our voices both individually and collectively so that we are not ignored and disrespected without consequence. Momentum is gathering among women with economic power and strong voices. They are letting top companies in California, conference organizers and leading publications know that we will not be discounted or disregarded. A new women’s movement is emerging in which women advocate for one another and have the ability to influence at the highest levels. We at Watermark are advocating more actively to address imbalances that affect women as we work toward our mission to increase the representation of women in leadership roles by empowering them to make their mark in and for their companies, their careers and their communities. Advocating for Board Access through Watermark Institute’s Board Access™ Program The Watermark Institute Board Access™ Program draws from executive ranks of corporations and ensures that our participants have the background and experience to be qualified for board service. It is a one-year, personalized program for women who intend to make serving on a board of directors the next step on their career paths. Designed for nonprofit, private and/or public board participation, Board Access™ provides participants with customized access to board recruiters and key influencers in the world of boards. The program includes six elements: board readiness assessments; one-to-one coaching sessions; an interview with a professional board recruiter; meeting with influential board members of a key local business; board simulation; and additional resources and networking with top-ranking women. Our Ongoing Commitment Watermark is committed to increasing representation of women at executive levels to drive innovation, human development and economic growth. Watermark women are a unique force and are redefining what it means to be a woman in the workplace. We hold influential, executive positions at innovative and successful companies. We are the San Francisco Bay Area’s foremost senior executives, entrepreneurs and leaders in our fields. We have the highest-quality, most diverse and most connected membership that a networking organization can offer—and we are honored to have the UC Davis Graduate School of Management as our strategic partner.

Marilyn Nagel CEO, Watermark marilyn@wearewatermark.org Watermark, a community of executive women

wearewatermark.org

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2013 UC Davis Census


ME T HOD OL OG Y

The sample of companies in our 2013–2014 UC Davis Study of California Women Business Leaders represents the

largest 400 California companies, as measured by their market capitalization on June 30, 2013. Each firm’s market capitalization was obtained from Wharton Research Data Services (WRDS) using the combined Compustat/CRSP (Center for Research on Security Prices) database. The director and executive information for these 400 companies was compiled from each company’s most recent Definitive Proxy Report (DEF 14A) or Prospectus (424B3 or 424B4) filed with the Securities and Exchange Commission (SEC) prior to September 1, 2013. Companies that have not filed a Proxy Report or Prospectus with the SEC during the 12 months prior are not included in our study. The director and executive information used in this study reflects the state of affairs at each company’s most recent fiscal year-end (December 31, 2012, in most instances). We included all directors who were standing for election, standing for re-election or continuing in the role. The other Fortune 500 company boards (i.e., outside of California) on which California women directors serve were obtained from the websites of the Fortune 500 companies. Ethnicity data for the 94 public California companies that are on the Fortune 1000 list were purchased separately from Microquest. Microquest obtains data from company websites and SEC filings. As in previous years, we restrict our analysis of executives to those highest-paid, named executive officers identified in the Summary Compensation Table in the DEF 14A. We exclude those named executive officers who had left the role prior to the company’s fiscal year end. Highest-paid executives include the chief executive officer (CEO), the chief financial officer (CFO) and the three other most highly compensated executive officers. We have taken all reasonable steps to confirm the data and ensure their accuracy. Any remaining errors or omissions are the sole responsibility of the author.

Ethnicity Data Provider Microquest’s diversity database tracks ethnically diverse and Caucasian female Fortune 1000 talent. For more information, see www.mqc.com.

2013 UC Davis Census

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2 0 1 3 E X E C UT I V E SUMM ARY DIRECTORS AND HIGHEST-PAID EXECUTIVES Only 10.9% of the board seats and highest-paid executive positions in the 400 largest public companies headquartered in California are held by women, a 1% increase over last year. For the first time since 2006, more companies in our study have one woman (33.5%) than have no women (26.8%). Compared to last year, 20 fewer companies, 107, have no women directors nor highest-paid executives.

Percent of Director and Highest-Paid Executive Positions by Gender

10.9%

Positions Held by Women

TOP COMPANIES 89.1% For the first time in our study, two companies have a Positions Held by Men female majority (54.5%) among their directors and highest-paid executives. On average, our Top 25 companies are larger, generate higher revenues and earn more income than companies with fewer women leaders. WOMEN DIRECTORS Women hold 11.2% of the 3,236 board seats in California’s 400 largest public companies. Moreover, 40.5% of these companies have no women directors, down from 44.8% last year. Only 23 (6%) companies have three or more women directors. At the 94 public companies in California on the Fortune 1000 list for 2013, only 1.8% of directors (16 of 902) are Asian, African-American, Hispanic or Latina women. WOMEN HIGHEST-PAID EXECUTIVES Women account for 10.5% of the 1,896 highest-paid executive positions at the 400 largest public companies in California. More than half, 59.8%, the California 400 companies have no women among the highest-paid executives. INDUSTRY The utilities & telecommunications industry has the highest percentage of women directors, with 17.8%. The pharmaceuticals industry has the most highest-paid executive positions filled by women, with 13.8%. Semiconductors is the only industry where a majority of companies have all-male boards (70.8%) and all-male top executive teams (79.2%). COMPANY SIZE The largest companies have 18.5% women on their boards, compared to 8.5% for the smallest companies. No discernible pattern exists between company size and percentage of highest-paid women executives.

Percent of Companies with Women in Director and Highest-Paid Executive Positions 40%

33.5%

35%

LOCATION OF HEADQUARTERS Among counties with at least 20 companies, San Francisco County has the most women directors (17.3%), Alameda County has the fewest (9%). San Mateo County has the most highest-paid women executives (15.4%) and Orange County has the fewest (8.1%).

30%

26.8%

25%

22.5%

20% 15%

11.3%

10%

4.0%

5%

0.8%

0.8%

0.5%

5

6

7

0% 0

1

2

3

4

Total Number of Positions Held by Women

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2013 UC Davis Census


I NT ROD U C T I ON

W

e are publishing our ninth annual UC Davis Study of California Women Business Leaders: A Census of Women Directors and Highest-Paid Executives at a historic moment. In September 2013, California became the first state to pass a resolution urging public companies to add more women to their boards of directors. Our 2012–2013 study provided research and data that led to the passage of California Senate Concurrent Resolution 62 (SCR-62), which cites our findings. While its requirements are nonbinding, the resolution sends a powerful message to corporate leadership about the representation and advancement of women at the highest levels. We use publicly available data to report on the status of women in the top decision-making positions of the 400 largest public companies headquartered in California, as measured by market capitalization. This year we also report on the number of companies that meet the standards of SCR-62 (see page 7). The gender diversity of corporate leadership teams in California remains sorely lacking. The results in this year’s study continue the modest trend that we have been tracking since 2006. There are several noteworthy milestones. Two companies—Annie’s Inc. and Wet Seal Inc.—have just over 50% women, a slight majority, on their leadership teams. These are the first companies in the nine years we have been conducting our study to report that more than half of their board and highest-paid executive positions are filled by women. Also for the first time since we expanded our dataset to 400 companies in 2006, there are more companies (134) with one woman board member or highest-paid executive than there are companies with none (107). For each of the last few years, the number of firms with no women has been gradually dropping, while the number of firms with one woman has been increasing. Although it is disappointing that more than a quarter of the California 400 still have no women board members or highest-paid executives, it is a promising tipping point that the number of such companies with no women in their top leadership has reached a new low. Overall, we see an increase this year in the percentage of women directors and highest-paid executives. The increase of a full percent to 10.9% contrasts with five of the previous six years, in which the percentage of women dropped, held steady or inched higher less than half of 1%.

Percent of Women Directors, Highest-Paid Executives and CEOs at California’s 400 Largest Public Companies1 % Women Top Executives % Women Directors % Highest-Paid Women Executives % Women CEOs

14% 12%

11.2% 10.5%

10% 8% 6% 4%

3.3%

2% 0% 2006 1The

2013 UC Davis Census

2007

2008

2009

2005 census is excluded because it included only 200 firms.

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2010

2011

2012

2013


PUB LI C PO LI C Y I MPACT California Senate Concurrent Resolution 62 Urging More Women on Boards

I

n September 2013, California passed a resolution (SCR-62) to put more women on the boards of directors of public companies. Although SCR-62 is nonbinding, it sends a powerful message to California’s public companies. It reads:

Agreement with the Standards of SCR-62 in California’s Largest Public Companies 12.3%

“Resolved by the Senate of the State of California, the Assembly thereof concurring, that the Legislature acknowledges that the body of evidence to date concludes that companies perform better when their boards and executive leadership include women, and that the State of California has a significant stake in both protecting the shareholders of publicly traded companies, as well as setting policies that enable them to perform better.”2

Companies that Meet the Standards

87.8%

Companies that Do Not Meet the Standards

Standards of SCR-62 Our UC Davis Study of California Women Business Leaders 2012–13 was, in part, the impetus for this action, and our findings are cited in the resolution. The resolution “encourages equitable and diverse gender representation on corporate boards.”3

14 directors: 3 women 13 directors: 3 women 12 directors: 3 women 11 directors: 3 women

SCR-62 urges that by December 2016, publicly held corporations in California with nine or more directors have at least three women on the board; companies with five to eight directors have at least two women on the board; and companies with fewer than five directors have at least one woman on the board.

10 directors: 3 women 9 directors: 3 women 8 directors: 2 women 7 directors: 2 women

Key Statistic Our study shows that 351 (87.8%) of the 400 largest public companies in California do not meet the standards of SCR-62, while 88 of those companies could meet the standards by expanding their board to add one more woman.

6 directors: 2 women 5 directors: 2 women 4 directors: 1 woman 3 directors: 1 woman

California State Concurrent Resolution 62, approved by the Senate on August 26, 2013, and the Assembly on September 12, 2013, is available at gsm.ucdavis.edu/women. 3 Ibid. 2

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2013 UC Davis Census


C A LIF ORN I A’ S T O P 2 5 The Corporate Leaders of Gender Diversity in the Boardroom and Executive Suite

In our study of the largest 400 public companies in California, the Top 25 companies with the highest percentage of

women leaders warrant special attention. Because of ties in the rankings, this list includes 34 companies—our longest Top 25 list in nine years—which provides some evidence that companies are moving toward greater gender diversity on their leadership teams. At each of these 34 companies, women hold 25% or more of the board seats and highest-paid executive positions. As a group, these companies average 31% of their top leadership positions filled by women, compared to 10.9% among the 400 companies in our study. These 34 companies, on average, also generate three times the revenue, report almost one and one-half times the income, and maintain a workforce three times as large as the average company in our study. Indeed, some of the largest California companies, such as McKesson Corp., are on this list. The Top 25 companies cover a wide range of industries. This list has companies from nine of the 10 industries represented in our study, including financial services (Wells Fargo & Co.); energy, materials & industrials (Kratos Defense & Security Solutions Inc.); consumer goods (Walt Disney Co.); technology hardware (Hewlett-Packard Co.); and technology software (Yahoo! Inc.). Two companies are tied for the top spot with 54.5%, a slight majority, of their top leadership positions held by women. This is the first time in our study’s nine-year history that the top company has more positions filled by women than men. Both companies—organic food company Annie’s Inc. and clothing retailer Wet Seal Inc.—have a male CEO. Annie’s Inc. is making its debut in our study this year. Highlights • SciClone Pharmaceuticals Inc. jumped into the Top 25 after having no women leaders in our study last year. SciClone made this turnaround by adding three women among its five highest-paid executives this year. • Two of the Top 25 companies, SciClone Pharmaceuticals Inc. and Williams-Sonoma Inc., have a majority of highest-paid executive positions, three of five, held by women. •

Two companies, Medivation Inc. and Wet Seal Inc., each added three women to their board of directors in the past year.

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Cal i f o r ni a’s To p 2 5 C o m pan i e s California’s Top 25 Companies 4 POSITIONS HELD 2013 RANK 1 1 3 4 5 6 7 8 9 9 11 12 12 14 14 16 16 16 19 19 19 22 22 22 22 22 22 22 22 22 22 22 22 22

2012 RANK 5 1 45 3 2 4 9 5 5 10 38 11 21 400 12 12 12 18 38 250 21 68 18 68 131 21 91 21 44 68 224 45 16

COMPANY Annie’s Inc. Wet Seal Inc. Williams-Sonoma Inc. Medivation Inc. American States Water Co. bebe stores Inc. LTC Properties Inc. Wells Fargo & Co. AMN Healthcare Services Inc. Walt Disney Co. Hewlett-Packard Co. Genomic Health Inc. Jack in the Box Inc. Bio-Rad Laboratories Inc. SciClone Pharmaceuticals Inc. Deckers Outdoor Corp. McKesson Corp. NETGEAR Inc. BRE Properties Inc. Health Net Inc. Yahoo! Inc. Ensign Group Inc. Harmonic Inc. Juniper Networks Inc. Kratos Defense & Security Solutions Inc. Move Inc. PS Business Parks Inc. QLogic Corp. QuinStreet Inc. Sempra Energy Super Micro Computer Inc. Symantec Corp. Visa Inc. West Marine Inc. Average (Top 25) Average (All 400)

BY WOMEN 5 # % 6 54.5% 6 54.5% 7 46.7% 5 45.5% 6 42.9% 4 40.0% 4 36.4% 7 35.0% 4 33.3% 5 33.3% 5 31.3% 4 30.8% 4 30.8% 3 30.0% 3 30.0% 4 28.6% 4 28.6% 4 28.6% 4 26.7% 4 26.7% 4 26.7% 3 25.0% 3 25.0% 4 25.0% 3 25.0% 3 25.0% 3 25.0% 3 25.0% 3 25.0% 4 25.0% 3 25.0% 4 25.0% 4 25.0% 3 25.0% 4 31.0% 1 10.9%

4

There are 34 companies included in our Top 25 because of ties in the rankings.

5

Among the board of directors and five highest-compensated executive officers.

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REVENUE (M) $171 $580 $4,043 $182 $467 $531 $94 $91,247 $954 $42,278 $120,357 $235 $1,545 $2,069 $156 $1,414 $122,455 $1,272 $423 $11,249 $4,987 $825 $530 $4,365 $969 $199 $347 $485 $305 $9,647 $1,163 $6,906 $10,489 $675 $13,047 $4,207

INCOME (M) $12 -$113 $257 -$41 $54 $12 $51 $18,897 $16 $5,682 -$12,650 $8 $63 $164 $10 $129 $1,338 $87 $71 $26 $3,945 $41 -$11 $187 -$113 $6 $88 $74 -$67 $865 $21 $765 $2,144 $16 $648 $466

EMPLOYEES 114 7,012 26,800 257 728 3,294 18 269,200 1,700 166,000 331,800 612 22,100 7,380 870 2,300 43,500 850 670 7,378 11,700 10,371 1,148 9,234 4,300 943 161 1,229 673 16,893 1,472 21,571 8,500 3,955 28,963 9,044

MEETS SCR-62 Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes No No Yes No No Yes Yes Yes No No Yes Yes Yes Yes 79.4% 12.3%

2013 UC Davis Census


WOMEN BOARD DIRECTORS: SUMMARY A

lthough many women today hold prominent roles in public corporations, surprisingly few corporate governance positions are filled by women. Among the directors on the boards of California’s 400 largest public companies, only 11.2%, or 361, of the 3,236 seats are held by women.

Board Seats Held by Gender in California’s 400 Largest Public Companies 11.2%

The percentage of women directors has increased from 10.5% in 2012 and 10% in 2011. The boards of directors of California’s largest companies range in size from three to 14, with an average of eight members per board.

Director Positions Held by Women Director Positions Held by Men

88.8%

At the 328 companies that also appeared in our study last year, 11 have fewer woman directors, while 29 have more women directors. And there is a net increase of 38 new director positions, of which 24 are women and 14 are men. However, these companies added 122 new board positions, of which only 17 are held by women. This means that 13.9% of newly created positions are held by a woman. These 328 companies also have 10 women directors in positions that were held by men one year ago. Assuming that one-third of the existing director positions are subject to re-election each year, this implies that women won only 1.3% of the open seats that were previously occupied by men. Key Statistics

Percent of Companies with Women Directors 45% 40%

• 40.5% of California’s 400 largest public companies have no women directors, down from 44.8% last year.

40.5% 36.3%

35% 30%

• 36.3% of the companies have one woman director.

25% 20%

17.5%

15% 10%

4.3%

5%

1.3%

0% 0

1

2

3

4

0.3% 5

Number of Women Directors

2013 UC Davis Census

10

• Only 23 (6%) of the companies have three or more women directors.


WOMEN BOARD DIRECTORS BY COMPANY There are 23 companies (6%) with three or more women directors.

Companies with Three or More Women Directors # women directors in 2013 in red (# women directors in 2012 in blue) Wells Fargo & Co. 5 (5) Deckers Outdoor Corp. 3 (3) Medivation Inc. 3 (0) NETGEAR Inc. 3 (3) American States Water Co. 4 (4) Google Inc. 3 (3) Portola Pharmaceuticals Inc. 3 (-)6 Annie’s Inc. 4 (4) Health Net Inc. 3 (3) Walt Disney Co. 4 (4) Hewlett-Packard Co. 3 (3) QUALCOMM Inc. 3 (2) Wet Seal Inc. 4 (1) Jack in the Box Inc. 3 (3) Symantec Corp. 3 (1) Williams-Sonoma Inc. 4 (4) Kaiser Aluminum Corp. 3 (3) Visa Inc. 3 (3) Mattel Inc. 3 (3) West Marine Inc. 3 (3) BRE Properties Inc. 3 (3) McKesson Corp. 3 (3) Cisco Systems Inc. 3 (3) 6

Company's first proxy report was filed in 2013.

40.5% (162) of California’s 400 largest public corporations have no women directors.

Companies with No Women Directors 8x8 Inc.

Douglas Emmett Inc.

Kilroy Realty Corp.

Responsys Inc.

Abaxis Inc.

E2open Inc.

KLA-Tencor Corp.

Rigel Pharmaceuticals Inc.

Acacia Research Corp.

eGain Corp.

Leap Wireless International Inc.

RPX Corp.

Accelrys Inc. ACTIVE Network Inc.

Electronics for Imaging Inc. Ellie Mae Inc.

LeapFrog Enterprises Inc. Ligand Pharmaceuticals Inc.

Santarus Inc. SciClone Pharmaceuticals Inc.

Activision Blizzard Inc.

Encore Capital Group Inc.

Limoneira Co.

ServiceNow Inc.

Actuate Corp. AeroVironment Inc.

Endologix Inc. Enphase Energy Inc.

Linear Technology Corp. Live Nation Entertainment Inc.

ServiceSource International Inc. ShoreTel Inc.

Air Lease Corp.

Entravision Communications

MannKind Corp.

Silicon Graphics International Corp.

Align Technology Inc. Ambarella Inc.

Entropic Communications Inc. Equinix Inc.

Marin Software Inc. Masimo Corp.

Silicon Image Inc. Skechers U.S.A. Inc.

American Assets Trust Inc.

Exar Corp.

Maxim Integrated Products Inc.

Spansion Inc.

Anworth Mortgage Asset Corp.

Excel Trust Inc.

McGrath RentCorp

STAAR Surgical Co.

Applied Micro Circuits Corp. Arden Group Inc.

Exelixis Inc. Extreme Networks Inc.

Micrel Inc. Microsemi Corp.

Stamps.com Inc. Standard Pacific Corp.

Aruba Networks Inc. Astex Pharmaceuticals Inc.

Fair Isaac Corp. Fairchild Semiconductor International Inc.

Monster Beverage Corp. Nanometrics Inc.

Supertex Inc. Synaptics Inc.

Atmel Corp.

Finisar Corp.

NeoPhotonics Corp.

TCP Capital Corp.

Audience Inc.

Fluidigm Corp.

Newport Corp.

Tejon Ranch Co.

Avanir Pharmaceuticals Inc. Blackhawk Network Holdings Inc.

FormFactor Inc. Fortinet Inc.

NVIDIA Corp. OmniVision Technologies Inc.

Terreno Realty Corp. Tesla Motors Inc.

BreitBurn Energy Partners LP

GenCorp Inc.

On Assignment Inc.

Tetra Tech Inc.

Cadence Pharmaceuticals Inc.

GenMark Diagnostics Inc.

OpenTable Inc.

Thomas Properties Group

CAI International Inc.

Guidewire Software Inc.

Oplink Communications Inc.

Thoratec Corp.

Calix Inc. Callaway Golf Co.

Hercules Technology Growth Capital Inc. HomeFed Corp.

OSI Systems Inc. Pacific Sunwear of California Inc.

Threshold Pharmaceuticals TRI Pointe Homes Inc.

Cavium Inc. Ceva Inc.

Hudson Pacific Properties Inc. ICU Medical Inc.

Palo Alto Networks Inc. Pandora Media Inc.

True Religion Apparel Inc. TTM Technologies Inc.

Cheesecake Factory Inc. ChemoCentryx Inc.

Immersion Corp. Impax Laboratories Inc.

PDF Solutions Inc. Peregrine Semiconductor Corp.

Ubiquiti Networks Inc. Ultratech Inc.

City National Corp.

Infinera Corp.

Pharmacyclics Inc.

Universal Electronics Inc.

Clean Energy Fuels Corp. Cohu Inc.

Inphi Corp. Integrated Device Technology Inc.

Plantronics Inc. PMC-Sierra Inc.

ValueClick Inc. VCA Antech Inc.

Colony Financial Inc.

Integrated Silicon Solution Inc.

Power Integrations Inc.

ViaSat Inc.

Core Mark Holding Co. Inc.

Intermolecular Inc.

Puma Biotechnology Inc.

Vical Inc.

Cornerstone OnDemand Inc.

InterMune Inc.

Quantum Corp.

Volterra Semiconductor Corp.

Cubic Corp.

InvenSense Inc.

Questcor Pharmaceuticals Inc.

Wesco Aircraft Holdings Inc.

CVB Financial Corp. Cyan Inc.

IPC The Hospitalist Co. Inc. IXYS Corp.

Quiksilver Inc. ReachLocal Inc.

Western Asset Mortgage Capital Corp. XOMA Corp.

Cypress Semiconductor Corp. Demand Media Inc.

j2 Global Inc. Jive Software Inc.

Rentech Inc. Resmed Inc.

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2013 UC Davis Census


WOMEN BOARD DIRECTORS: RACE & ETHNICITY Snapshot of Directors’ Race and Ethnicity The underrepresentation of women is only one way to measure the variety of perspectives represented on an executive leadership team or corporate board. Within the context of addressing gender diversity, we also look at the race and ethnicity of women and men corporate directors at the 94 public companies in California that are among the Fortune 1000 in 2013. It deserves mention that the population of California is considerably more diverse than the population of the U.S. overall. According to the U.S. Census Bureau for 2012, 13.9% of the population in California identify as Asian, compared to 5.1% in the U.S.; 38.2% of the population of California identify as Hispanic or Latino, compared to 16.9% in the U.S.; and 39.4% of the population in California identify as White alone, compared to 63% in the U.S. overall. California’s diversity is a potential advantage to corporations that seek to include a variety of perspectives in their strategic decision-making process. We compared the ethnic mix of women directors to the ethnic mix of men directors using the following four broad categories: Caucasian, Asian, African-American or Black, Hispanic or Latino. Minorities are poorly represented among directors of both genders; within each gender, about 90% of directors are Caucasian. The ethnic mix for women and men does not show any clear differences between the genders. In both cases, Asian is the highest represented minority group, and African-American is the least well-represented minority group.

Ethnicity of Men Directors in California’s 94 Public Companies on the Fortune 1000 List

Ethnicity of Women Directors in California’s 94 Public Companies on the Fortune 1000 List 4.8% 3.4%

5.5% 2.4% 2.2%

2.8%

Caucasian

Caucasian

Asian

Asian

Hispanic or Latina

89.0%

2013 UC Davis Census

Hispanic or Latino

89.8%

African-American

12

African-American


WOMEN BOARD DIRECTORS: RACE & ETHNICITY At these 94 Fortune 1000 companies, fully three-quarters (75.4%) of the directors are Caucasian men; 14.3% are Caucasian women; 8.5% are African-American, Asian, Hispanic or Latino men; and 1.8% are African-American, Asian, Hispanic or Latina women. Of these four segments, minority women are the least well-represented. This breakdown illustrates the overwhelming presence of Caucasian men, as a group, in corporate director positions at California’s largest public companies. While the ethnic breakdown of the population is by no means a benchmark for corporate boards, there is an interesting reversal. Three out of four director seats in California, on average, are held by Caucasian men, who represent only 20% of the state’s population. At the same time, although non-Caucasian women represent more than 30% of California’s population, only one out of every 55 director seats (1.8%), on average, is held by a non-Caucasian woman.

Percent of Directors by Ethnicity in California’s 94 Public Companies on the Fortune 1000 List 80%

75.4%

70% 60% 50% 40% 30% 20%

14.3% 8.5%

10%

1.8%

0% Caucasian Men

Caucasian Women

African-American, Asian, Hispanic or Latino Men

African-American, Asian, Hispanic or Latina Women

Key Statistics •

Of the 902 directors at these 94 companies, 145 (16.1%) are women and 757 (83.9%) are men. The vast majority (75.4%) of these directors are Caucasian men.

The ethnic breakdown of women directors mirrors that of men directors. Only 11% of women directors and 10.2% of men directors are Asian, African-American, Hispanic or Latino.

At almost all of these 94 Fortune 1000 companies (89 companies, or 95%), Caucasian men constitute the majority of the board of directors. This includes nine companies that have all-Caucasian male boards.

13

2013 UC Davis Census


WHO ARE THE WOMEN DIRECTORS? Most women who serve on the boards of the 400 largest public companies in California serve only on one board in our study, although many of these women serve on multiple boards across the country. Of the 3,236 director positions at the 400 companies, 361 positions are held by 316 women. Of these women, 39 (12.3%) hold at least two board seats among companies in the 2013 Fortune 500, nine (2.8%) hold three such seats, one woman (0.3%) holds four such seats and two women each hold (0.6%) five such seats.

Women Who Serve on More than One Board in the Fortune 5007 Linda Fayne Levinson (5) Patricia F. Russo (5) Charlene Barshefsky (4) M. Michele Burns (3) Elaine L. Chao (3) Susan L. Decker (3) Bonnie G. Hill (3) Dawn Hudson (3) Kristina M. Johnson (3) Suzanne Nora Johnson (3) Laura D. Tyson (3) Jackie M. Ward (3) Susan E. Arnold (2) Roxanne S. Austin (2) Jocelyn E. Carter-Miller (2) Mary Anne Citrino (2) Linnet F. Deily (2) Susan D. Desmond-Hellmann (2) H. Paulett Eberhart (2) Frances D. Fergusson (2) Linda Griego (2) Mellody Hobson (2) Susan M. James (2) Andrea Jung (2) Maria M. Klawe (2) Marie L. Knowles (2) Sherry Lansing (2) Geraldine B. Laybourne (2) Ann M. Livermore (2) Monica C. Lozano (2) Marissa A. Mayer (2) Cynthia H. Milligan (2) Cathy E. Minehan (2) Nancy Newcomb (2) Debra L. Reed (2) Sheryl K. Sandberg (2) Lynn Schenk (2) Margaret C. Whitman (2) Billie Ida Williamson (2)

Hertz, Ingram Micro Inc., Jacobs Engineering, NCR, Western Union Alcoa, General Motors, Hewlett-Packard Co., KKR, Merck American Express, Estée Lauder, Intel Corp., Starwood Hotels & Resorts Cisco Systems Inc., Goldman Sachs, Walmart Dole Food Co. Inc., News Corp., Wells Fargo & Co. Berkshire Hathaway, Costco, Intel Corp. AK Steel, Home Depot, Yum Brands Allergan Inc., Interpublic Group, Lowe's AES, Boston Scientific, Cisco Systems Inc. American International Group, Pfizer, Visa Inc. AT&T, CBRE Group Inc., Morgan Stanley Sanmina-SCI Corp., Sysco, WellPoint McDonald's, Walt Disney Co. Abbott Laboratories, Target Interpublic Group, Principal Financial Dollar Tree, Health Net Inc. Chevron Corp., Honeywell Facebook Inc., Proctor & Gamble Advanced Micro Devices Inc., Anadarko Mattel Inc., Pfizer AECOM, CBS Estée Lauder, Starbucks Applied Materials Inc., Yahoo! Inc. Apple Inc., General Electric Broadcom Inc., Microsoft McKesson Corp., US Airways Dole Food Co. Inc., Qualcomm Inc. J.C. Penney, Symantec Corp. Hewlett-Packard Co., United Parcel Service Bank of America, Walt Disney Co. Walmart, Yahoo! Inc. Kellogg, Wells Fargo & Co. MassMutual, Visa Inc. DirecTV, Sysco Halliburton, Sempra Energy Facebook Inc., Walt Disney Co. Biogen Idec, Sempra Energy Hewlett-Packard Co., Proctor & Gamble Energy Future, Exelis Inc.

7

Includes companies located outside California.

Non-Executive Chairman

Executive Chairman Julia Stewart Kimberly J. Popovits Linda Lang8 Debra L. Reed

DineEquity Inc. Genomic Health Inc.

Molly F. Ashby Mellody Hobson Kristina M. Leslie Lynda J. Davey

Jack in the Box Inc. Sempra Energy

8 Announced retirement effective January 1, 2014. Will be replaced by Leonard Comma as Chairman and CEO.

2013 UC Davis Census

14

Annie’s Inc. DreamWorks Animation Inc. PICO Holdings Inc. Wet Seal Inc.


WOMEN BOARD DIRECTORS BY INDUSTRY Approximately 60% of the 400 largest public companies in California have at least one woman director. But there is more to this story. When the companies are categorized by industry, the data reveal a wide variation of representation of women in the boardrooms of companies across sectors. We obtained each company’s four-digit global industry classification (GIC) code from Compustat. We then sorted companies into 10 broad industry sectors using both the GIC industry-level categories and the GIC sector-level categories to ensure a stable categorization of companies, with roughly 10 or more companies in each group.

How Industries Compare: Percent of Companies with One or More Women Directors Utilities & Telecommunications

75%

Financial Services

71%

Consumer Goods

67%

Health Care

66%

Pharmaceuticals

65%

Technology Software

64%

Real Estate

60%

Energy, Materials & Industrials

59%

Technology Hardware

59%

Semiconductors

0%

29% 10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

The industries in which companies are most likely to have at least one woman director are utilities & communications (75%), financial services (70.6%), and consumer goods (66.7%). Excluding the semiconductor industry, which is a statistical outlier, the remaining nine industries have a wide majority of companies with one or more women directors. The semiconductor industry lags behind other industries by a significant margin, following a trend from last year. Compared to companies in the utilities & telecommunications and financial services industries combined, companies in the semiconductors industry are two and a half times as likely to have all-male boards.

15

2013 UC Davis Census


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


WOMEN BOARD DIRECTORS BY COMPANY SIZE The representation of women on boards of directors is strongly correlated with company size. We segment companies into 10 size groups according to their annual revenue in the most recent fiscal year. On average, large companies have larger boards as well as a greater representation of women on those boards. That is, board seats in larger companies are more likely to be held by women than are board seats in smaller companies, even though large companies have more board seats to begin with. This positive relationship between company size and the representation of women on the board is clear whether size is measured by total revenue or market capitalization. The latter is available from the author upon request. The largest total company revenue in our study was $222.6 billion. The smallest total company revenue in our study was $0 (for each of three pharmaceutical companies that have substantial market capitalization in anticipation of future revenues). The companies in the largest size group averaged $33.8 billion in total revenue, while the companies in the smallest size group averaged $24 million.

Percent of Women Directors by Company Size (Revenue)

20%

18.5%

15%

10%

12.8%

8.5%

8.7%

1 ($24)

2 ($86)

9.4%

9.0%

10.2%

10.0%

6 ($597)

7 ($960)

13.2%

7.5%

5%

0% 3 ($162)

4 ($253)

5 ($397)

8 9 10 ($1,713) ($4,063) ($33,817)

Size Group (Average Revenue in Millions)

The three largest size groups (with revenue averaging $1.7 billion and above) have the largest boards, averaging 8.0, 9.5 and 10.5 members, respectively, and the highest average percentages of women directors. The three smallest size groups (with revenue averaging $162 million and below) have about seven-member boards on average, and 8.5%, 8.7% and 9% of their board seats, respectively, are filled by women. Almost half (48.5%) of these smallest 120 companies in our study have no women board members. Only three of these smallest companies have three or more women directors (Portola Pharmaceuticals Inc., Medivation Inc. and Annie’s Inc.). We determined whether the firms in our study appear on the Fortune 1000 list for 2013. Among the Fortune 1000 companies, there are 94 public companies headquartered in California. There are 52 California public companies on the Fortune 500 list, and there are 12 California public companies on the Fortune 100 list.

17

2013 UC Davis Census


WOMEN BOARD DIRECTORS BY COMPANY SIZE Number of Women Directors by Company Size SIZE GROUP

1 2 3 4 5 6 7 8 9 10

AVERAGE REVENUE (IN MILLIONS)

$24 $86 $162 $253 $397 $597 $960 $1,713 $4,063 $33,817

COMPANIES WITH COMPANIES WITH AVERAGE SIZE OF BOARD ONE WOMAN NO WOMEN

7.4 7.2 7.2 7.3 7.7 8.1 8.0 8.0 9.5 10.5

21 20 22 23 21 18 16 13 7 1

19 20 18 17 19 22 24 27 33 39

COMPANIES WITH TWO OR MORE WOMEN

% WOMEN

6 4 5 5 7 8 7 11 15 25

8.5% 8.7% 9.0% 7.5% 9.4% 10.2% 10.0% 12.8% 13.2% 18.5%

The California Fortune 100 companies have an average of one woman on the board for almost every three men. These 12 companies have boards composed of 24.6% women, on average. Of the Fortune 101–500 companies, 95% (38 of 40) have at least one woman director, and 55% (22 of 40) have more than one woman director, although the average is 15.8% women directors. Of the Fortune 501–1000 firms, 78.6% (33 of 42) have at least one woman director, 31% (13 of 42) have more than one woman director, although the average is 13.4% women directors. Women Directors in California Companies in the Fortune 1000 # WOMEN DIRECTORS

COMPANY NAME (FORTUNE RANK)

Chevron Corp. (3) Apple Inc. (6) McKesson Corp. (14) Hewlett-Packard Co. (15) Wells Fargo & Co. (25) Intel Corp. (54) Google Inc. (55) Cisco Systems Inc. (60) Safeway Inc. (62) Walt Disney Co. (66) Ingram Micro Inc. (76) Oracle Corp. (80) 40 companies in Fortune 101—500 42 companies in Fortune 501—1000

2 1 3 3 5 2 3 3 1 4 2 2 65 49

% WOMEN DIRECTORS

18.2% 12.5% 33.3% 27.3% 35.7% 22.2% 30.0% 23.1% 12.5% 40.0% 18.2% 16.7% 15.8% 13.4%

Key Statistics •

Overall, the largest companies have more than twice the proportional representation of women on the board as the smallest companies (18.5% versus 8.5%), and this amounts to three times as many individual women directors on the board (1.95 women, on average, versus 0.63). The largest companies generate, on average, more than 1,000 times as much revenue as the smallest companies.

• All 12 of the public Fortune 100 companies in California have at least one woman director. Moreover, 83.3% have two or more women directors, and a wide majority (58.3%) have three or more women directors. Collectively, they average 24.6% women on their boards.

2013 UC Davis Census

18


WOMEN BOARD DIRECTORS BY LOCATION The majority of the 400 largest public companies in California are located in the San Francisco Bay Area (222) and in Southern California (165). The remaining are headquartered in Central Coast counties (11) and along the Central Valley (2). Below we report the key statistics. Comparisons involving counties with only a small number of companies should be interpreted with caution.

By Region

# Firms

% Women Directors

11 222 165 2

15.1% 11.2% 10.9% 0.0%

Central Coast Bay Area Southern California Central Valley Key Statistics

Central Coast

Firms headquartered in the Bay Area and Southern California have 11.2% and 10.9% women directors, respectively. There are too few firms headquartered in the Central Coast and Central Valley regions to make statistically relevant comparisons involving these regions.

Focusing on counties with more than 20 companies, San Francisco County has the highest percentage of women board members (17.3%), followed by nearby San Mateo County (11.8%) and San Diego County in Southern California (11.6%).

Among counties with more than 20 companies, Silicon Valley (Santa Clara County) and Alameda County have the lowest average percentage of women board members (9.3% and 9%, respectively).

Santa Barbara Santa Cruz Ventura Bay Area Contra Costa Marin San Francisco San Mateo Santa Clara Alameda Sonoma Southern California San Diego Los Angeles Orange Riverside San Bernardino Central Valley Kern Sacramento

# Firms

% Women Directors

1 3 7

33.3% 16.7% 12.3%

# Firms

% Women Directors

4 6 30 43 106 30 3

20.0% 18.0% 17.3% 11.8% 9.3% 9.0% 0.0%

# Firms

% Women Directors

51 79 33 1 1

11.6% 10.8% 10.5% 0.0% 0.0%

# Firms

% Women Directors

1 1

0.0% 0.0%

For complete county-by-county data, See Appendix C, page 42.

19

2013 UC Davis Census


HIGHEST-PAID WOMEN EXECUTIVES: SUMMARY Women executives in California’s 400 largest public

companies continue to be relatively scarce among the five highest-paid officers in each organization.

Highest-Paid Executive Positions Held by Gender in California’s 400 Largest Public Companies

10.5%

Women account for only 10.5% (199) of the 1,896 highest-paid executives in these firms, an increase from 8.9% in 2012 and 9.2% of these positions in 2011. Of the 328 companies in our study that were also in the 2012 census, 272 have the same number of highest-paid women executives, 19 companies have fewer women among the highest-paid executives, and 37 companies have more women among highest-paid executives.

Highest-Paid Executive Positions Held by Women

89.5%

Highest-Paid Executive Positions Held by Men

These highest-paid executive positions include the chief executive officer (CEO), the chief financial officer (CFO) and the three other most highly compensated executives. Key Statistics • A wide majority (59.8%) of California’s 400 largest public companies have no women among the highest paid executives. • Another 31.3% of the state’s companies have only one woman among the highest-paid executives. • Only 36 (9%) companies have two or more women among the highest-paid executives.

Percent of Companies with Highest-Paid Women Executives

70% 60%

59.8%

50% 40%

31.3%

30% 20% 8.5%

10%

0.5%

0% 0

1

2

Number of Highest-Paid Women Executives

2013 UC Davis Census

20

3


HIGHEST-PAID WOMEN EXECUTIVES BY COMPANY Only 36 of California’s 400 largest public companies have two or more women among highest-paid executives.

Companies with Two or More Highest-Paid Women Executives

# women top executives in 2013 in red (# women top executives in 2012 in blue) SciClone Pharmaceuticals Inc. 3 (0) Hyperion Therapeutics Inc. 2 (-)9 Quantum Corp. 2 (2) Williams-Sonoma Inc. 3 (3) Jamba Inc. 2 (3) QuinStreet Inc. 2 (2) American States Water Co. 2 (2) Juniper Networks Inc. 2 (2) Safeway Inc. 2 (2) AMN Healthcare Services Inc. 2 (2) Kratos Defense & Security Solutions Inc. 2 (1) Santarus Inc. 2 (2) Annie’s Inc. 2 (2) LTC Properties Inc. 2 (2) Sempra Energy 2 (2) bebe stores Inc. 2 (2) Medivation Inc. 2 (2) ServiceSource International Inc. 2 (0) DreamWorks Animation Inc. 2 (2) Monolithic Power Systems Inc. 2 (1) True Religion Apparel Inc. 2 (1) Ensign Group Inc. 2 (2) NVIDIA Corp. 2 (2) Varian Medical Systems Inc. 2 (1) Exelixis Inc. 2 (2) Oplink Communications Inc. 2 (2) VMware Inc. 2 (1) Wells Fargo & Co. 2 (1) Extreme Networks Inc. 2 (1) Pacific Sunwear of California Inc. 2 (2) Genomic Health Inc. 2 (1) Pharmacyclics Inc. 2 (1) Wet Seal Inc. 2 (3) Hewlett-Packard Co. 2 (2) Plantronics Inc. 2 (2) Yahoo! Inc. 2 (0) 9

Company's first proxy report was filed in 2013.

A wide majority (239) of the state’s 400 largest public companies have no women among the highest-paid executives. These companies report, on average, 4.7 male highest-paid executives each (versus 3.6 in other companies). •

Of the 328 companies that were also in our 2012 study, 195 (59.5%) have no women among the highest-paid executives in 2013. Of these 195, 180 (92.3%) also had no women among the highest-paid executives in 2012. One company (0.5%) had two women among the highest-paid executives in 2012 but lost two women in the last year, and the remaining 14 companies (7.2%) had one woman among the highest-paid executives in 2012 but lost a woman in the last year.

• Of the 72 companies that were not in the 2012 census, 44 (61.1%) have no women among the highest-paid executives in 2013. Companies with No Women Among the Highest-Paid Executives Abaxis Inc.

Callaway Golf Co.

Excel Trust Inc.

Ligand Pharmaceuticals Inc.

ProLogis Inc.

Acacia Research Corp.

CapitalSource Inc.

Fair Isaac Corp.

Limoneira Co.

Proofpoint Inc.

Sunstone Hotel Investors Inc. Supertex Inc.

ACADIA Pharmaceuticals Inc.

Cavium Inc.

Fairchild Semiconductor International Inc.

Linear Technology Corp.

Puma Biotechnology Inc.

SYNNEX Corp.

ACTIVE Network Inc.

CBRE Group Inc.

Finisar Corp.

LinkedIn Corp.

QUALCOMM Inc.

Synopsys Inc.

Activision Blizzard Inc.

Cepheid Inc.

First American Financial Corp.

Lions Gate Entertainment Corp.

Qualys Inc.

TearLab Corp.

Actuate Corp.

Cerus Corp.

FormFactor Inc.

Macerich Co.

Questcor Pharmaceuticals Inc.

Terreno Realty Corp.

Adobe Systems Inc.

Ceva Inc.

Google Inc.

MannKind Corp.

Quidel Corp.

Tesla Motors Inc.

Advent Software Inc.

Cisco Systems Inc.

Green Dot Corp.

Marin Software Inc.

Quiksilver Inc.

Tetra Tech Inc.

Affymetrix Inc.

City National Corp.

Guess? Inc.

Marketo Inc.

Rambus Inc.

Theravance Inc.

Agilent Technologies Inc.

Clean Energy Fuels Corp.

HCP Inc.

Masimo Corp.

ReachLocal Inc.

Threshold Pharmaceuticals

Air Lease Corp.

Cohu Inc.

Herbalife Ltd.

Mattel Inc.

RealD Inc.

TiVo Inc.

Alexandria Real Estate Equities Inc.

Colony Financial Inc.

Hudson Pacific Properties Inc.

Maxim Integrated Products Inc.

Realty Income Corp.

TRI Pointe Homes Inc.

Allergan Inc.

CoreLogic Inc.

iGATE Corp.

McGrath RentCorp

Redwood Trust Inc.

Trimble Navigation Ltd.

Altera Corp.

Cornerstone OnDemand Inc.

Illumina Inc.

Mercury General Corp.

Regulus Therapeutics Inc.

Trius Therapeutics Inc.

Ambarella Inc.

Cubic Corp.

Immersion Corp.

Micrel Inc.

Rentech Inc.

Trulia Inc.

American Assets Trust Inc.

CVB Financial Corp.

Imperva Inc.

Microsemi Corp.

Resmed Inc.

TTM Technologies Inc.

American Vanguard Corp.

Cyan Inc.

Infoblox Inc.

Model N Inc.

Responsys Inc.

Tutor Perini Corp.

Amgen Inc.

Cypress Semiconductor Corp.

Ingram Micro Inc.

Monster Beverage Corp.

Rigel Pharmaceuticals Inc.

Ultratech Inc.

Anworth Mortgage Asset Corp.

DepoMed Inc.

Inphi Corp.

Natus Medical Inc.

Riverbed Technology Inc.

United Online Inc.

Apple Inc.

DexCom Inc.

Integrated Device Technology Inc.

Nektar Therapeutics

Robert Half International Inc.

Universal Electronics Inc.

Applied Materials Inc.

Digital Realty Trust Inc.

Integrated Silicon Solution Inc.

NeoPhotonics Corp.

Rovi Corp.

URS Corp.

Applied Micro Circuits Corp.

DIRECTV

Intermolecular Inc.

NetApp Inc.

RPX Corp.

ValueClick Inc.

Arena Pharmaceuticals Inc.

Dolby Laboratories Inc.

International Rectifier Corp.

Netflix Inc.

Ryland Group Inc.

VCA Antech Inc.

Aruba Networks Inc.

Dole Food Co. Inc.

Intuitive Surgical Inc.

NetSuite Inc.

Salesforce.com Inc.

Verifone Systems Inc.

Astex Pharmaceuticals Inc.

Douglas Emmett Inc.

InvenSense Inc.

Neurocrine Biosciences Inc.

Sangamo BioSciences Inc.

Vocera Communications Inc.

Atmel Corp.

DTS Inc.

IPC The Hospitalist Co. Inc.

Newport Corp.

Sanmina-SCI Corp.

Volcano Corp.

Audience Inc.

E2open Inc.

Ixia

NuVasive Inc.

Schwab Corp.

Volterra Semiconductor Corp.

Avery Dennison Corp.

Edison International

IXYS Corp.

On Assignment Inc.

Semtech Corp.

WD-40 Co.

Big 5 Sporting Goods Corp.

Edwards Lifesciences Corp.

Jacobs Engineering Group Inc.

OpenTable Inc.

Sequenom Inc.

Wesco Aircraft Holdings Inc.

Biomarin Pharmaceutical Inc.

eGain Corp.

JAKKS Pacific Inc.

OSI Systems Inc.

ServiceNow Inc.

West Marine Inc.

BioMed Realty Trust Inc.

eHealth Inc.

JDS Uniphase Corp.

Palo Alto Networks Inc.

Shutterfly Inc.

Western Asset Mortgage Capital Corp.

BJ’s Restaurants Inc.

Electronic Arts Inc.

Jive Software Inc.

Pandora Media Inc.

Silicon Image Inc.

Western Digital Corp.

BreitBurn Energy Partners LP

Electronics for Imaging Inc.

Kaiser Aluminum Corp.

PDF Solutions Inc.

SJW Corp.

William Lyon Homes

Broadcom Corp.

Encore Capital Group Inc.

KB Home

Peregrine Semiconductor Corp.

Skechers U.S.A. Inc.

Workday Inc.

Brocade Communications Systems Inc.

Endologix Inc.

Keynote Systems Inc.

PG&E Corp.

SolarCity Corp.

Xilinx Inc.

Cadence Design Systems Inc.

Enphase Energy Inc.

Kilroy Realty Corp.

PICO Holdings Inc.

Solazyme Inc.

XOMA Corp.

CalAmp Corp.

Entravision Communications

KLA-Tencor Corp.

PMC-Sierra Inc.

Splunk Inc.

Xoom Corp.

Calavo Growers Inc.

Entropic Communications Inc.

Leap Wireless International Inc.

Power Integrations Inc.

Stamps.com Inc.

Yelp Inc.

California Water Service Group

Essex Property Trust Inc.

LeapFrog Enterprises Inc.

PriceSmart Inc.

Sunesis Pharmaceuticals Inc.

Zynga Inc.

Calix Inc.

Exar Corp.

Life Technologies Corp.

Procera Networks Inc.

SunPower Corp.

21

2013 UC Davis Census


WOMEN IN THE MOST IMPORTANT CORPORATE ROLES Of the 400 largest public companies in California, 13 are led by women chief executive officers. Although this is the same number as in 2012 and 2011, four women are new to this list. Nine of these women were on last year’s list. Four women who were on last year’s list do not appear on this year’s list. • Of the four women appearing on the chief executive officer (CEO) list for the first time, two are CEOs of newly created companies that filed their first proxy report in 2013 (Lisa Im of Performant Financial Corp. and Selina Lo of Ruckus Wireless Inc.), one replaced a male CEO at a company that was in our study last year (Karen Colonias of Simpson Manufacturing Co. Inc.), and the other replaced a female CEO and male Interim CEO at a company that also appeared in our study last year (Marissa Mayer of Yahoo! Inc.).

• Four women who were on last year’s CEO list do not appear on this year’s list. Three of the four companies are in the study this year and have a male CEO. The fourth company has been acquired by a private, out-ofstate firm.

• The number of women serving as the chief financial officer in California’s 400 largest public companies continues to grow, reaching 52 this year, up from 47 last year and 45 in 2011. Chief Operating Officer / President

Chief Executive Officer Susan Salka Constance Moore Julia Stewart Kimberly Popovits Margaret Whitman Linda Lang 10 Wendy Simpson Lisa C. Im Selina Y. Lo Debra Reed Karen Colonias Laura Alber Marissa A. Mayer

Jane A. Chmielinski Susan R. Salka Emilia Fabricant Talbott Roche Constance B. Moore Ann Daly Sheryl K. Sandberg Jennifer M. Johnson Kimberly J. Popovits Margaret C. Whitman B. Lynne Parshall Wendy L. Simpson Terry P. Bayer Safra A. Catz Mahkam (Maky) Zanganeh Bronwyn Syiek Barbara Rentler Selina Y. Lo Karen Colonias Lynne Koplin Laura J. Alber

AMN Healthcare Services Inc. BRE Properties Inc. DineEquity Inc. Genomic Health Inc. Hewlett-Packard Co. Jack in the Box Inc. LTC Properties Inc. Performant Financial Corp. Ruckus Wireless Inc. Sempra Energy Simpson Manufacturing Co. Inc. Williams-Sonoma Inc. Yahoo! Inc.

10

Announced retirement effective January 1, 2014. Will be replaced by Leonard Comma as Chairman and CEO.

AECOM Technology Corp. AMN Healthcare Services Inc. bebe stores Inc. Blackhawk Network Holdings Inc. BRE Properties Inc. DreamWorks Animation Inc. Facebook Inc. Franklin Resources Inc. Genomic Health Inc. Hewlett-Packard Co. Isis Pharmaceuticals Inc. LTC Properties Inc. Molina Healthcare Inc. Oracle Corp. Pharmacyclics Inc. QuinStreet Inc. Ross Stores Inc. Ruckus Wireless Inc. Simpson Manufacturing Co. Inc. True Religion Apparel Inc. Williams-Sonoma Inc.

Chief Financial Officer Eva G. Tang

American States Water Co.

Pamela Shelley-Kessler

LTC Properties Inc.

Kelly J. Kennedy

Annie’s Inc.

Meera Rao

Monolithic Power Systems Inc.

Laura J. Neumann

Arden Group Inc.

Rachel Glaser

Move Inc.

Christine A. Tsingos

Bio-Rad Laboratories Inc.

Christine M. Gorjanc

NETGEAR Inc.

Susan M. Kanaya

ChemoCentryx Inc.

Karen T. Burns

NVIDIA Corp.

Patricia Yarrington

Chevron Corp.

Cynthia L. Walker

Occidental Petroleum Corp.

Helene Simonet

Coherent Inc.

Shirley Yin

Oplink Communications Inc.

Stacy Loretz-Congdon

Core Mark Holding Co. Inc.

Safra A. Catz

Oracle Corp.

Sharon A. Barbari

Cytokinetics Inc.

Anne D. McCallion

PennyMac Mortgage Investment Trust

Suzanne D. Snapper

Ensign Group Inc.

Pam Strayer

Plantronics Inc.

Nancy Bush

Fortinet Inc.

Mardi C. Dier

Portola Pharmaceuticals Inc.

Sabrina Simmons

Gap Inc.

Jean Hu

QLogic Corp.

Kathleen E. Redd

GenCorp Inc.

Linda M. Breard

Quantum Corp.

Robin L. Washington

Gilead Sciences Inc.

Laurel J. Krzeminski

Granite Construction Inc.

Kim R. Tsuchimoto11 Karla R. Lewis

Reliance Steel & Aluminum Co.

Raptor Pharmaceutical Corp.

Karen Blasing

Guidewire Software Inc.

Karen Boone

Restoration Hardware Holdings Inc.

Carolyn V. Aver

Harmonic Inc.

Judy Bruner

SanDisk Corp.

Jessica Baron

Hercules Technology Growth Capital Inc.

Debra P. Crawford

Santarus Inc.

Catherine A. Lesjak

Hewlett-Packard Co.

Deborah Andrews

STAAR Surgical Co.

Ita M. Brennan

Infinera Corp.

Kathleen A. Bayless

Synaptics Inc.

B. Lynne Parshall11 Kathleen M. Griggs

Isis Pharmaceuticals Inc.

Susan L. Main

Teledyne Technologies Inc.

j2 Global Inc.

Diana M. Laing

Thomas Properties Group

Karen L. Luey

Jamba Inc.

Sydney Carey

TIBCO Software Inc.

Robyn M. Denholm

Juniper Networks Inc.

Elisha W. Finney

Varian Medical Systems Inc.

Deanna Lund

Kratos Defense & Security Solutions Inc.

Kathy Willard

Live Nation Entertainment Inc.

Jill M. Broadfoot11 Julie P. Whalen

Williams-Sonoma Inc.

11

2013 UC Davis Census

Left after fiscal year-end and is no longer serving in the role.

22

Vical Inc.


HIGHEST-PAID WOMEN EXECUTIVES BY INDUSTRY Well over one-third (40.3%) of California’s 400 largest public companies have at least one highest-paid woman executive. When the companies are categorized by industry, there is wide variation in the percentage of companies with highest-paid women executives. Almost 30 percentage points separate the industry whose firms are most likely to have at least one highest-paid woman executive (50%) from the industry whose firms are least likely to have at least one highest-paid woman executive (20.8%).

How Industries Compare: Percent of Companies with One or More Highest-Paid Women Executives Pharmaceuticals

50%

Health Care

50% 46%

Consumer Goods Energy, Materials & Industrials

43%

Technology Hardware

43% 41%

Financial Services

38%

Utilities & Telecommunications

36%

Technology Software

33%

Real Estate

21%

Semiconductors

0%

10%

20%

30%

40%

50%

60%

Among the 10 industry categories we identify, the 54 pharmaceutical companies were the most likely (50%) to have at least one highest-paid woman executive for the second year in a row. In a tie with the pharmaceutical industry this year, companies in the health care industry are also most likely (50%) to have at least one highest-paid woman executive. In the consumer goods sector, 46.3% of firms have at least one highest-paid woman executive. The 48 companies in the semiconductors industry were the least likely (20.8%) to have at least one highest-paid woman executive in 2013. The semiconductors industry is a statistical outlier, having so few companies with women leaders. Stated another way, almost four-fifths of this industry (79.2%) comprises companies whose highest-paid executives are all men.

23

2013 UC Davis Census


HIGHEST-PAID WOMEN EXECUTIVES BY INDUSTRY The pharmaceuticals industry has the greatest percentage of highest-paid women executives. For the 54 companies in this sector, 13.8% of highest-paid executives are women. The 54 firms in the consumer goods industry follow close behind with the second-highest percentage (13.7%). Firms in the semiconductors and real estate industries have the lowest percentages of highest-paid women executives (5.3% and 7.7%, respectively). Firms in these two sectors are also the least likely to have a women in their highestpaid management teams (20.8% and 33.3%).

Percent of Highest-Paid Women Executives by Industry INDUSTRY

Pharmaceuticals Consumer Goods Utilities & Telecommunications Health Care Technology Hardware Financial Services Energy, Materials & Industrials Technology Software Real Estate Semiconductors

% HIGHEST-PAID WOMEN EXECUTIVES

INDUSTRY REVENUES (B)

13.8% 13.7% 12.8% 12.3% 11.8% 10.0% 9.3% 8.9% 7.7% 5.3%

$51.31 $220.52 $41.09 $162.21 $456.99 $115.63 $319.14 $181.17 $22.22 $112.59

# COMPANIES

54 54 8 32 51 17 37 69 30 48

Key Statistics • The pharmaceuticals and health care industries have the largest proportion of companies (50%) with at least one woman among their highest-paid executive officers. The pharmaceuticals industry has the highest percentage of women highest-paid executives (13.8%). • Firms in four industries (energy, materials & industrials; technology software; real estate; and semiconductors) all average fewer than 10% of highest-paid executive positions held by women. • The semiconductors sector is a statistical outlier with only one-fifth of its companies having any women highest-paid executives. In semiconductor companies, only 5.3% of highest-paid executive positions, on average, are held by women.

2013 UC Davis Census

24


HIGHEST-PAID WOMEN EXECUTIVES BY COMPANY SIZE While large companies tend to have both larger boards and a greater representation of women on their boards, the relationship between firm size and the representation of women in executive suites among California’s 400 largest public companies is less clear. We segment companies into 10 size groups according to their annual revenue in the most recent fiscal year. Companies of all sizes generally report five highest-paid executives. However, whether measured by market capitalization or total revenue, the largest firms in our study have almost the same percentage of highest-paid women executives as do the smallest firms in our study. The largest total company revenue in our study was $222.6 billion. The smallest total company revenue in our study was $0 (for each of three pharmaceutical companies that have substantial market capitalization in anticipation of future revenues). The companies in the largest size group averaged $33.8 billion in total revenue, while the companies in the smallest size group averaged $24 million. No discernible pattern exists between company size and percentage of highest-paid women executives. Number of Highest-Paid Women Executives by Company Size SIZE GROUP

1 2 3 4 5 6 7 8 9 10

AVERAGE REVENUE (IN MILLIONS)

AVERAGE NUMBER OF HIGHEST-PAID EXECUTIVES

$24 $86 $162 $253 $397 $597 $960 $1,713 $4,063 $33,817

COMPANIES WITH COMPANIES WITH NO WOMEN ONE WOMAN

4.4 4.3 4.4 4.5 4.9 4.7 5.0 5.0 5.1 5.2

20 28 27 27 20 28 18 28 24 19

COMPANIES WITH TWO OR MORE WOMEN

20 12 13 13 20 12 22 12 16 21

% WOMEN

2 2 4 7 2 4 5 0 6 4

12.6% 8.1% 10.2% 11.0% 11.3% 8.5% 13.5% 6.0% 11.3% 12.1%

Companies in the smallest size group in our study averaged 12.6% women among their highest-paid executive officers. However, companies in the largest size group in our study averaged a virtually indistinguishable 12.1% women among their highest-paid executive officers. With the exception of one group that averaged 13.5% women, all other groups ranged between just 6% and 11.3% women among the highest-paid executive officers.

Percent of Highest-Paid Women Executives by Company Size (Revenue)

16% 14%

13.5%

12.6%

12%

10.2%

10%

11.0%

11.3%

12.1%

8.5%

8.1%

8%

11.3%

6.0%

6% 4% 2% 0% 1 ($24)

2 ($86)

3 ($162)

4 ($253)

5 ($397)

6 ($597)

7 8 9 10 ($960) ($1,713) ($4,063) ($33,817)

Size Group (Average Revenue in Millions)

25

2013 UC Davis Census


HIGHEST-PAID WOMEN EXECUTIVES BY COMPANY SIZE We also examine firms that appear in the 2013 Fortune list, based on total revenue. Four (33.3%) of the 12 public California companies in the Fortune 100 have no women among the highest-paid executives: Apple Inc., Cisco Systems Inc., Google Inc. and Ingram Micro Inc. Three (25%) of the Fortune 100 companies have two women on their highest-paid executive teams: Hewlett-Packard Co., Wells Fargo & Co. and Safeway Inc. Despite the lack of a discernible pattern between company size and women highest-paid executives, we find that companies on more exclusive Fortune lists have greater average representation of women on their highest-paid team of executives. On average, the Fortune 100 companies have 17.7% highest-paid women executives. The Fortune 101–500 companies have an average of 10.6% highest-paid women executives and the Fortune 501–1000 companies have an average of 9.8%. Highest-Paid Women Executives in California Companies in the Fortune 1000 # HIGHEST-PAID WOMEN EXECUTIVES

COMPANY NAME (FORTUNE RANK)

Chevron Corp. (3) Apple Inc. (6) McKesson Corp. (14) Hewlett-Packard Co. (15) Wells Fargo & Co. (25) Intel Corp. (54) Google Inc. (55) Cisco Systems Inc. (60) Safeway Inc. (62) Walt Disney Co. (66) Ingram Micro Inc. (76) Oracle Corp. (80) 40 companies in Fortune 101—500 42 companies in Fortune 501—1000

1 0 1 2 2 1 0 0 2 1 0 1 22 21

% HIGHEST-PAID WOMEN EXECUTIVES

20.0% 0.0% 20.0% 40.0% 33.3% 20.0% 0.0% 0.0% 40.0% 20.0% 0.0% 20.0% 10.6% 9.8%

Key Statistics • Companies in the largest and smallest size groups in our study have, respectively, 12.1% and 12.6% women in their highest-paid executive positions, on average. • On average, women hold 17.7% of highest-paid executive positions at Fortune 100 companies in California, 10.6% of highest-paid executive positions at Fortune 101–500 companies in California, and 9.8% of highest-paid executive positions at Fortune 501–1000 companies in California. • Despite the wide range of average company sizes across our 10 size groups, no clear positive correlation between company size and representation of women executives emerges from these data.

2013 UC Davis Census

26


HIGHEST-PAID WOMEN EXECUTIVES BY LOCATION The number of highest-paid women executives at the largest public companies in California varies considerably at the county level. Below we report the key statistics, again noting that comparisons involving counties with small numbers of companies should be made with caution.

By Region Central Valley Central Coast Bay Area Southern California

# Firms 2 11 222 165

% Highest-Paid Women Executives 18.2% 12.0% 11.9% 8.5%

Key Statistics • Firms located in the Bay Area have more women highest-paid executives on average (11.9%) than do Southern California companies (8.5%). • Focusing on counties with at least 20 companies, San Mateo County has the greatest percentage of highest-paid women executives (15.4%), while Orange County and Los Angeles County have the lowest percentages (8.1% and 8.3%, respectively).

Central Valley Sacramento Kern

# Firms 1 1

% Highest-Paid Women Executives 20.0% 16.7%

Central Coast Santa Cruz Santa Barbara Ventura

# Firms 3 1 7

% Highest-Paid Women Executives 21.4% 20.0% 6.5%

Bay Area San Mateo Alameda Marin San Francisco Santa Clara Contra Costa Sonoma

# Firms 43 30 6 30 106 4 3

% Highest-Paid Women Executives 15.4% 14.3% 13.3% 11.3% 10.2% 10.0% 0.0%

Southern California San Diego Los Angeles Orange Riverside San Bernardino

# Firms 51 79 33 1 1

% Highest-Paid Women Executives 9.5% 8.3% 8.1% 0.0% 0.0%

For complete county-by-county data, see Appendix C, page 42.

27

2013 UC Davis Census


CON C L U S I ON

W

hile our 2013–2014 study documents a persistent lack of gender diversity on the leadership teams at California’s 400 largest public corporations, there are hopeful signs. Fewer companies are without women. Indeed, for the first time since we expanded our dataset to 400 companies in 2006, the number of companies with one woman among the board of directors and highest-paid executives surpasses the number of companies with no women. In addition, our top two firms this year both have a female majority in these top leadership positions, another first for our study. Finally, the overall percentage of women jumped more than one percentage point, a respectable increase that comes on the heels of California’s passage of SCR-62, and may signal more progress to come. As in previous years, company size continues to play a role in explaining the percentage of women directors (but not executives), whether measured by market capitalization or total revenue. Industry also explains variations. The semiconductor industry is a statistical outlier in which very few companies have one or more women directors or highestpaid executives. Location is a factor, too. Among counties with at least 20 companies, San Francisco has the highest percentage of women directors, and San Mateo has the highest percentage of women highest-paid executives. Our study shows that the boardrooms of California’s largest public companies lack diversity in gender and ethnic background. This indicates that only limited perspectives and experiences are taking part in high-level strategic decision making at these firms. California’s resolution, SCR-62, sends a powerful message to corporate California to change this by putting women on corporate boards. As of their most recent fiscal year end, only 12.3% of the state’s 400 largest public companies meet the standards of the resolution. With the first resolution in the nation urging public companies to see the value of more women directors, the California State legislature has spoken. The onus is now squarely on companies to diversify their boardrooms.

ACKNOWLEDGEMENTS This study is made possible by collaboration among many people. Sincere appreciation goes to Christina Lozano for graphic design; to Meg Zosa Velasquez and Madeline Dana for collecting the data to precise specifications; to Marianne Skoczek and Crystal Ross O’Hara for detailed editing; to Tim Akin for marketing; to Karen Nikos for media relations; to Dean Steven Currall and Watermark CEO Marilyn Nagel for continuing to fund, support and promote the study; and to Associate Dean Paul Griffin for managerial support.

2013 UC Davis Census

28


Appendix A: California’s 400 Largest Public Companies Ranked by Percentage of Women Directors and Executive Officers

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

INDUSTRY Consumer Goods Consumer Goods Consumer Goods Pharmaceuticals Utilities & Telecommunications Consumer Goods Real Estate Financial Services Health Care Consumer Goods Technology Hardware Pharmaceuticals Consumer Goods Pharmaceuticals Pharmaceuticals Consumer Goods Health Care Technology Hardware Real Estate Health Care Technology Software Health Care Technology Hardware Technology Hardware Energy, Materials & Industrials Technology Software Real Estate Technology Hardware Technology Software Utilities & Telecommunications Technology Hardware Technology Software Technology Software Consumer Goods Pharmaceuticals Pharmaceuticals Consumer Goods Technology Software Pharmaceuticals Pharmaceuticals Consumer Goods Semiconductors Consumer Goods Pharmaceuticals Consumer Goods Financial Services Semiconductors Technology Software Pharmaceuticals Energy, Materials & Industrials Technology Software Financial Services Health Care Consumer Goods Pharmaceuticals Energy, Materials & Industrials Financial Services Technology Hardware Pharmaceuticals Real Estate Energy, Materials & Industrials Consumer Goods Energy, Materials & Industrials Health Care Technology Software Energy, Materials & Industrials Consumer Goods Financial Services Technology Software Consumer Goods Technology Hardware

TOTAL DIRECTORS

Annie’s Inc. Wet Seal Inc. Williams-Sonoma Inc. Medivation Inc. American States Water Co. bebe stores Inc. LTC Properties Inc. Wells Fargo & Co. AMN Healthcare Services Inc. Walt Disney Co. Hewlett-Packard Co. Genomic Health Inc. Jack in the Box Inc. Bio-Rad Laboratories Inc. SciClone Pharmaceuticals Inc. Deckers Outdoor Corp. McKesson Corp. NETGEAR Inc. BRE Properties Inc. Health Net Inc. Yahoo! Inc. Ensign Group Inc. Harmonic Inc. Juniper Networks Inc. Kratos Defense & Security Solutions Inc. Move Inc. PS Business Parks Inc. QLogic Corp. QuinStreet Inc. Sempra Energy Super Micro Computer Inc. Symantec Corp. Visa Inc. West Marine Inc. Portola Pharmaceuticals Inc. Cytokinetics Inc. DreamWorks Animation Inc. Facebook Inc. Halozyme Therapeutics Inc. Hyperion Therapeutics Inc. Jamba Inc. Monolithic Power Systems Inc. Safeway Inc. Receptos Inc. Clorox Co. Financial Engines Inc. Intel Corp. Intuit Inc. Orexigen Therapeutics Inc. Simpson Manufacturing Co. Inc. VMware Inc. Westamerica Bancorporation CorVel Corp. Gap Inc. Gilead Sciences Inc. Kaiser Aluminum Corp. KKR Financial Holdings LLC Oplink Communications Inc. Organovo Holdings Inc. PennyMac Mortgage Investment Trust Performant Financial Corp. Restoration Hardware Holdings Inc. Teledyne Technologies Inc. Varian Medical Systems Inc. Autodesk Inc. Chevron Corp. DineEquity Inc. Franklin Resources Inc. Google Inc. Mattel Inc. QUALCOMM Inc.

MEET SCR-62

1 1 3 4 5 6 7 8 9 9 11 12 12 14 14 16 16 16 19 19 19 22 22 22 22 22 22 22 22 22 22 22 22 22 35 36 36 36 36 36 36 36 36 44 45 45 45 45 45 45 45 45 53 53 53 53 53 53 53 53 53 53 53 53 65 65 65 65 65 65 65

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

$721 $420 $5,432 $3,689 $1,035 $443 $1,336 $218,582 $659 $113,729 $47,828 $958 $1,748 $2,630 $268 $1,740 $26,162 $1,177 $3,855 $2,525 $27,207 $769 $643 $9,776 $367 $511 $1,756 $851 $370 $19,915 $449 $15,660 $94,656 $266 $833 $316 $1,943 $43,531 $899 $441 $249 $887 $5,704 $365 $10,946 $2,230 $120,447 $18,124 $553 $1,429 $8,587 $1,233 $634 $19,517 $78,205 $1,171 $2,160 $331 $245 $1,242 $553 $2,916 $2,890 $7,313 $7,630 $229,403 $1,333 $28,919 $238,689 $15,650 $105,553

Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes Yes No No Yes No No Yes Yes Yes No No Yes Yes Yes Yes Yes Yes No Yes Yes No No No No No No No No No No No No No No No No Yes No No No No No No No No No No No No Yes Yes Yes

6 7 10 7 9 5 6 14 8 10 11 8 8 5 5 9 9 9 10 10 10 7 7 10 7 7 8 7 7 11 7 10 11 8 13 8 8 8 8 8 9 8 8 6 9 9 9 9 9 9 9 9 6 10 10 10 12 5 5 10 7 7 10 10 9 11 11 11 10 11 11

4 4 4 3 4 2 2 5 2 4 3 2 3 2 0 3 3 3 3 3 2 1 2 2 1 2 2 2 1 2 2 3 3 3 3 2 1 2 2 1 1 1 1 1 2 2 2 2 2 2 1 2 1 2 2 3 2 0 1 2 1 1 2 1 2 2 2 2 3 3 3

5 4 5 4 5 5 5 6 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 5 5 4 5 5 5 5 6 5 4 4 5 5 5 5 5 4 5 5 3 5 5 5 5 5 5 5 5 4 5 5 5 3 5 5 5 3 3 5 5 7 5 5 5 6 5 5

2 2 3 2 2 2 2 2 2 1 2 2 1 1 3 1 1 1 1 1 2 2 1 2 2 1 1 1 2 2 1 1 1 0 1 1 2 1 1 2 2 2 2 1 1 1 1 1 1 1 2 1 1 1 1 0 1 2 1 1 1 1 1 2 1 1 1 1 0 0 0

11 11 15 11 14 10 11 20 12 15 16 13 13 10 10 14 14 14 15 15 15 12 12 16 12 12 12 12 12 16 12 16 16 12 17 13 13 13 13 13 13 13 13 9 14 14 14 14 14 14 14 14 10 15 15 15 15 10 10 15 10 10 15 15 16 16 16 16 16 16 16

6 6 7 5 6 4 4 7 4 5 5 4 4 3 3 4 4 4 4 4 4 3 3 4 3 3 3 3 3 4 3 4 4 3 4 3 3 3 3 3 3 3 3 2 3 3 3 3 3 3 3 3 2 3 3 3 3 2 2 3 2 2 3 3 3 3 3 3 3 3 3

54.5% 54.5% 46.7% 45.5% 42.9% 40.0% 36.4% 35.0% 33.3% 33.3% 31.3% 30.8% 30.8% 30.0% 30.0% 28.6% 28.6% 28.6% 26.7% 26.7% 26.7% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 23.5% 23.1% 23.1% 23.1% 23.1% 23.1% 23.1% 23.1% 23.1% 22.2% 21.4% 21.4% 21.4% 21.4% 21.4% 21.4% 21.4% 21.4% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 20.0% 18.8% 18.8% 18.8% 18.8% 18.8% 18.8% 18.8%

29

2013 UC Davis Census


R a nking s Appendix A

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

2013 UC Davis Census

INDUSTRY Technology Software Energy, Materials & Industrials Pharmaceuticals Pharmaceuticals Technology Hardware Technology Software Consumer Goods Real Estate Semiconductors Technology Software Health Care Consumer Goods Technology Hardware Technology Hardware Technology Software Consumer Goods Technology Hardware Technology Hardware Technology Hardware Real Estate Technology Hardware Technology Software Energy, Materials & Industrials Technology Software Pharmaceuticals Pharmaceuticals Technology Software Real Estate Consumer Goods Utilities & Telecommunications Real Estate Consumer Goods Real Estate Energy, Materials & Industrials Technology Hardware Technology Software Health Care Pharmaceuticals Pharmaceuticals Financial Services Consumer Goods Pharmaceuticals Real Estate Real Estate Consumer Goods Pharmaceuticals Pharmaceuticals Pharmaceuticals Semiconductors Energy, Materials & Industrials Health Care Technology Hardware Technology Hardware Energy, Materials & Industrials Technology Software Semiconductors Semiconductors Consumer Goods Real Estate Technology Hardware Technology Software Pharmaceuticals Semiconductors Health Care Technology Software Consumer Goods Utilities & Telecommunications Semiconductors Semiconductors Consumer Goods Real Estate Real Estate

TOTAL DIRECTORS

Callidus Software Inc. Exponent Inc. Isis Pharmaceuticals Inc. KYTHERA Biopharmaceuticals Inc. Ruckus Wireless Inc. TIBCO Software Inc. True Religion Apparel Inc. Kennedy-Wilson Holdings Inc. Lam Research Corp. Oracle Corp. Accuray Inc. Big 5 Sporting Goods Corp. Cisco Systems Inc. Coherent Inc. Guidance Software Inc. Netflix Inc. Plantronics Inc. Polycom Inc. RealD Inc. Realty Income Corp. SanDisk Corp. Silver Spring Networks Inc. WageWorks Inc. Xoom Corp. ACADIA Pharmaceuticals Inc. AcelRx Pharmaceuticals Inc. Advent Software Inc. BioMed Realty Trust Inc. Bridgepoint Education Inc. California Water Service Group Digital Realty Trust Inc. Dole Food Co. Inc. HCP Inc. Korn/Ferry International Multi-Fineline Electronix Inc. NetSuite Inc. Omnicell Inc. ONYX Pharmaceuticals Inc. Pharmacyclics Inc. PICO Holdings Inc. PriceSmart Inc. Raptor Pharmaceutical Corp. Redwood Trust Inc. Retail Opportunity Investments Corp. Ross Stores Inc. Santarus Inc. Allergan Inc. Arena Pharmaceuticals Inc. Broadcom Corp. Capstone Turbine Corp. CareFusion Corp. Emulex Corp. Extreme Networks Inc. Granite Construction Inc. Informatica Corp. LSI Corp. NVIDIA Corp. Pacific Sunwear of California Inc. Public Storage Quantum Corp. ServiceSource International Inc. Trius Therapeutics Inc. Advanced Micro Devices Inc. Cooper Companies Inc. CoreLogic Inc. Diamond Foods Inc. Edison International International Rectifier Corp. Intersil Corp. KB Home Macerich Co. ProLogis Inc.

MEET SCR-62

72 72 72 72 72 72 72 79 79 79 82 82 82 82 82 82 82 82 82 82 82 82 82 82 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 96 118 118 118 118 118 118 118 118 118 118 118 118 118 118 118 118 134 134 134 134 134 134 134 134 134 134

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

(continued)

$248 $779 $3,001 $497 $953 $3,512 $815 $1,233 $7,215 $142,212 $425 $478 $130,054 $1,340 $246 $11,852 $1,934 $1,817 $688 $8,226 $14,867 $1,161 $1,149 $756 $1,575 $345 $1,802 $3,769 $659 $931 $7,833 $1,142 $20,652 $915 $353 $6,769 $706 $6,315 $5,784 $477 $2,645 $531 $1,396 $923 $14,173 $1,367 $25,908 $1,677 $17,607 $357 $8,100 $592 $320 $1,155 $3,781 $3,924 $8,114 $248 $26,351 $333 $716 $388 $2,915 $5,792 $2,214 $462 $15,691 $1,454 $992 $1,640 $8,383 $18,793

No No No No No No No No No No No Yes Yes No No Yes No No Yes Yes No No No No No No Yes Yes No Yes Yes No Yes No No Yes No No No Yes Yes No Yes No No No No No No No No No No No No No No No No No No No No No No No No No No No No No

6 6 6 8 8 6 6 11 11 12 7 7 13 7 7 7 7 7 7 7 8 9 8 9 9 8 8 8 8 8 8 9 8 8 8 8 8 8 7 8 8 8 8 8 8 8 9 9 9 9 9 9 9 9 9 9 9 9 8 9 9 9 10 9 10 9 11 10 10 10 10 10

1 1 1 1 1 1 0 2 2 2 1 2 3 1 1 2 0 1 2 2 1 1 1 2 2 1 2 2 1 2 2 2 2 1 1 2 1 1 0 2 2 1 2 1 1 0 2 2 2 1 1 1 0 1 1 1 0 0 1 0 0 2 1 1 2 1 2 2 1 2 2 2

5 5 5 3 3 5 5 6 6 5 5 5 5 5 5 5 5 5 5 5 4 3 4 3 4 5 5 5 5 5 5 4 5 5 5 5 5 5 6 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 5 5 5 5 6 5 6 4 5 5 5 5 5

1 1 1 1 1 1 2 1 1 1 1 0 0 1 1 0 2 1 0 0 1 1 1 0 0 1 0 0 1 0 0 0 0 1 1 0 1 1 2 0 0 1 0 1 1 2 0 0 0 1 1 1 2 1 1 1 2 2 1 2 2 0 1 1 0 1 0 0 1 0 0 0

11 11 11 11 11 11 11 17 17 17 12 12 18 12 12 12 12 12 12 12 12 12 12 12 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 15 15 15 15 15 15 15 15 15 15

2 2 2 2 2 2 2 3 3 3 2 2 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2

18.2% 18.2% 18.2% 18.2% 18.2% 18.2% 18.2% 17.6% 17.6% 17.6% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 16.7% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 14.3% 13.3% 13.3% 13.3% 13.3% 13.3% 13.3% 13.3% 13.3% 13.3% 13.3%

30


R an k i n g s

Appendix A

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

INDUSTRY Energy, Materials & Industrials Consumer Goods Real Estate Technology Software Pharmaceuticals Consumer Goods Technology Hardware Technology Software Health Care Utilities & Telecommunications Pharmaceuticals Energy, Materials & Industrials Energy, Materials & Industrials Consumer Goods Energy, Materials & Industrials Financial Services Technology Software Pharmaceuticals Technology Hardware Pharmaceuticals Financial Services Technology Software Technology Hardware Technology Software Financial Services Consumer Goods Utilities & Telecommunications Technology Software Pharmaceuticals Consumer Goods Real Estate Technology Hardware Technology Software Semiconductors Technology Software Energy, Materials & Industrials Pharmaceuticals Energy, Materials & Industrials Pharmaceuticals Technology Software Health Care Technology Software Technology Software Consumer Goods Semiconductors Health Care Technology Software Semiconductors Energy, Materials & Industrials Technology Hardware Health Care Consumer Goods Health Care Technology Software Technology Software Technology Hardware Health Care Consumer Goods Pharmaceuticals Health Care Financial Services Health Care Pharmaceuticals Technology Hardware Technology Software Health Care Pharmaceuticals Consumer Goods Pharmaceuticals Technology Hardware Utilities & Telecommunications Energy, Materials & Industrials

TOTAL DIRECTORS

Reliance Steel & Aluminum Co. Arden Group Inc. CBRE Group Inc. eBay Inc. Exelixis Inc. Herbalife Ltd. Ingram Micro Inc. Model N Inc. Molina Healthcare Inc. PG&E Corp. Vical Inc. AECOM Technology Corp. Avery Dennison Corp. DIRECTV Occidental Petroleum Corp. Schwab Corp. Adobe Systems Inc. Amgen Inc. CalAmp Corp. ChemoCentryx Inc. Hercules Technology Growth Capital Inc. Infoblox Inc. Procera Networks Inc. Rovi Corp. TCP Capital Corp. Crown Media Holdings Inc. 8x8 Inc. Accelrys Inc. Avanir Pharmaceuticals Inc. Guess? Inc. HomeFed Corp. Ixia Marketo Inc. OmniVision Technologies Inc. Qualys Inc. AeroVironment Inc. Affymetrix Inc. CAI International Inc. Fluidigm Corp. Fortinet Inc. GenMark Diagnostics Inc. Guidewire Software Inc. j2 Global Inc. JAKKS Pacific Inc. Nanometrics Inc. Natus Medical Inc. Proofpoint Inc. Rambus Inc. Robert Half International Inc. Silicon Graphics International Corp. STAAR Surgical Co. Standard Pacific Corp. TearLab Corp. Trulia Inc. Workday Inc. Brocade Communications Systems Inc. Cerus Corp. Cheesecake Factory Inc. DepoMed Inc. DexCom Inc. eHealth Inc. ICU Medical Inc. Impax Laboratories Inc. JDS Uniphase Corp. Keynote Systems Inc. Quidel Corp. Regulus Therapeutics Inc. Ryland Group Inc. Sangamo BioSciences Inc. ShoreTel Inc. SJW Corp. SolarCity Corp.

MEET SCR-62

134 145 145 145 145 145 145 145 145 145 145 155 155 155 155 155 160 160 160 160 160 160 160 160 160 169 170 170 170 170 170 170 170 170 170 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 179 199 199 199 199 199 199 199 199 199 199 199 199 199 199 199 199 199

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

(continued)

$5,028 $339 $7,737 $67,122 $834 $4,647 $2,894 $533 $1,689 $20,221 $271 $3,277 $4,258 $34,429 $71,888 $27,174 $22,883 $73,993 $513 $603 $858 $1,465 $282 $2,362 $436 $888 $594 $469 $668 $2,633 $255 $1,385 $890 $1,007 $511 $456 $316 $522 $444 $2,839 $339 $2,414 $1,952 $251 $339 $415 $826 $959 $4,637 $453 $373 $1,801 $308 $1,000 $4,070 $2,556 $308 $2,234 $318 $1,587 $442 $1,051 $1,365 $3,404 $366 $861 $354 $1,849 $420 $237 $525 $3,011

No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No

9 6 11 11 11 11 11 5 11 12 5 12 12 11 10 12 13 13 6 6 4 6 7 6 5 14 5 5 6 6 6 5 7 5 7 6 7 7 6 7 6 8 6 8 7 6 8 6 6 7 6 7 8 6 7 9 7 7 7 7 8 7 7 7 7 7 9 7 7 7 8 9

1 0 2 1 0 2 2 1 1 2 0 1 2 2 1 2 2 2 1 0 0 1 1 1 0 1 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 1 0 1 1 1 0 0 1 1 1 1 1 1 0 1 1

6 2 5 5 5 5 5 3 5 4 3 5 5 6 7 5 5 5 3 3 5 3 2 3 4 5 5 5 4 4 4 5 3 5 3 5 4 4 5 4 5 3 5 3 4 5 3 5 5 4 5 4 3 5 4 3 5 5 5 5 4 5 5 5 5 5 3 5 5 5 4 3

1 1 0 1 2 0 0 0 1 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 0 0 1 0 1 0 1 1 1 1 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0

15 8 16 16 16 16 16 8 16 16 8 17 17 17 17 17 18 18 9 9 9 9 9 9 9 19 10 10 10 10 10 10 10 10 10 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12

2 1 2 2 2 2 2 1 2 2 1 2 2 2 2 2 2 2 1 1 1 1 1 1 1 2 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

13.3% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 12.5% 11.8% 11.8% 11.8% 11.8% 11.8% 11.1% 11.1% 11.1% 11.1% 11.1% 11.1% 11.1% 11.1% 11.1% 10.5% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 10.0% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 9.1% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3%

31

2013 UC Davis Census


R anking s Appendix A

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

2013 UC Davis Census

INDUSTRY Semiconductors Pharmaceuticals Technology Software Technology Hardware Technology Software Technology Hardware Health Care Real Estate Health Care Semiconductors Energy, Materials & Industrials Technology Hardware Technology Software Technology Software Financial Services Technology Hardware Health Care Technology Software Energy, Materials & Industrials Financial Services Technology Software Pharmaceuticals Technology Software Pharmaceuticals Health Care Technology Hardware Technology Hardware Consumer Goods Energy, Materials & Industrials Technology Software Real Estate Health Care Technology Hardware Technology Software Consumer Goods Consumer Goods Semiconductors Pharmaceuticals Pharmaceuticals Pharmaceuticals Consumer Goods Technology Software Technology Hardware Technology Software Technology Software Technology Software Technology Hardware Health Care Financial Services Pharmaceuticals Technology Software Pharmaceuticals Semiconductors Technology Hardware Technology Software Pharmaceuticals Real Estate Health Care Technology Software Technology Software Consumer Goods Pharmaceuticals Real Estate Pharmaceuticals Energy, Materials & Industrials Pharmaceuticals Semiconductors Technology Hardware Real Estate Energy, Materials & Industrials Semiconductors Consumer Goods

TOTAL DIRECTORS

Spansion Inc. Sunesis Pharmaceuticals Inc. TiVo Inc. Ubiquiti Networks Inc. United Online Inc. ViaSat Inc. Vocera Communications Inc. Alexandria Real Estate Equities Inc. Align Technology Inc. Altera Corp. American Vanguard Corp. Apple Inc. Blackhawk Network Holdings Inc. Cadence Design Systems Inc. CapitalSource Inc. DTS Inc. Edwards Lifesciences Corp. Equinix Inc. GenCorp Inc. Green Dot Corp. Imperva Inc. InterMune Inc. LinkedIn Corp. Neurocrine Biosciences Inc. NuVasive Inc. Riverbed Technology Inc. Sanmina-SCI Corp. Shutterfly Inc. Solazyme Inc. Splunk Inc. Sunstone Hotel Investors Inc. Thoratec Corp. Trimble Navigation Ltd. Verifone Systems Inc. WD-40 Co. William Lyon Homes Xilinx Inc. Agilent Technologies Inc. Biomarin Pharmaceutical Inc. Cepheid Inc. Core Mark Holding Co. Inc. Demand Media Inc. Dolby Laboratories Inc. Electronic Arts Inc. Ellie Mae Inc. iGATE Corp. Infinera Corp. Intuitive Surgical Inc. Mercury General Corp. Nektar Therapeutics Salesforce.com Inc. Sequenom Inc. SunPower Corp. Synaptics Inc. Synopsys Inc. Theravance Inc. Thomas Properties Group Volcano Corp. Yelp Inc. Zynga Inc. BJ’s Restaurants Inc. Cadence Pharmaceuticals Inc. Essex Property Trust Inc. Illumina Inc. Jacobs Engineering Group Inc. Life Technologies Corp. Semtech Corp. SYNNEX Corp. Tejon Ranch Co. Tutor Perini Corp. Applied Materials Inc. Live Nation Entertainment Inc.

MEET SCR-62

199 199 199 199 199 199 199 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 223 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 253 276 276 276 276 276 276 276 276 276 276 286 286

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

(continued)

$733 $268 $1,399 $1,528 $701 $3,218 $360 $4,629 $3,021 $10,561 $671 $372,202 $267 $4,098 $1,839 $376 $7,591 $9,117 $984 $643 $1,104 $785 $16,326 $893 $1,096 $2,543 $1,188 $2,123 $725 $4,813 $1,967 $1,795 $6,648 $1,824 $843 $680 $10,452 $14,730 $7,748 $2,310 $728 $522 $1,559 $7,037 $607 $950 $1,236 $20,327 $2,415 $1,334 $22,524 $485 $2,503 $1,253 $5,497 $3,832 $245 $989 $1,082 $1,690 $1,045 $585 $6,039 $9,309 $7,211 $12,750 $2,364 $1,577 $574 $861 $17,928 $3,019

No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No

7 9 7 7 7 7 9 7 8 8 8 8 8 8 8 8 8 8 8 8 8 8 7 8 8 8 8 8 8 8 8 9 8 8 8 8 8 9 9 9 9 9 9 8 9 9 9 9 9 9 9 9 9 8 9 9 8 9 9 9 10 10 10 9 10 10 10 10 9 10 11 10

0 1 1 0 1 0 1 1 0 1 1 1 0 1 1 1 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 1 1 0 1 0 1 1 1 1 1 1 0 1 1 0 1 1 1 1 0 1 1 1 1 1 1 0 1 1 0

5 3 5 5 5 5 3 6 5 5 5 5 5 5 5 5 5 5 5 5 5 5 6 5 5 5 5 5 5 5 5 4 5 5 5 5 5 5 5 5 5 5 5 6 5 5 5 5 5 5 5 5 5 6 5 5 6 5 5 5 5 5 5 6 5 5 5 5 6 5 5 6

1 0 0 1 0 1 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1

12 12 12 12 12 12 12 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 14 15 15 15 15 15 15 15 15 15 15 16 16

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 8.3% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% 6.7% 6.7% 6.7% 6.7% 6.7% 6.7% 6.7% 6.7% 6.7% 6.7% 6.3% 6.3%

32


R an k i n g s

Appendix A

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

INDUSTRY Energy, Materials & Industrials Financial Services Consumer Goods Technology Hardware Technology Hardware Consumer Goods Health Care Energy, Materials & Industrials Technology Software Technology Software Technology Software Energy, Materials & Industrials Semiconductors Real Estate Real Estate Semiconductors Technology Hardware Pharmaceuticals Semiconductors Technology Hardware Energy, Materials & Industrials Technology Hardware Consumer Goods Semiconductors Semiconductors Financial Services Energy, Materials & Industrials Semiconductors Real Estate Technology Software Energy, Materials & Industrials Financial Services Technology Software Semiconductors Real Estate Technology Software Technology Software Technology Hardware Financial Services Health Care Energy, Materials & Industrials Consumer Goods Semiconductors Semiconductors Real Estate Technology Software Semiconductors Technology Hardware Semiconductors Real Estate Technology Hardware Semiconductors Semiconductors Semiconductors Semiconductors Technology Hardware Health Care Semiconductors Technology Software Real Estate Semiconductors Utilities & Telecommunications Consumer Goods Pharmaceuticals Consumer Goods Semiconductors Pharmaceuticals Technology Software Health Care Semiconductors Energy, Materials & Industrials Semiconductors

TOTAL DIRECTORS

URS Corp. First American Financial Corp. Lions Gate Entertainment Corp. NetApp Inc. Western Digital Corp. Calavo Growers Inc. Abaxis Inc. Acacia Research Corp. ACTIVE Network Inc. Activision Blizzard Inc. Actuate Corp. Air Lease Corp. Ambarella Inc. American Assets Trust Inc. Anworth Mortgage Asset Corp. Applied Micro Circuits Corp. Aruba Networks Inc. Astex Pharmaceuticals Inc. Atmel Corp. Audience Inc. BreitBurn Energy Partners LP Calix Inc. Callaway Golf Co. Cavium Inc. Ceva Inc. City National Corp. Clean Energy Fuels Corp. Cohu Inc. Colony Financial Inc. Cornerstone OnDemand Inc. Cubic Corp. CVB Financial Corp. Cyan Inc. Cypress Semiconductor Corp. Douglas Emmett Inc. E2open Inc. eGain Corp. Electronics for Imaging Inc. Encore Capital Group Inc. Endologix Inc. Enphase Energy Inc. Entravision Communications Entropic Communications Inc. Exar Corp. Excel Trust Inc. Fair Isaac Corp. Fairchild Semiconductor International Inc. Finisar Corp. FormFactor Inc. Hudson Pacific Properties Inc. Immersion Corp. Inphi Corp. Integrated Device Technology Inc. Integrated Silicon Solution Inc. Intermolecular Inc. InvenSense Inc. IPC The Hospitalist Co. Inc. IXYS Corp. Jive Software Inc. Kilroy Realty Corp. KLA-Tencor Corp. Leap Wireless International Inc. LeapFrog Enterprises Inc. Ligand Pharmaceuticals Inc. Limoneira Co. Linear Technology Corp. MannKind Corp. Marin Software Inc. Masimo Corp. Maxim Integrated Products Inc. McGrath RentCorp Micrel Inc.

MEET SCR-62

286 289 289 289 289 293 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

(continued)

$3,584 $2,384 $3,743 $13,643 $14,677 $400 $1,059 $1,100 $467 $15,936 $314 $2,744 $459 $1,225 $811 $618 $1,754 $389 $3,146 $278 $1,819 $495 $468 $1,816 $429 $3,431 $1,168 $309 $1,285 $2,210 $1,286 $1,234 $465 $1,578 $3,557 $445 $241 $1,313 $828 $834 $322 $339 $382 $506 $613 $1,644 $1,756 $1,590 $364 $1,207 $370 $321 $1,171 $308 $325 $1,310 $861 $342 $1,211 $4,000 $9,245 $532 $627 $757 $276 $8,593 $1,892 $319 $1,196 $8,086 $861 $577

No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No

10 12 12 12 12 13 6 6 6 11 7 9 6 6 6 7 8 9 7 7 6 9 9 6 8 11 8 6 5 7 6 8 7 8 8 8 5 6 8 6 8 6 7 7 7 8 9 6 6 9 5 6 9 9 7 6 8 7 9 5 11 9 8 8 11 7 7 5 6 7 7 6

1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

6 5 5 5 5 5 5 6 5 6 5 5 3 5 2 5 4 5 5 3 5 5 5 5 3 5 5 5 5 5 4 5 3 5 5 3 5 2 3 5 3 4 5 5 5 5 5 6 3 5 3 5 5 5 5 4 5 2 5 5 5 7 5 5 3 5 5 3 5 5 5 5

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

16 17 17 17 17 18 11 12 11 17 12 14 9 11 8 12 12 14 12 10 11 14 14 11 11 16 13 11 10 12 10 13 10 13 13 11 10 8 11 11 11 10 12 12 12 13 14 12 9 14 8 11 14 14 12 10 13 9 14 10 16 16 13 13 14 12 12 8 11 12 12 11

1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

6.3% 5.9% 5.9% 5.9% 5.9% 5.6% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

33

2013 UC Davis Census


Ranking s Appendix A

NUMBER OF WOMEN DIRECTORS

TOTAL HIGHEST-PAID EXECUTIVES

NUMBER OF HIGHEST-PAID WOMEN EXECUTIVES

TOTAL DIRECTORS & HIGHESTPAID EXECUTIVES

TOTAL WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

2013 UC Davis Census

INDUSTRY Semiconductors Consumer Goods Semiconductors Technology Hardware Energy, Materials & Industrials Technology Software Technology Hardware Technology Hardware Technology Software Semiconductors Semiconductors Semiconductors Semiconductors Pharmaceuticals Pharmaceuticals Consumer Goods Consumer Goods Energy, Materials & Industrials Health Care Technology Software Pharmaceuticals Energy, Materials & Industrials Technology Software Semiconductors Consumer Goods Technology Software Semiconductors Real Estate Consumer Goods Energy, Materials & Industrials Pharmaceuticals Consumer Goods Technology Hardware Semiconductors Consumer Goods Technology Software Health Care Semiconductors Energy, Materials & Industrials Real Estate Pharmaceuticals

TOTAL DIRECTORS

Microsemi Corp. Monster Beverage Corp. NeoPhotonics Corp. Newport Corp. On Assignment Inc. OpenTable Inc. OSI Systems Inc. Palo Alto Networks Inc. Pandora Media Inc. PDF Solutions Inc. Peregrine Semiconductor Corp. PMC-Sierra Inc. Power Integrations Inc. Puma Biotechnology Inc. Questcor Pharmaceuticals Inc. Quiksilver Inc. ReachLocal Inc. Rentech Inc. Resmed Inc. Responsys Inc. Rigel Pharmaceuticals Inc. RPX Corp. ServiceNow Inc. Silicon Image Inc. Skechers U.S.A. Inc. Stamps.com Inc. Supertex Inc. Terreno Realty Corp. Tesla Motors Inc. Tetra Tech Inc. Threshold Pharmaceuticals TRI Pointe Homes Inc. TTM Technologies Inc. Ultratech Inc. Universal Electronics Inc. ValueClick Inc. VCA Antech Inc. Volterra Semiconductor Corp. Wesco Aircraft Holdings Inc. Western Asset Mortgage Capital Corp. XOMA Corp.

MEET SCR-62

400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400

MARKET CAPITALIZATION (M)

RANK COMPANY NAME

(continued)

$2,114 $10,096 $266 $540 $1,424 $1,457 $1,284 $2,999 $3,216 $544 $349 $1,297 $1,176 $1,272 $2,706 $1,079 $348 $474 $6,429 $706 $291 $866 $5,424 $452 $944 $609 $276 $356 $12,728 $1,526 $297 $524 $694 $1,019 $422 $1,883 $2,310 $353 $1,742 $424 $301

No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No No

8 7 8 7 7 7 6 8 7 6 9 8 7 3 6 8 7 9 7 6 8 9 8 6 9 4 5 6 7 7 7 7 10 7 7 6 5 8 9 5 9

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

5 4 5 5 6 5 5 5 4 4 3 5 5 3 5 6 6 5 5 5 5 5 5 5 5 5 5 2 5 5 5 3 5 2 5 6 5 5 5 1 5

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

13 11 13 12 13 12 11 13 11 10 12 13 12 6 11 14 13 14 12 11 13 14 13 11 14 9 10 8 12 12 12 10 15 9 12 12 10 13 14 6 14

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

34


Appendix B: Who’s Who of Women Directors and Executives of California’s 400 Largest Public Companies (listed alphabetically)

COMPANY

NAME

POSITION

CURRENT TITLE

8x8 Inc. Abaxis Inc. Acacia Research Corp.

Debbie Jo Severin

Executive

Chief Marketing Officer

Laura Brege Mary Ann Gray Mollie Hunter Elizabeth Dávila Kelly Londy Pamela P. Palmer

Director Director Executive Director Executive Exec. Director

CEO and President of Nodality Inc. President of Gray Strategic Advisors LLC SVP, Global Sales & Services Former Chairman and CEO of VISX Inc. SVP, Chief Commercial Officer Chief Medical Officer

Amy L. Banse Laura B. Desmond H. Paulett Eberhart Lisa Su Christine S. Manfredi Stephanie G. DiMarco Linda Griego Jane A. Chmielinski Cathleen Cline Jami Dover Nachtsheim Heidi Fields

Director Director Director Executive Director Director Director Executive Executive Director Director

SVP, Comcast Corp. Global CEO, Starcom MediaVest Group President and CEO, CDI Corp. SVP, GM, Global Business Units Former SVP, Wellington Management Company, LLP Founder and Former CEO President and CEO of Griego Enterprises Inc. COO SVP Administration Former Director of Worldwide Marketing, Intel Corp. Former EVP and CFO, Blue Shield of California

Maria C. Freire Jennifer M. Erfurth Dawn Hudson Deborah Dunsire Elisha W. Finney

Director Executive Director Director Director

President and Executive Director, NIH Foundation Vice President, Global Human Resources Former President and CEO of Pepsi-Cola North America President and CEO of Millennium Pharmaceuticals Inc. EVP, Finance and CFO of Varian Medical Systems Inc.

Anne M. Holloway Diana M. Bontá Janice F. Wilkins Sarah J. Anderson Denise L. Kruger Eva G. Tang Debra F. Edwards Judith C. Pelham Rebecca M. Henderson Martha H. Marsh Susan R. Salka Denise L. Jackson Bettina M. Whyte Billie Ida Williamson Julie D. Klapstein Molly F. Ashby Amanda K. Martinez Kelly J. Kennedy

Director Director Director Director Executive Executive Director Director Director Director Exec. Director Executive Director Director Director Director Executive Executive

Former Partner of Navigant Consulting Inc. President and CEO of the California Wellness Foundation Former Vice President of Finance, Intel Corp. Former Partner, Ernst & Young, LLP SVP, Regulated Utilities of Golden State Water Company SVP-Finance, CFO, Corporate Secretary and Treasurer Independent Consultant President Emeritus, Trinity Health John and Natty McArthur Professor, Harvard University Former President and CEO, Stanford Hospital and Clinics President and CEO SVP, General Counsel & Secretary Managing Director, Alvarez & Marsal Holdings LLC Partner, Ernst & Young’s Americas Founding Member, Availity LLC Owner, Chairman, and CEO of Solera Capital LLC EVP, Operations and Administration CFO

Andrea Jung Susan M. James

Director Director

Former CEO, Avon Former Audit Partner, Ernst & Young

Laura J. Neumann Christine A. White Tina S. Nova

Executive Director Director

CFO Former SVP, Global Medical Affairs President and Co-Founder, Genoptix Inc.

ACADIA Pharmaceuticals Inc. Accelrys Inc. Accuray Inc. AcelRx Pharmaceuticals Inc. ACTIVE Network Inc. Activision Blizzard Inc. Actuate Corp. Adobe Systems Inc. Advanced Micro Devices Inc. Advent Software Inc. AECOM Technology Corp. AeroVironment Inc. Affymetrix Inc. Agilent Technologies Inc. Air Lease Corp. Alexandria Real Estate Equities Inc. Align Technology Inc. Allergan Inc. Altera Corp. Ambarella Inc. American Assets Trust Inc.

American States Water Co.

American Vanguard Corp. Amgen Inc. AMN Healthcare Services Inc.

Annie’s Inc.

Anworth Mortgage Asset Corp. Apple Inc. Applied Materials Inc. Applied Micro Circuits Corp. Arden Group Inc. Arena Pharmaceuticals Inc. Aruba Networks Inc. Astex Pharmaceuticals Inc. Atmel Corp. Audience Inc. Autodesk Inc. Avanir Pharmaceuticals Inc. Avery Dennison Corp.

bebe stores Inc.

Big 5 Sporting Goods Corp. Biomarin Pharmaceutical Inc. BioMed Realty Trust Inc. Bio-Rad Laboratories Inc. BJ’s Restaurants Inc. Blackhawk Network Holdings Inc. BRE Properties Inc.

Lorrie Norrington Mary T. McDowell Jan Becker Christine G. Ocampo Julia A. Stewart Martha N. Sullivan Barbara Bass Cynthia Cohen Emilia Fabricant Susan Powers Jennifer H. Dunbar Sandra N. Bane Elaine J. Heron Barbara R. Cambon M. Faye Wilson Alice N. Schwartz Deborah J. Neff Christine A. Tsingos Lea Anne S. Ottinger Talbott Roche Jeanne R. Myerson Paula F. Downey Constance B. Moore

Director Director Executive Executive Director Director Director Director Executive Executive Director Director Director Director Director Director Director Executive Director Executive Director Director Exec. Director

Former President, eBay Marketplace Former EVP, Nokia’s Mobile Phones SVP, Human Resources and Corporate Real Estate Vice President, Finance Chairman and CEO, IHOP President and CEO, Sensata Technologies President and CEO, Gerson Bakar Foundation Founder and President, Strategic Mindshare Former President SVP, Stores Co-Founder and Managing Director, Dunbar Partners LLC Former Audit Partner, KPMG LLP Chair and Former CEO, Amplyx Pharmaceuticals Inc. Real Estate Advisor and Independent Consultant Former Senior Officer, Home Depot Inc. Former Research Associate, University of California Former President and CEO, Pathwork Diagnostics EVP Managing Partner, LMR Advisors President Former President and CEO, the Swig Company Division President and CEO, AAA President and CEO

BreitBurn Energy Partners LP Bridgepoint Education Inc. Broadcom Corp. Brocade Communications Systems Inc. Cadence Design Systems Inc. Cadence Pharmaceuticals Inc. CAI International Inc. CalAmp Corp.

Marye Anne Fox Diane L. Thompson Maria M. Klawe Nancy H. Handel Judy Bruner Susan L. Bostrom Hazel M. Aker Camille Cutino Kimberly Alexy

Director Executive Director Director Director Director Executive Executive Director

Distinguished Professor of Chemistry, UC San Diego SVP, Secretary and General Counsel President of Harvey Mudd College Former SVP and CEO, Applied Materials Inc. EVP, Administration and CFO, SanDisk Corporation Former EVP and Chief Marketing Officer, Cisco Systems Inc. SVP, General Counsel and Secretary Vice President, Operations and Human Resources Principal of Alexy Capital Management

35

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

156 400 400

170 400 400

10.0% 0.0% 0.0% 15.4%

-

96

400

170

10.0%

112

82

16.7%

204 400 400

96 400 400 400

15.4% 0.0% 0.0% 0.0%

400

160

11.1%

261

134

13.3%

5

96

15.4%

141

155

11.8%

183 224 224 400 164 400

179 179 253 400 223 223

9.1% 9.1% 7.1% 0.0% 7.7% 7.7%

131

118

14.3%

91 400

223 400 400

7.7% 0.0% 0.0%

3

5

42.9%

204

223

7.7%

154

160

11.1%

5

9

33.3%

-

1

54.5%

68 224 250 400 112

400 223 286 400 145

0.0% 7.7% 6.3% 0.0% 12.5%

112

118

14.3%

400 400 400 -

400 400 400 400

0.0% 0.0% 0.0% 0.0%

112

65

18.8%

164

170

10.0%

250

155

11.8%

2

6

40.0%

16.7%

68

82

224

253

7.1%

68

96

15.4%

21

14

30.0%

112 -

276 223

6.7% 7.7% 26.7%

18

19

400

400

0.0%

30

96

15.4%

112

118

14.3%

156 156 250 112 -

199 223 276 179 160

8.3% 7.7% 6.7% 9.1% 11.1%

2013 UC Davis Census


Who’s Who Appendix B

(continued)

COMPANY

NAME

POSITION

CURRENT TITLE

Calavo Growers Inc.

Dorcas H. Thille (McFarlane) Bonnie G. Hill Linda R. Meier

Director Director Director

Owner and Operator, J.K. Thille Ranches President, B. Hill Enterprises LLC Former Trustee, Stanford University

California Water Service Group Calix Inc. Callaway Golf Co. Callidus Software Inc. CapitalSource Inc. Capstone Turbine Corp. CareFusion Corp.

Michele Vion V. Holly Albert Sara Grootwassink Lewis Holly A. Van Deursen Jayme L. Brooks Jacqueline B. Kosecoff Joan Stafslien

Director Executive Director Director Executive Director Executive

Vice President of Human Resources, Bill Barrett Corporation Former SVP, General Counsel, Secretary CEO, Lewis Corporate Advisors LLC Former Group Vice President, BP/Amoco Vice President of Finance & Chief Accounting Officer Managing Partner, Moriah Partners LLC EVP, General Counsel, Chief Compliance Officer and Secretary

Cavium Inc. CBRE Group Inc. Cepheid Inc. Cerus Corp. Ceva Inc. Cheesecake Factory Inc. ChemoCentryx Inc. Chevron Corp.

Cisco Systems Inc.

Jane J. Su Laura D. Tyson Cristina H. Kepner Gail Schulze

Director Director Director Director

Manager, Blum Capital Partners Professor, Haas School of Business, UC Berkeley Former EVP and Corporate Finance Director, Invemed Former CEO and Chairman, Zosano Pharma

Debby R. Zurzolo Susan M. Kanaya Alice P. Gast Linnet F. Deily Patricia Yarrington Carol A. Bartz Kristina M. Johnson M. Michele Burns

Executive Executive Director Director Executive Director Director Director

EVP, General Counsel and Secretary SVP, Finance President of Lehigh University Former Deputy U.S. Trade Representative Vice President Former CEO and President, Yahoo! Inc. President and CEO, Enduring Hydro LLC Executive Director and CEO, Retirement Policy Center

City National Corp. Clean Energy Fuels Corp. Clorox Co. Coherent Inc.

Carolyn M. Ticknor Pamela Thomas-Graham Laura Stein Susan M. James Helene Simonet

Director Director Executive Director Executive

Former Group President, Hewlett-Packard Chief Talent, Branding, and Communications Officer, Credit Suisse SVP – General Counsel Former Audit Partner, Ernst & Young EVP

Cohu Inc. Colony Financial Inc. Cooper Companies Inc. Core Mark Holding Co. Inc. CoreLogic Inc.

Jody S. Lindell Carol R. Kaufman Stacy Loretz-Congdon Jaynie Miller Studenmund Mary Lee Widener

Director Executive Executive Director Director

President and CEO, S.G. Management Inc. EVP, Secretary & Chief Administrative Officer Senior VP Former COO, Overture Services Inc. Former CEO, Neighborhood Housing Services of America Inc.

Jean H. Macino Diane J. Blaha Deanne R. Stedem Annie Howell

Director Executive Director Executive

Former Office Head, Marsh Inc. SVP, Sales and Account Management Associate General Counsel, Hallmark Cards EVP, Communications and Media Relations

Cornerstone OnDemand Inc. CorVel Corp. Crown Media Holdings Inc. Cubic Corp. CVB Financial Corp. Cyan Inc. Cypress Semiconductor Corp. Cytokinetics Inc.

Deckers Outdoor Corp. Demand Media Inc. DepoMed Inc. DexCom Inc. Diamond Foods Inc. Digital Realty Trust Inc. DineEquity Inc. DIRECTV Dolby Laboratories Inc. Dole Food Co. Inc.

B. Lynne Parshall Denise M. Gilbert Sharon A. Barbari Karyn O. Barsa Lauri Shanahan Maureen Conners Constance X. Rishwain Joanne K. Bradford Karen A. Dawes Barbara Kahn Alison Davis Linda B. Segre Kathleen Earley Ruann F. Ernst Caroline W. Nahas Julia A. Stewart Lorrie Norrington Nancy Newcomb Micheline Chau Elaine L. Chao Sherry Lansing

Director Director Executive Director Director Director Executive Executive Director Director Director Executive Director Director Director Exec. Director Director Director Director Director Director

COO, Isis Pharmaceuticals Inc. Former CEO, Entigen Corporation EVP, Finance CEO, Coyuchi Inc. Principal, Maroon Peak Advisors President, Conners Consulting President of the UGG Brand Chief Revenue and Marketing Officer President, Knowledgeable Decisions LLC Professor of Marketing, Wharton CEO, Fifth Era Financial LLC SVP, Corporate Strategy Former President and COO, TriZetto Group Inc. Former CEO, Digital Island Inc. Managing Director, Korn/Ferry International Chairman and CEO Former President and CEO, eBay Marketplaces Former Senior Corporate Officer, Risk Management, Citigroup Former President and COO, Lucasfilm Ltd. Former U.S. Secretary of Labor Founder and CEO, Sherry Lansing Foundation

Mellody Hobson Ann Daly Anne Globe V. Sue Molina

Director Executive Executive Director

President, Ariel Investments LLC COO Chief Marketing Officer Tax Partner, Deloitte & Touche, LLP

Kathleen C. Mitic Elizabeth L. Axelrod France A. Córdova Vanessa C.L. Chang Barbara J. McNeil

Director Executive Director Director Director

Founder and CEO, Three Koi Labs SVP, Human Resources Former President, Purdue University Former CEO and President, ResolveItNow.com Professor of Health Care Policy, Harvard Medical School

Ellen O. Tauscher Denise F. Warren

Director Director

Former Special Envoy, U.S. State Department EVP of Digital Products and Services, New York Times

Elisa Lee Beatriz V. Infante Margaret A. Evashenk

Executive Director Executive

EVP, General Counsel and Secretary CEO, Business Excelleration LLC SVP, Chief Development Executive

Douglas Emmett Inc. DreamWorks Animation Inc. DTS Inc. E2open Inc. eBay Inc. Edison International Edwards Lifesciences Corp. eGain Corp. eHealth Inc. Electronic Arts Inc. Electronics for Imaging Inc. Ellie Mae Inc. Emulex Corp. Encore Capital Group Inc. Endologix Inc. Enphase Energy Inc. Ensign Group Inc.

2013 UC Davis Census

Antoinette T. Hubenette Beverly B. Wittekind Suzanne D. Snapper

Director Executive Executive

Practicing Physician, Cedars-Sinai Medical Group Vice President and General Counsel CFO

36

2012 COMPANY RANK

2013 COMPANY RANK

268

293

5.6%

91

96

15.4%

400 400

400 400

0.0% 0.0% 18.2%

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

68

72

204

223

7.7%

112

118

14.3%

141

118

14.3%

400

400

0.0%

131

145

12.5%

271 400 183 -

253 199 400 199 160

7.1% 8.3% 0.0% 8.3% 11.1%

141

65

18.8%

68

82

16.7%

400 400

400 400

0.0% 0.0%

55

45

21.4%

68

82

16.7%

400 400

400 400

0.0% 0.0% 13.3%

91

134

204

253

7.1%

152

134

13.3%

400

400

0.0%

59

53

20.0%

154

169

10.5%

400 400 400

400 400 400 400

0.0% 0.0% 0.0% 0.0%

-

36

23.1%

12

16

28.6%

224 91 204

253 199 199

7.1% 8.3% 8.3%

-

134

13.3%

59

96

15.4%

21

65

18.8%

68

155

11.8%

400

253

7.1%

59

96

15.4%

250

400

0.0%

38

36

23.1%

164 -

223 400

7.7% 0.0%

148

145

12.5%

148

134

13.3%

204 400 250 400 -

223 400 199 253 400 253

7.7% 0.0% 8.3% 7.1% 0.0% 7.1%

400

118

14.3%

400 400 -

400 400 400

0.0% 0.0% 0.0%

21

22

25.0%


W h o ’s W h o Appendix B

COMPANY

NAME

POSITION

CURRENT TITLE

Entravision Communications Entropic Communications Inc. Equinix Inc. Essex Property Trust Inc. Exar Corp. Excel Trust Inc.

Sara Baack Janice L. Sears

Executive Director

Chief Marketing Officer Former Regional Managing Director, Bank of America Securities

Gisela M. Schwab Pamela A. Simonton Mary B. Cranston Elizabeth L. Anderson Diane Honda Mimi Gigoux Susan D. Desmond-Hellmann Sheryl K. Sandberg

Executive Executive Director Executive Executive Executive Director Exec. Director

EVP and Chief Medical Officer EVP and General Counsel Former Senior Partner, Pillsbury Winthrop Shaw Pittman, LLP Group Vice President Former Vice President, General Counsel and Secretary Former EVP, Human Resources Professor, UC San Francisco COO

E. Olena Berg-Lacy Heidi K. Fields June L. Bower

Director Director Executive

Former Partner, Fiduciary Benchmarks Inc. Former EVP and SFO, Blue Shield of California Former EVP, Marketing

Exelixis Inc. Exponent Inc. Extreme Networks Inc. Facebook Inc. Fair Isaac Corp. Fairchild Semiconductor International Inc. Financial Engines Inc. Finisar Corp. First American Financial Corp. Fluidigm Corp. FormFactor Inc. Fortinet Inc. Franklin Resources Inc.

Gap Inc. GenCorp Inc. GenMark Diagnostics Inc. Genomic Health Inc.

Gilead Sciences Inc.

Google Inc. Granite Construction Inc. Green Dot Corp. Guess? Inc. Guidance Software Inc. Guidewire Software Inc. Halozyme Therapeutics Inc.

Harmonic Inc. HCP Inc.

Health Net Inc.

Herbalife Ltd. Hercules Technology Growth Capital Inc. Hewlett-Packard Co. HomeFed Corp. Hudson Pacific Properties Inc. Hyperion Therapeutics Inc. ICU Medical Inc. iGATE Corp. Illumina Inc. Immersion Corp. Impax Laboratories Inc. Imperva Inc. Infinera Corp. Infoblox Inc. Informatica Corp. Ingram Micro Inc.

Virginia M. Ueberroth Mai Chan (Grace) Yow

Director Executive

Chairman, Ueberroth Family Foundation EVP, Worldwide Manufacturing

Nancy Bush Anne M. Tatlock Laura Stein Jennifer M. Johnson Isabella D. Goren Katherine Tsang Sabrina Simmons Kathleen E. Redd Jennifer Williams Ginger L. Graham Kimberly J. Popovits Kathy L. Hibbs Carla A. Hills Gayle E. Wilson Robin L. Washington Ann Mather Diane B. Greene Shirley M. Tilghman Rebecca A. McDonald Laurel J. Krzeminski Virginia L. Hanna Kay Isaacson-Leibowitz Kathleen O’Neil Amanda Berger Karen Blasing Connie L. Matsui Kathryn E. Falberg Jean I. Liu Mitzi Reaugh Susan G. Swenson Carolyn V. Aver Christine N. Garvey Lauralee E. Martin Gale S. Fitzgerald Mary Anne Citrino Vicki B. Escarra Juanell Hefner Carole Black Colombe M. Nicholas Jessica Baron Ann M. Livermore Patricia F. Russo Margaret C. Whitman Catherine A. Lesjak Erin N. Ruhe

Executive Director Director Executive Director Director Executive Executive Executive Director Exec. Director Executive Director Director Executive Director Director Director Director Executive Director Director Director Executive Executive Director Director Executive Director Director Executive Director Director Director Director Director Executive Director Director Executive Director Director Exec. Director Executive Executive

Vice President and Interim CFO Former Chairman and CEO, Fiduciary Trust Company International Former SVP, General Counsel, Clorox EVP CFO, AMR Corporation and American Airlines Inc. Former CEO, China of Standard Chartered Bank EVP Vice President, CFO and Assistant Secretary SVP, Global Operations & Human Resources President and CEO, Two Trees Consulting President and CEO SVP, General Counsel and Secretary Chair and CEO, Hills & Company Former First Lady of California SVP Former EVP and CFO, Pixar Former President and CEO, VMware Inc. President, Princeton University Former CEO, Laurus Energy Inc Vice President President and CEO, Hanna Capital Management Inc. Former EVP, Beauty Niches President and CEO, Liberty Street Advisors LLC Vice President, Professional Services CFO Former EVP, Knowledge and Innovation Networks, Biogen Idec EVP and CFO, Jazz Pharmaceuticals Inc. Vice President, General Counsel and Secretary SVP, Miramax Former President and CEO, Sage Software-North America CFO Former Global Head, Corporate Real Estate, Deutsche Bank CEO, Americas, Jones Lang LaSalle Inc. Former Chair and CEO, Computer Task Group Inc. Senior Managing Director, the Blackstone Group CEO, Opportunity International SVP, Customer and Technology Services Former President and CEO, Lifetime Entertainment Services Consultant, Financo Global Consulting CFO Former EVP, HP Enterprise Business Former CEO of Alcatel-Lucent President and CEO EVP Vice President, Treasurer and Controller

Lota S. Zoth Christine A. Nash Klara A. Dickinson Alison D. Burcar Naomi O. Seligman Karin Eastham

Director Executive Executive Executive Director Director

Former SVP and CFO of MedImmune Inc. SVP and Chief Commercial Officer SVP, Regulatory Affairs and Compliance Vice President of Product Development Senior Partner, Ostriker von Simson Former EVP and COO, Burnham Institute for Medical Research

Carole S. Ben-Maimon Theresia Gouw Ita M. Brennan Laura C. Conigliaro Amy Chang Marge Breya Leslie Stone Heisz Linda Fayne Levinson

Executive Director Executive Director Director Executive Director Director

President, Global Pharmaceuticals Division General Partner, Accel Partners CFO Former Partner, Goldman Sachs Group Inc. Former Global Head, Product and Ads Measurement, Google EVP and Chief Marketing Officer Former Managing Director, Lazard Freres & Co. Former Partner, GRP Partners

Inphi Corp. Integrated Device Technology Inc. Integrated Silicon Solution Inc. Intel Corp. Intermolecular Inc. InterMune Inc. International Rectifier Corp.

Charlene Barshefsky Susan L. Decker Renee J. James Robin J. Steele Barbara L. Rambo Mary B. Cranston

Director Director Executive Executive Director Director

Senior International Partner, WilmerHale Principal, Deck3 Ventures LLC EVP and GM, Software and Services Group SVP, General Counsel and Corporate Secretary CEO, Taconic Management Services Former Senior Partner, Pillsbury Winthrop Shaw Pittman LLP

37

(continued)

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

400 400 224 400 400

400 400 223 276 400 400

0.0% 0.0% 7.7% 6.7% 0.0% 0.0%

131

145

12.5%

183

72

18.2%

224

118

14.3%

-

36

23.1%

250

400 400

0.0% 0.0%

112

45

21.4%

400 400 400 400

400 289 179 400 179

0.0% 5.9% 9.1% 0.0% 9.1%

55

65

18.8%

45

53

20.0%

204 -

223 179

7.7% 9.1%

38

12

30.8%

65

53

20.0%

55

65

18.8%

91

118

14.3%

183 59

223 170

7.7% 10.0%

164

82

16.7%

-

179

9.1%

30

36

23.1%

68

22

25.0%

55

96

15.4%

38

19

26.7%

12.5%

-

145

164

160

11.1%

10

11

31.3%

400

170 400

10.0% 0.0%

-

36

23.1%

164 183 91 164 -

199 253 276 400 199 223 253 160

8.3% 7.1% 6.7% 0.0% 8.3% 7.7% 7.1% 11.1%

400

118

14.3%

112

145

12.5%

400 400 400

400 400 400

0.0% 0.0% 0.0%

131

45

21.4%

183 224

400 223

0.0% 7.7%

131

134

13.3%

2013 UC Davis Census


Who’s Who Appendix B

COMPANY Intersil Corp. Intuit Inc. Intuitive Surgical Inc. InvenSense Inc. IPC The Hospitalist Co. Inc. Isis Pharmaceuticals Inc. Ixia IXYS Corp. j2 Global Inc. Jack in the Box Inc. Jacobs Engineering Group Inc. JAKKS Pacific Inc. Jamba Inc. JDS Uniphase Corp. Jive Software Inc. Juniper Networks Inc.

Kaiser Aluminum Corp. KB Home Kennedy-Wilson Holdings Inc. Keynote Systems Inc. Kilroy Realty Corp. KKR Financial Holdings LLC

(continued)

NAME

POSITION

CURRENT TITLE

Mercedes Johnson Susan J. Hardman Diane B. Greene Suzanne Nora Johnson Laura A. Fennell Amal M. Johnson

Director Executive Director Director Executive Director

Former SVP of Finance and CFO, Avago Technologies SVP, Analog and Mixed Signal Products Group Former President and CEO, VMware Inc. Former Vice Chairman, Goldman Sachs SVP, General Counsel and Corporate Secretary Executive Chairman, Author-IT Inc.

B. Lynne Parshall Gail Hamilton

Exec. Director Director

COO and Corporate Secretary Former EVP, Symantec Corp.

Kathleen M. Griggs Madeleine A. Kleiner Winifred M. Webb Linda A. Lang Linda Fayne Levinson Leigh Anne Brodsky Fritzi G. Woods Julie S. Washington Karen L. Luey Penelope Herscher

Executive Director Director Exec. Director Director Director Director Executive Executive Director

CFO Former EVP, General Counsel, Corporate Secretary, Hilton Hotels Managing Director, Tennenbaum Capital Partners LLC CEO Former Partner, GRP Partners Former President, Nickelodeon Consumer Products Inc. CEO and President, Women’s Foodservice Forum SVP, Chief Brand Officer EVP, Chief Financial & Administration Officer President and CEO, FirstRain

Mary B. Cranston Mercedes Johnson Gerri Elliott Robyn M. Denholm Carolyn Bartholomew Lauralee E. Martin Teresa A. Hopp Barbara T. Alexander Melissa Lora Cathy Hendrickson Mary Ricks Jennifer M. Johnson

Director Director Executive Executive Director Director Director Director Director Director Exec. Director Director

Former Senior Partner, Pillsbury Winthrop Shaw Pittman, LLP Former SVP and CFO, Avago Technologies Limited EVP, Chief Sales Officer EVP Commissioner of U.S.-China Economic Review Commission CEO, Americas, Jones Lang LaSalle Inc. CFO for Western Digital Corporation Independent Consultant Chief Financial and Development Officer of Taco Bell Corp. President and CEO, Bay Cities National Bank President and CEO, Kennedy Wilson Europe EVP and COO, Franklin Resources Inc.

Deborah H. McAneny Tracy L. Collins Nicole J. Macarchuk

Director Director Executive

Former COO, Benchmark Assisted Living LLC Senior Managing Director, Bear Stearns & Co. Inc. General Counsel and Secretary

Debra J. Perry Ana Dutra Jane Judd Deanna Lund Deborah Butera Camille Samuels Patricia S. Walker Catherine P. Lego Christine A. Heckart Sarah A. O’Dowd

Director Executive Director Executive Executive Director Executive Director Director Executive

Former Senior Managing Director, Moody’s Investors Service Inc. EVP of Leadership and Talent Consulting Former SVP and CFO, Telisimo International EVP SVP, General Counsel, Chief Compliance Officer and Secretary Former Managing Director, Versant Ventures Former Chief Medical Officer Former General Partner, the Photonics Fund Chief Marketing Officer of ServiceSource Group Vice President and Chief Legal Officer

KLA-Tencor Corp. Korn/Ferry International Kratos Defense & Security Solutions Inc. KYTHERA Biopharmaceuticals Inc. Lam Research Corp. Leap Wireless International Inc. LeapFrog Enterprises Inc. Life Technologies Corp. Ligand Pharmaceuticals Inc. Limoneira Co. Linear Technology Corp. LinkedIn Corp. Lions Gate Entertainment Corp. Live Nation Entertainment Inc. LSI Corp. LTC Properties Inc. Macerich Co. MannKind Corp. Marin Software Inc. Marketo Inc. Masimo Corp. Mattel Inc.

Ora H. Pescovitz

Director

EVP, Medical Affairs and Health System CEO

Leslie Kilgore Phyllis Yaffe Kathy Willard Susan Whitney Jean F. Rankin Devra G. Shapiro Wendy L. Simpson Pamela Shelley-Kessler Andrea M. Stephen Diana M. Laing

Director Director Executive Director Executive Director Exec. Director Executive Director Director

Chief Marketing Officer, Netflix Inc. Former CEO, Alliance Atlantis Communications CFO Former General Manager, IBM Systems EVP, General Counsel & Secretary Chief Administrative Officer, IPC President and CEO EVP, CFO and Corporate Secretary Former EVP, The Cadillac Fairview Corporation Limited CFO and Secretary, Thomas Properties Group Inc.

Susan L. Bostrom

Director

Former EVP and Chief Marketing Officer, Cisco Systems Inc.

Andrea L. Rich Frances D. Fergusson Kathy White Loyd

Director Director Director

Former President and CEO, Los Angeles County Museum of Art President, Vassar College Founder, Horizon Institute of Technology

Maxim Integrated Products Inc. McGrath RentCorp McKesson Corp.

Medivation Inc.

Mercury General Corp. Micrel Inc. Microsemi Corp. Model N Inc. Molina Healthcare Inc. Monolithic Power Systems Inc.

Jane E. Shaw M. Christine Jacobs Marie L. Knowles Laureen E. Seeger Dawn Graham Kathryn E. Falberg Wendy L. Yarno Cheryl L. Cohen Lynn Seely Martha E. Marcon

Director Director Director Executive Director Director Director Executive Executive Director

Former CEO, Aerogen Inc. President and CEO, Theragenics Corporation EVP and CFO, ARCO EVP, General Counsel and Chief Compliance Officer Former President, Merck & Co. EVP and CFO, Jazz Pharmaceuticals Inc. Independent consultant Chief Commercial Officer Chief Medical Officer Former Partner, KPMG, LLP

Sarah Friar Ronna E. Romney Terry P. Bayer Karen A. Smith Bogart Meera Rao Saria Tseng

Director Director Executive Director Executive Executive

CFO, Square Inc. Former U.S. Senate Candidate for Michigan COO President, Pacific Tributes Inc. CFO Vice President, General Counsel and Corporate Secretary

Monster Beverage Corp.

2013 UC Davis Census

38

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

112

134

13.3%

30

45

21.4%

224 400 141 59 164 400 156

253 400 400 72 170 400 179

7.1% 0.0% 0.0% 18.2% 10.0% 0.0% 9.1%

11

12

30.8%

224 400

276 179

6.7% 9.1%

-

36

23.1%

183 400

199 400

8.3% 0.0%

18

22

25.0%

45

53

20.0%

112

134

13.3%

68

79

17.6%

68 400

199 400

8.3% 0.0%

45

53

20.0%

261

400

0.0%

68

96

15.4%

68

22

25.0%

-

72

18.2%

65

79

17.6%

400 400 261 400 400 400 183 268 268

400 400 276 400 400 400 223 289 286

0.0% 0.0% 6.7% 0.0% 0.0% 0.0% 7.7% 5.9% 6.3%

131

118

14.3%

4

7

36.4%

224

134

13.3%

400 400

400 400 170 400

0.0% 0.0% 10.0% 0.0%

68

65

18.8%

400 400

400 400

0.0% 0.0%

12

16

28.6%

45

4

45.5%

224 400 400 -

253 400 400 145

7.1% 0.0% 0.0% 12.5%

45

145

12.5%

68

36

23.1%

400

400

0.0%


W h o ’s Wh o Appendix B

COMPANY

Move Inc. Multi-Fineline Electronix Inc. Nanometrics Inc. Natus Medical Inc. Nektar Therapeutics NeoPhotonics Corp. NetApp Inc. Netflix Inc.

NETGEAR Inc.

NetSuite Inc. Neurocrine Biosciences Inc. Newport Corp. NuVasive Inc. NVIDIA Corp. Occidental Petroleum Corp. Omnicell Inc. OmniVision Technologies Inc. On Assignment Inc. ONYX Pharmaceuticals Inc.

NAME

POSITION

CURRENT TITLE

Catherine B. Whatley Jennifer Dulski Rachel Glaser Linda Y.C. Lim Christine Besnard Nancy E. Egan Doris E. Engibous Susan Wang

Director Director Executive Director Executive Executive Director Director

Former President, NAR President and COO, Change.org CFO Professor, Stephen M. Ross School of Business EVP, General Counsel and Secretary Chief Legal Officer Independent Consultant Former EVP and CFO, Solectron Corporation

Kathryn M. Hill Ann Mather Leslie Kilgore Barbara V. Scherer Jocelyn E. Carter-Miller Julie A. Shimer Christine M. Gorjanc Catherine R. Kinney Deborah Farrington Corinne H. Nevinny

Director Director Director Director Director Director Executive Director Director Director

Executive Advisor, Cisco Systems Inc. Former EVP and CFO, Pixar Chief Marketing Officer, Netflix Inc. Former SVP and CFO, Plantronics Inc. President, TechEdVentures Inc. Former President and CEO, Welch Allyn CFO Former Group EVP and Head of Global Listings, NYSE Euronext General Partner, StarVest Partners, L.P. General Partner, LMNVC LLC

Eileen M. More Debora Shoquist Karen T. Burns Margaret M. Foran Cynthia L. Walker Sara J. White Marga Ortigas-Wedekind Y. Vicky Chou

Director Executive Executive Director Executive Director Executive Executive

Former General Partner, Oak Investments EVP, Operations Vice President Chief Governance Officer, Prudential Financial Inc. EVP Pharmacy Leadership Coach EVP, Global Marketing and Product Development SVP of Global Management and General Counsel

Corinne H. Nevinny Suzanne M. Shema

Director Executive

General Partner, LMNVC LLC EVP, General Counsel and Corporate Secretary

OpenTable Inc. Oplink Communications Inc. Oracle Corp. Orexigen Therapeutics Inc. Organovo Holdings Inc.

River Gong Shirley Yin Naomi O. Seligman Safra A. Catz Lota S. Zoth Wendy L. Dixon Heather D. Turner Tamar Howson Sharon Presnell

Executive Executive Director Exec. Director Director Director Executive Director Executive

SVP, Worldwide Sales EVP Senior Partner, Ostriker von Simson President and CFO SVP and CFO, MedImmune Inc. Former Chief Marketing Officer, Bristol-Myers Squibb SVP, General Counsel and Secretary Corporate Business Development and Strategy Consultant Chief Technology Officer and EVP of Research and Development

OSI Systems Inc. Pacific Sunwear of California Inc.

Christine Lee Paula Lentini

Executive Executive

SVP, Women’s Merchandising SVP, Retail

Palo Alto Networks Inc. Pandora Media Inc. PDF Solutions Inc. PennyMac Mortgage Investment Trust Peregrine Semiconductor Corp. Performant Financial Corp. PG&E Corp. Pharmacyclics Inc. PICO Holdings Inc. Plantronics Inc.

Nancy McAllister Stacey D. Stewart Anne D. McCallion Lisa C. Im Barbara L. Rambo Maryellen C. Herringer Lori Kunkel Mahkam (Maky) Zanganeh Julie H. Sullivan Kristina M. Leslie Pam Strayer Renee Niemi

Director Director Executive Exec. Director Director Director Executive Executive Director Director Executive Executive

Former Managing Director, Credit Suisse Securities (USA) LLC Former EVP, United Way Worldwide CFO CEO CEO, Taconic Management Services Former EVP and Secretary, APL Limited Chief Medical Officer COO EVP and Provost, University of San Diego Former CFO, DreamWorks Animation SKG Inc. SVP SVP – Communication Solutions

PMC-Sierra Inc. Polycom Inc.

Portola Pharmaceuticals Inc.

Betsy S. Atkins Tracey E. Newell Farah H. Champsi Jean M. George Peggy V. Phillips Mardi C. Dier

Director Executive Director Director Director Executive

CEO, Baja LLC EVP, Global Sales Managing Director, Alta Partners General Partner, Advanced Technology Ventures Former COO, Immunex Corporation SVP

Katherine L. Hensley Sherry S. Bahrambeygui Mary Losty Christine N. Garvey Lydia H. Kennard Dana Evan Jennifer H. Dunbar Sara Grootwassink Lewis Maria R. Hawthorne Tamara Hughes Gustavson Candace N. Krol

Director Director Director Director Director Director Director Director Executive Director Executive

Former Partner, O’Melveny & Myers Managing Member, the Price Group LLC Former General Partner, Cornwall Asset Management LLC Former Global Head, Corporate Real Estate, Deutsche Bank Founder and CEO, KDG Construction Consulting Former CFO of Verisign Inc. Co-Founder and Managing Director, Dunbar Partners LLC CEO, Lewis Corporate Advisors LLC EVP, East Coast Vice President, Administration, Public Storage SVP, Human Resources

Power Integrations Inc. PriceSmart Inc. Procera Networks Inc. ProLogis Inc. Proofpoint Inc. PS Business Parks Inc. Public Storage Puma Biotechnology Inc. QLogic Corp.

QUALCOMM Inc. Qualys Inc. Quantum Corp.

Christine King Kathryn B. Lewis Jean Hu Barbara T. Alexander Sherry Lansing Susan Hockfield Sandra E. Bergeron Janae S. Lee Linda M. Breard

Director Director Executive Director Director Director Director Executive Executive

(continued)

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

131

22

25.0%

91

96

15.4%

204 164 112 400

179 179 253 400 289

9.1% 9.1% 7.1% 0.0% 5.9%

21

82

16.7%

12

16

28.6%

91

96

15.4%

204 400 156

223 400 223

7.7% 0.0% 7.7%

131

118

14.3%

148

155

11.8%

91

96

15.4%

156 -

170 400

10.0% 0.0% 15.4%

91

96

400

400

0.0%

45

53

20.0%

65

79

17.6%

-

45

21.4% 20.0%

-

53

400

400

0.0%

-

118

14.3%

400 400

400 400 400

0.0% 0.0% 0.0%

112

53

20.0%

-

400 53

0.0% 20.0%

183

145

12.5%

400

96

15.4%

91

96

15.4%

68

82

16.7%

400

400

0.0%

68

82

16.7%

-

35

23.5%

400

400

0.0%

112

96

15.4%

156

160

11.1%

152

134

13.3%

-

179

9.1%

21

22

25.0%

112

118

14.3%

-

400

0.0%

91

22

25.0%

Former President and CEO, Standard Microsystems Corporation Former President and COO, Personal Storage, Western Digital Interim CEO, SVP and CFO Independent Consultant Founder and CEO, Sherry Lansing Foundation President Emerita, Massachusetts Institute of Technology Former Venture Partner, Trident Capital Inc. SVP, File System & Archive CFO

148

65

18.8%

-

170

10.0%

30

118

14.3%

400 199 400

0.0% 8.3% 0.0%

22

25.0%

Questcor Pharmaceuticals Inc. Quidel Corp. Quiksilver Inc.

Mary Lake Polan

Director

Professor, Stanford University School of Medicine

204 204 400

QuinStreet Inc.

Bronwyn Syiek Nina Bhanap

Exec. Director Executive

President Chief Technology Officer

21

39

2013 UC Davis Census


W ho ’s Who Appendix B

(continued)

COMPANY

NAME

POSITION

CURRENT TITLE

Rambus Inc.

Penelope Herscher Suzanne L. Bruhn Kim R. Tsuchimoto

Director Director Executive

President and CEO, FirstRain Inc. President and CEO, Promedior Inc. VP, Finance

Laura J. Alber Sherry Lansing Kathleen R. Allen Priya Cherian Huskins Kristina Burow Sheila Gujrathi Georganne C. Proctor Mariann Byerwalter B. Lynne Parshall Sarah J. Anderson Karla R. Lewis

Director Director Director Director Director Executive Director Director Director Director Executive

President and CEO, Williams-Sonoma Inc. Founder and CEO, Sherry Lansing Foundation Professor, Marshall School of Business SVP and Partner, Woodruff-Sawyer & Co. Co-Founder and Director, Sapphire Energy Chief Medical Officer CFO, TIAA-CREF Former CFO, Business Affairs, Stanford University COO, Isis Pharmaceuticals Inc. Former Partner, Ernst & Young, LLP EVP

Raptor Pharmaceutical Corp. ReachLocal Inc. RealD Inc. Realty Income Corp. Receptos Inc. Redwood Trust Inc. Regulus Therapeutics Inc. Reliance Steel & Aluminum Co. Rentech Inc. Resmed Inc. Responsys Inc. Restoration Hardware Holdings Inc. Retail Opportunity Investments Corp. Rigel Pharmaceuticals Inc. Riverbed Technology Inc. Robert Half International Inc. Ross Stores Inc. Rovi Corp. RPX Corp. Ruckus Wireless Inc. Ryland Group Inc. Safeway Inc. Salesforce.com Inc. SanDisk Corp. Sangamo BioSciences Inc. Sanmina-SCI Corp. Santarus Inc. Schwab Corp. SciClone Pharmaceuticals Inc.

Sempra Energy Semtech Corp. Sequenom Inc. ServiceNow Inc. ServiceSource International Inc. ShoreTel Inc. Shutterfly Inc. Silicon Graphics International Corp. Silicon Image Inc. Silver Spring Networks Inc. Simpson Manufacturing Co. Inc. SJW Corp. Skechers U.S.A. Inc. SolarCity Corp. Solazyme Inc. Spansion Inc. Splunk Inc. STAAR Surgical Co. Stamps.com Inc. Standard Pacific Corp. Sunesis Pharmaceuticals Inc. SunPower Corp. Sunstone Hotel Investors Inc. Super Micro Computer Inc.

Eri Chaya Karen Boone Laura H. Pomerantz Laurie A. Sneve

Director Executive Director Executive

Chief Creative Officer, Restoration Hardware Holdings Inc. CFO Principal, PBS Real Estate Chief Accounting Officer

Kimberly S. Stevenson Barbara J. Novogradac Sharon D. Garrett Barbara Rentler Ruthann Quindlen

Director Director Director Executive Director

Vice President and Chief Information Officer, Intel Corporation President, Novogradac Investment Company EVP, Revenue Cycle Optimization, American Medical Response Inc. President &� Chief Merchandising Officer General Partner, Institutional Venture Partners

Selina Y. Lo Charlotte St. Martin Janet E. Grove Diane M. Dietz Larree M. Renda Shirley Young Catherine P. Lego Judy Bruner Saira Ramasastry Jackie M. Ward Carey J. Fox Debra P. Crawford Nancy H. Bechtle Paula A. Sneed Lan Xie Min Yin Stephanie Wong Lynn Schenk Debra L. Reed G. Joyce Rowland Sylvia Summers Myla Lai-Goldman

Exec. Director Director Director Executive Executive Director Director Executive Director Director Executive Executive Director Director Executive Executive Executive Director Exec. Director Executive Director Director

President and CEO Former EVP, Loews Hotels Former CEO, Macy’s Department Stores Inc. EVP and Chief Marketing Officer EVP President, Shirley Young Associates LLC Former General Partner, the Photonics Fund EVP, Administration Managing Partner, Life Sciences Advisory LLC Former Outside Managing Director, Intec Telecom Systems, USA SVP, General Counsel SVP, CFO, Treasurer and Secretary Former President and CEO, San Francisco Symphony CEO, Phelps Prescott Group LLC Vice President Finance, China CFO Vice President of Compliance and Internal Audit Vice President, Finance and Controller Attorney CEO SVP of Human Resources, Diversity and Inclusion CEO, President and Director, Trident Microsystems Inc. Managing Partner, Personalized Science LLC

Christine A. Heckart Natalie A. McCullough Ava Hahn Nancy J. Schoendorf Jennifer Pileggi

Executive Executive Executive Director Executive

Chief Marketing Officer EVP & GM of Professional Services & Support Vice President, General Counsel & Secretary Managing Partner, Mohr, Davidow Ventures SVP, General Counsel and Corporate Secretary

Laura D. Tyson Ingrid J. Van Den Hoogen Jennifer A. Chatman Robin G. MacGillivray Karen Colonias Katharine Armstrong

Director Executive Director Director Executive Director

Professor, Haas School of Business, UC Berkeley Former Chief Marketing Officer Professor, Haas School of Business, UC Berkeley SVP, AT&T President and CEO President, Natural Resources Solutions

Nancy E. Pfund Ann Mather Glenda Dorchak Patricia B. Morrison Deborah Andrews

Director Director Executive Director Executive

Managing Partner, DBL Investors Former EVP and CFO, Pixar Former Corporate EVP and GM of Global Business EVP and Chief Information Officer, Cardinal Health Inc. Vice President

Wendy L. Marlett Helen S. Kim Catherine Lesjak Z. Jamie Behar Laura Black Chiu-Chu (Sara) Liu Liang

Executive Director Director Director Director Exec. Director

Chief Marketing Officer Strategic Advisor, NGM Biopharmaceuticals Inc. EVP and CFO, Hewlett-Packard Managing Director, GM Investment Management Corporation Managing Director, Needham & Company LLC Vice President of Operations, Treasurer and Director

Supertex Inc. Symantec Corp. Synaptics Inc. SYNNEX Corp. Synopsys Inc. TCP Capital Corp. TearLab Corp. Tejon Ranch Co. Teledyne Technologies Inc.

Anita M. Sands Geraldine B. Laybourne Suzanne M. Vautrinot Janice D. Chaffin Kathleen A. Bayless Andrea Zulberti Deborah A. Coleman Elizabeth Greenwood Adrienne L. Graves Kathleen Perkinson Roxanne S. Austin Ruth E. Bruch Susan L. Main

Director Director Director Executive Executive Director Director Executive Director Executive Director Director Executive

Group Managing Director, UBS Financial Services Founder and Former CEO, Oxygen Media Former Major General and Commander, U.S. Air Force Former Group President, Consumer Business Unit SVP, CFO, Secretary and Treasurer Former CFO, Barclays Global Investors General Partner, SmartForest Ventures Secretary and Chief Compliance Officer Former President and CEO, Santen Inc. Former SVP, Natural Resources and Stewardship President, Austin Investment Advisors Former SVP and Chief Information Officer, Kellogg Company SVP

Terreno Realty Corp. Tesla Motors Inc. Tetra Tech Inc.

2013 UC Davis Census

40

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

45

179

9.1%

164

96

15.4%

400

400

0.0%

204

82

16.7%

68

82

16.7%

-

44

22.2%

38

96

15.4%

-

199

8.3%

250

134

13.3%

400 400 400

400 400 400

0.0% 0.0% 0.0%

-

53

20.0%

-

96

15.4%

400 400 164

400 223 179

0.0% 7.7% 9.1%

91

96

15.4%

164 400 183

160 400 72 199

11.1% 0.0% 18.2% 8.3% 23.1%

30

36

250

253

7.1%

91

82

16.7%

204 250

199 223

8.3% 7.7%

112

96

15.4%

131

155

11.8%

400

14

30.0%

44

22

25.0%

400 400 -

276 253 400

6.7% 7.1% 0.0%

400

118

14.3%

224 183 204 400

199 223 179 400

8.3% 7.7% 9.1% 0.0%

-

82

16.7%

30

45

21.4%

183 400 183 400 164 400 400 266 204

199 400 199 223 199 223 179 400 179 199 253 223

8.3% 0.0% 8.3% 7.7% 8.3% 7.7% 9.1% 0.0% 9.1% 8.3% 7.1% 7.7%

68

22

25.0%

400

400

0.0%

224

22

25.0%

224 261 224 204

253 276 253 160 179 276

7.1% 6.7% 7.1% 11.1% 9.1% 6.7%

224

53

20.0%

400 400

400 400 400

0.0% 0.0% 0.0%


W h o ’s W h o Appendix B

COMPANY

NAME

POSITION

CURRENT TITLE

Theravance Inc. Thomas Properties Group Thoratec Corp. Threshold Pharmaceuticals

Henrietta Holsman Fore Diana M. Laing Roxanne Oulman

Director Executive Executive

CEO, Holsman International Secretary Vice President of Finance

Nanci E. Caldwell Sydney Carey J. Heidi Roizen

Director Executive Director

Former EVP and Chief Marketing Officer, PeopleSoft Inc. EVP Venture Partner, Draper Fisher Jurvetson

Merit E. Janow Karin Eastham Nina Kjellson Kelly Gvildys Lynne Koplin Theresia Gouw

Director Director Director Executive Executive Director

Professor, Columbia University Former EVP and COO, Burnham Institute for Medical Research Managing Director, InterWest Partners SVP, Operations President General Partner, Accel Partners

Marilyn A. Alexander Jessica Zhou

Director Executive

Independent Consultant General Counsel and Vice President of Legal Affairs

Carol A. Scott

Director

Professor Emeritus, UC Los Angeles

Lydia H. Kennard

Director

Founder and CEO, KDG Construction Consulting

Susan L. Bostrom Elisha W. Finney Kolleen T. Kennedy

Director Executive Executive

Former EVP and Chief Marketing Officer, Cisco Systems Inc. Corporate EVP, Finance Corporate SVP and President, Oncology Systems

TIBCO Software Inc. TiVo Inc. TRI Pointe Homes Inc. Trimble Navigation Ltd. Trius Therapeutics Inc. True Religion Apparel Inc. Trulia Inc. TTM Technologies Inc. Tutor Perini Corp. Ubiquiti Networks Inc. Ultratech Inc. United Online Inc. Universal Electronics Inc. URS Corp. ValueClick Inc. Varian Medical Systems Inc. VCA Antech Inc. Verifone Systems Inc. ViaSat Inc. Vical Inc. Visa Inc.

VMware Inc. Vocera Communications Inc. Volcano Corp. Volterra Semiconductor Corp. WageWorks Inc.

Walt Disney Co.

WD-40 Co.

Wells Fargo & Co.

Wenda Harris Millard Shawn Duffy Jill M. Broadfoot Cathy E. Minehan Mary B. Cranston Suzanne Nora Johnson Elizabeth Buse Renee J. James Betsy B. Sutter S. Dawn Smith Sharon L. O’Keefe Leslie V. Norwalk

Director Executive Executive Director Director Director Executive Director Executive Executive Director Director

President and COO, MediaLink LLC Vice President, Corporate Controller and Chief Accounting Officer Former SVP, CFO and Secretary Dean, School of Management of Simmons College Former Senior Partner, Pillsbury Winthrop Shaw Pittman LLP Former Vice Chairman, Goldman Sachs Group President – APCEMEA EVP and General Manager, Intel Corporation SVP, Human Resources SVP, General Counsel, Chief Compliance Officer and Secretary President, University of Chicago Medical Center Principal, Norwalk & Associates

Mariann Byerwalter Kimberly L. Jackson Judith L. Estrin Monica C. Lozano Sheryl K. Sandberg Susan E. Arnold M. Jayne Parker Linda A. Lang Cynthia H. Milligan Elaine L. Chao Judith M. Runstad Susan E. Engel Susan G. Swenson Avid Modjtabai Carrie L. Tolstedt

Director Executive Director Director Director Director Executive Director Director Director Director Director Director Executive Executive

Former CFO, Business Affairs, Stanford University SVP, General Counsel and Secretary CEO, JLABS LLC CEO, Impremedia LLC COO, Facebook Inc. Former President, Global Business Units, Procter & Gamble EVP and Chief Human Resources Officer CEO, Jack in the Box Inc. Dean Emeritus, University of Nebraska-Lincoln Former U.S. Secretary of Labor Former Partner, Foster Pepper PLLC CEO, Portero Inc. Former President and CEO, Sage Software-North America Senior EVP, Consumer Lending Senior EVP, Community Banking

Alice M. Richter Barbara L. Rambo Christiana Shi Catherine Cope MacMillan Etta Allen Jennifer J. Finger

Director Director Director Director Director Executive

Former Public Accountant, KPMG, LLP CEO, Taconic Management Services Vice President and General Manager, NIKE Inc. Former Owner of the Huntington Hotel and La Playa Hotel President and CEO, Allen Heating and Sheet Metal SVP & Treasurer

Wesco Aircraft Holdings Inc. West Marine Inc.

Westamerica Bancorporation Western Asset Mortgage Capital Corp. Western Digital Corp.

Wet Seal Inc.

William Lyon Homes

Williams-Sonoma Inc.

Workday Inc. Xilinx Inc. XOMA Corp. Xoom Corp. Yahoo! Inc. Yelp Inc. Zynga Inc.

Kathleen A. Cote Dorrit M. Bern Kathy Bronstein Lynda J. Davey Mindy C. Meads Barbara Cook Sharon Hughes Lynn Carlson Schell Lorraine Twohill Mary Ann Casati Rose Marie Bravo Laura J. Alber Julie P. Whalen Sandra N. Stangl Christa Davies Elizabeth W. Vanderslice

Director Director Director Director Director Executive Executive Director Director Director Director Exec. Director Executive Executive Director Director

Former CEO, Worldport Communications Inc. Former CEO and President, Charming Shoppes Inc. Owner and Operator, KB Bronstein Consulting Co-Founder and CEO, Avalon Group Ltd Former Co-Chief Executive Officer, Aeropostale Inc. Former SVP of Store Operations Former President and Chief Merchandise Officer, Arden B Division Managing Principal and CEO, Shelter Corporation Head of Global Marketing, Google Inc. Co-Founding Partner, Circle Financial Group LLC Vice-Chairman, Burberry Group President and CEO EVP President, Pottery Barn, Pottery Barn Kids and PBteen Brands CFO and EVP, Global Finance, Aon PLC Former General Manager, Terra Lycos Inc.

Alison Davis Anne Mitchell Susan M. James Marissa A. Mayer Miyuki Rosen Diane Irvine Ellen Siminoff

Director Director Director Exec. Director Executive Director Director

CEO, Fifth Era Financial LLC Former Venture Partner, Volition Capital LLC Former Audit Partner, Ernst & Young CEO SVP, Media Network Former CEO, Blue Nile Inc. President and CEO, Shmoop University Inc.

41

(continued)

2012 COMPANY RANK

2013 COMPANY RANK

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

224 68 -

253 253 223 400

7.1% 7.1% 7.7% 0.0%

164

72

18.2%

68 224

199 400 223

8.3% 0.0% 7.7%

38

118

14.3%

164

72

18.2%

400 261 400 183 400 224 400

179 400 276 199 400 199 400 286 400

9.1% 0.0% 6.7% 8.3% 0.0% 8.3% 0.0% 6.3% 0.0%

112

53

20.0%

400 400 400 141

400 223 199 145

0.0% 7.7% 8.3% 12.5%

45

22

25.0%

91

45

21.4%

400 400

199 253 400

8.3% 7.1% 0.0%

-

82

16.7%

5

9

33.3%

204

223

7.7%

-

8

35.0%

400

400

0.0%

16

22

25.0%

38

45

21.4%

266

400 289

0.0% 5.9%

5

1

54.5%

-

223

7.7%

1

3

46.7%

224 -

179 223 400

9.1% 7.7% 0.0%

-

82

16.7%

250

19

26.7%

400

253 253

7.1% 7.1%

2013 UC Davis Census


Appendix C: California’s 400 Largest Public Companies Ranked by Location Bay Area Companies Alameda County RANK COMPANY NAME 1 400 400 36 400 53 79 160 179 253 276 400 400 199 53 400 400 199 45 400 36 45 72 96 134 179 223 223 253 400

Annie’s Inc. XOMA Corp. Astex Pharmaceuticals Inc. Jamba Inc. LeapFrog Enterprises Inc. Oplink Communications Inc. Lam Research Corp. Procera Networks Inc. Silicon Graphics International Corp. iGATE Corp. SYNNEX Corp. Exar Corp. Volterra Semiconductor Corp. Impax Laboratories Inc. Performant Financial Corp. FormFactor Inc. McGrath RentCorp DepoMed Inc. Clorox Co. Pandora Media Inc. Safeway Inc. Simpson Manufacturing Co. Inc. Callidus Software Inc. Ross Stores Inc. Cooper Companies Inc. Workday Inc. Blackhawk Network Holdings Inc. Thoratec Corp. Ellie Mae Inc. Abaxis Inc.

INDUSTRY

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$721 $301 $389 $249 $627 $331 $7,215 $282 $453 $950 $1,577 $506 $353 $1,365 $553 $364 $861 $318 $10,946 $3,216 $5,704 $1,429 $248 $14,173 $5,792 $4,070 $267 $1,795 $607 $1,059

54.5% 0.0% 0.0% 23.1% 0.0% 20.0% 17.6% 11.1% 9.1% 7.1% 6.7% 0.0% 0.0% 8.3% 20.0% 0.0% 0.0% 8.3% 21.4% 0.0% 23.1% 21.4% 18.2% 15.4% 13.3% 9.1% 7.7% 7.7% 7.1% 0.0%

Berkeley Berkeley Dublin Emeryville Emeryville Fremont Fremont Fremont Fremont Fremont Fremont Fremont Fremont Hayward Livermore Livermore Livermore Newark Oakland Oakland Pleasanton Pleasanton Pleasanton Pleasanton Pleasanton Pleasanton Pleasanton Pleasanton Pleasanton Union City

MARKET CAPITALIZATION (M)

%WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$308 $2,630 $420 $229,403

8.3% 30.0% 8.3% 18.8%

Concord Hercules Richmond San Ramon

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$2,916 $1,396 $531 $1,233 $7,630 $7,748

20.0% 15.4% 15.4% 21.4% 18.8% 7.1%

Corte Madera Mill Valley Novato San Rafael San Rafael San Rafael

Consumer Goods Pharmaceuticals Pharmaceuticals Consumer Goods Consumer Goods Technology Hardware Semiconductors Technology Hardware Technology Hardware Technology Software Technology Hardware Semiconductors Semiconductors Pharmaceuticals Energy, Materials & Industrials Semiconductors Energy, Materials & Industrials Pharmaceuticals Consumer Goods Technology Software Consumer Goods Energy, Materials & Industrials Technology Software Consumer Goods Health Care Technology Software Technology Software Health Care Technology Software Health Care

Contra Costa County RANK COMPANY NAME 199 14 199 65

Cerus Corp. Bio-Rad Laboratories Inc. Sangamo BioSciences Inc. Chevron Corp.

INDUSTRY Health Care Pharmaceuticals Pharmaceuticals Energy, Materials & Industrials

Marin County RANK COMPANY NAME 53 96 96 45 65 253

Restoration Hardware Holdings Inc. Redwood Trust Inc. Raptor Pharmaceutical Corp. Westamerica Bancorporation Autodesk Inc. Biomarin Pharmaceutical Inc.

2013 UC Davis Census

INDUSTRY Consumer Goods Real Estate Pharmaceuticals Financial Services Technology Software Pharmaceuticals

42


Lo c ati on

Appendix C

(continued)

Bay Area Companies (continued) San Francisco County RANK COMPANY NAME 3 4 8 16 19 22 53 53 82 96 96 118 134 134 145 155 179 179 223 223 253 253 253 253 253 286 400 400 400 400

Williams-Sonoma Inc. Medivation Inc. Wells Fargo & Co. McKesson Corp. BRE Properties Inc. Visa Inc. Gap Inc. KKR Financial Holdings LLC Xoom Corp. Advent Software Inc. Digital Realty Trust Inc. ServiceSource International Inc. Diamond Foods Inc. ProLogis Inc. PG&E Corp. Schwab Corp. CAI International Inc. Trulia Inc. Riverbed Technology Inc. Splunk Inc. Dolby Laboratories Inc. Nektar Therapeutics Salesforce.com Inc. Yelp Inc. Zynga Inc. URS Corp. Marin Software Inc. OpenTable Inc. RPX Corp. Terreno Realty Corp.

INDUSTRY Consumer Goods Pharmaceuticals Financial Services Health Care Real Estate Technology Software Consumer Goods Financial Services Technology Software Technology Software Real Estate Technology Software Consumer Goods Real Estate Utilities & Telecommunications Financial Services Energy, Materials & Industrials Technology Software Technology Hardware Technology Software Technology Hardware Pharmaceuticals Technology Software Technology Software Technology Software Energy, Materials & Industrials Technology Software Technology Software Energy, Materials & Industrials Real Estate

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$5,432 $3,689 $218,582 $26,162 $3,855 $94,656 $19,517 $2,160 $756 $1,802 $7,833 $716 $462 $18,793 $20,221 $27,174 $522 $1,000 $2,543 $4,813 $1,559 $1,334 $22,524 $1,082 $1,690 $3,584 $319 $1,457 $866 $356

46.7% 45.5% 35.0% 28.6% 26.7% 25.0% 20.0% 20.0% 16.7% 15.4% 15.4% 14.3% 13.3% 13.3% 12.5% 11.8% 9.1% 9.1% 7.7% 7.7% 7.1% 7.1% 7.1% 7.1% 7.1% 6.3% 0.0% 0.0% 0.0% 0.0%

San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco San Francisco

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$443 $785 $268 $370 $78,205 $2,414 $445 $1,313 $43,531 $779 $4,637 $958 $142,212 $1,161 $345 $3,781 $533 $511 $9,117 $2,123

40.0% 7.7% 30.0% 25.0% 20.0% 9.1% 0.0% 0.0% 23.1% 18.2% 9.1% 30.8% 17.6% 16.7% 15.4% 14.3% 12.5% 10.0% 7.7% 7.7%

Brisbane Brisbane Foster City Foster City Foster City Foster City Foster City Foster City Menlo Park Menlo Park Menlo Park Redwood City Redwood City Redwood City Redwood City Redwood City Redwood City Redwood City Redwood City Redwood City

San Mateo County RANK COMPANY NAME 6 223 14 22 53 179 400 400 36 72 179 12 79 82 96 118 145 170 223 223

bebe stores Inc. InterMune Inc. SciClone Pharmaceuticals Inc. QuinStreet Inc. Gilead Sciences Inc. Guidewire Software Inc. E2open Inc. Electronics for Imaging Inc. Facebook Inc. Exponent Inc. Robert Half International Inc. Genomic Health Inc. Oracle Corp. Silver Spring Networks Inc. AcelRx Pharmaceuticals Inc. Informatica Corp. Model N Inc. Qualys Inc. Equinix Inc. Shutterfly Inc.

INDUSTRY Consumer Goods Pharmaceuticals Pharmaceuticals Technology Software Pharmaceuticals Technology Software Technology Software Technology Hardware Technology Software Energy, Materials & Industrials Energy, Materials & Industrials Pharmaceuticals Technology Software Technology Software Pharmaceuticals Technology Software Technology Software Technology Software Technology Software Consumer Goods

43

2013 UC Davis Census


L o cat ion Appendix C

(continued) Bay Area Companies (continued)

San Mateo County continued RANK COMPANY NAME 253 223 400 179 65 82 96 170 199 199 400 35 36 36 96 145 179 199 223 253 253 400 400

Electronic Arts Inc. Imperva Inc. Responsys Inc. Natus Medical Inc. Franklin Resources Inc. WageWorks Inc. NetSuite Inc. Marketo Inc. Keynote Systems Inc. SolarCity Corp. Actuate Corp. Portola Pharmaceuticals Inc. Cytokinetics Inc. Hyperion Therapeutics Inc. ONYX Pharmaceuticals Inc. Exelixis Inc. Fluidigm Corp. Sunesis Pharmaceuticals Inc. Solazyme Inc. Core Mark Holding Co. Inc. Theravance Inc. Rigel Pharmaceuticals Inc. Threshold Pharmaceuticals

INDUSTRY

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$7,037 $1,104 $706 $415 $28,919 $1,149 $6,769 $890 $366 $3,011 $314 $833 $316 $441 $6,315 $834 $444 $268 $725 $728 $3,832 $291 $297

7.1% 7.7% 0.0% 9.1% 18.8% 16.7% 15.4% 10.0% 8.3% 8.3% 0.0% 23.5% 23.1% 23.1% 15.4% 12.5% 9.1% 8.3% 7.7% 7.1% 7.1% 0.0% 0.0%

Redwood City Redwood Shores San Bruno San Carlos San Mateo San Mateo San Mateo San Mateo San Mateo San Mateo San Mateo South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco South San Francisco

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$1,399 $372,202 $11,852 $14,867 $992 $339 $3,404 $342 $9,245 $8,593 $15,660 $18,124 $238,689 $706 $603 $442 $16,326 $5,497 $278 $429 $47,828 $8,587 $7,313 $3,512 $858 $6,039 $1,211 $12,728 $1,177 $643 $511 $449 $887

8.3% 7.7% 16.7% 16.7% 13.3% 9.1% 8.3% 0.0% 0.0% 0.0% 25.0% 21.4% 18.8% 15.4% 11.1% 8.3% 7.7% 7.1% 0.0% 0.0% 31.3% 21.4% 20.0% 18.2% 11.1% 6.7% 0.0% 0.0% 28.6% 25.0% 25.0% 25.0% 23.1%

Alviso Cupertino Los Gatos Milpitas Milpitas Milpitas Milpitas Milpitas Milpitas Milpitas Mountain View Mountain View Mountain View Mountain View Mountain View Mountain View Mountain View Mountain View Mountain View Mountain View Palo Alto Palo Alto Palo Alto Palo Alto Palo Alto Palo Alto Palo Alto Palo Alto San Jose San Jose San Jose San Jose San Jose

Technology Software Technology Software Technology Software Health Care Financial Services Energy, Materials & Industrials Technology Software Technology Software Technology Software Energy, Materials & Industrials Technology Software Pharmaceuticals Pharmaceuticals Pharmaceuticals Pharmaceuticals Pharmaceuticals Pharmaceuticals Pharmaceuticals Energy, Materials & Industrials Consumer Goods Pharmaceuticals Pharmaceuticals Pharmaceuticals

Santa Clara County RANK COMPANY NAME 199 223 82 82 134 179 199 400 400 400 22 45 65 96 160 199 223 253 400 400 11 45 53 72 160 276 400 400 16 22 22 22 36

TiVo Inc. Apple Inc. Netflix Inc. SanDisk Corp. Intersil Corp. Nanometrics Inc. JDS Uniphase Corp. IXYS Corp. KLA-Tencor Corp. Linear Technology Corp. Symantec Corp. Intuit Inc. Google Inc. Omnicell Inc. ChemoCentryx Inc. eHealth Inc. LinkedIn Corp. Synopsys Inc. Audience Inc. Ceva Inc. Hewlett-Packard Co. VMware Inc. Varian Medical Systems Inc. TIBCO Software Inc. Hercules Technology Growth Capital Inc. Essex Property Trust Inc. Jive Software Inc. Tesla Motors Inc. NETGEAR Inc. Harmonic Inc. Move Inc. Super Micro Computer Inc. Monolithic Power Systems Inc.

2013 UC Davis Census

INDUSTRY Technology Software Technology Hardware Consumer Goods Technology Hardware Semiconductors Semiconductors Technology Hardware Semiconductors Semiconductors Semiconductors Technology Software Technology Software Technology Software Health Care Pharmaceuticals Financial Services Technology Software Technology Software Technology Hardware Semiconductors Technology Hardware Technology Software Health Care Technology Software Financial Services Real Estate Technology Software Consumer Goods Technology Hardware Technology Hardware Technology Software Technology Hardware Semiconductors

44


Lo c ati o n

Appendix C

(continued)

Bay Area Companies (continued) Santa Clara County continued RANK COMPANY NAME 82 82 96 118 118 145 160 170 199 199 199 199 223 223 223 223 223 223 253 400 400 400 400 400 400 400 400 400 400 400 400 400 400 400 45 82 118 118 160 160 170 179 253 253 286 400 400 400 19 22 45 72 82 96 134 179 179 179 199 199 223 253 253

Cisco Systems Inc. Polycom Inc. California Water Service Group LSI Corp. Quantum Corp. eBay Inc. Adobe Systems Inc. 8x8 Inc. Brocade Communications Systems Inc. SJW Corp. Ubiquiti Networks Inc. Vocera Communications Inc. Align Technology Inc. Altera Corp. Cadence Design Systems Inc. Sanmina-SCI Corp. Verifone Systems Inc. Xilinx Inc. SunPower Corp. Atmel Corp. Cavium Inc. Cypress Semiconductor Corp. Fair Isaac Corp. Fairchild Semiconductor International Inc. Immersion Corp. Integrated Device Technology Inc. Integrated Silicon Solution Inc. Intermolecular Inc. Maxim Integrated Products Inc. Micrel Inc. NeoPhotonics Corp. PDF Solutions Inc. Power Integrations Inc. Ultratech Inc. Intel Corp. Coherent Inc. Extreme Networks Inc. NVIDIA Corp. Infoblox Inc. Rovi Corp. OmniVision Technologies Inc. Affymetrix Inc. Agilent Technologies Inc. Synaptics Inc. Applied Materials Inc. Ambarella Inc. Inphi Corp. Palo Alto Networks Inc. Yahoo! Inc. Juniper Networks Inc. Financial Engines Inc. Ruckus Wireless Inc. Accuray Inc. Pharmacyclics Inc. Advanced Micro Devices Inc. Fortinet Inc. Proofpoint Inc. Rambus Inc. ShoreTel Inc. Spansion Inc. Trimble Navigation Ltd. Cepheid Inc. Infinera Corp.

INDUSTRY Technology Hardware Technology Hardware Utilities & Telecommunications Semiconductors Technology Hardware Technology Software Technology Software Utilities & Telecommunications Technology Hardware Utilities & Telecommunications Technology Hardware Health Care Health Care Semiconductors Technology Software Technology Hardware Technology Software Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Technology Software Semiconductors Technology Hardware Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Semiconductors Technology Hardware Technology Hardware Semiconductors Technology Software Technology Software Semiconductors Pharmaceuticals Pharmaceuticals Technology Hardware Semiconductors Semiconductors Semiconductors Technology Hardware Technology Software Technology Hardware Financial Services Technology Hardware Health Care Pharmaceuticals Semiconductors Technology Software Technology Software Semiconductors Technology Hardware Semiconductors Technology Hardware Pharmaceuticals Technology Hardware

45

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$130,054 $1,817 $931 $3,924 $333 $67,122 $22,883 $594 $2,556 $525 $1,528 $360 $3,021 $10,561 $4,098 $1,188 $1,824 $10,452 $2,503 $3,146 $1,816 $1,578 $1,644 $1,756 $370 $1,171 $308 $325 $8,086 $577 $266 $544 $1,176 $1,019 $120,447 $1,340 $320 $8,114 $1,465 $2,362 $1,007 $316 $14,730 $1,253 $17,928 $459 $321 $2,999 $27,207 $9,776 $2,230 $953 $425 $5,784 $2,915 $2,839 $826 $959 $237 $733 $6,648 $2,310 $1,236

16.7% 16.7% 15.4% 14.3% 14.3% 12.5% 11.1% 10.0% 8.3% 8.3% 8.3% 8.3% 7.7% 7.7% 7.7% 7.7% 7.7% 7.7% 7.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 21.4% 16.7% 14.3% 14.3% 11.1% 11.1% 10.0% 9.1% 7.1% 7.1% 6.3% 0.0% 0.0% 0.0% 26.7% 25.0% 21.4% 18.2% 16.7% 15.4% 13.3% 9.1% 9.1% 9.1% 8.3% 8.3% 7.7% 7.1% 7.1%

San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose San Jose Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Santa Clara Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale

2013 UC Davis Census


L oca tion Appendix C

(continued) Bay Area Companies (continued)

Santa Clara County continued RANK COMPANY NAME 253 289 400 400 400 400 400 400 400 400

Intuitive Surgical Inc. NetApp Inc. Applied Micro Circuits Corp. Aruba Networks Inc. eGain Corp. Finisar Corp. InvenSense Inc. PMC-Sierra Inc. Silicon Image Inc. Supertex Inc.

INDUSTRY

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$20,327 $13,643 $618 $1,754 $241 $1,590 $1,310 $1,297 $452 $276

7.1% 5.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale Sunnyvale

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$495 $465 $322

0.0% 0.0% 0.0%

Petaluma Petaluma Petaluma

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$1,740

28.6%

Goleta

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$1,934 $266 $1,155

16.7% 25.0% 14.3%

Santa Cruz Watsonville Watsonville

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$2,364 $1,242 $513 $400 $276 $2,890 $73,993

6.7% 20.0% 11.1% 5.6% 0.0% 20.0% 11.1%

Camarillo Moorpark Oxnard Santa Paula Santa Paula Thousand Oaks Thousand Oaks

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$574

6.7%

Lebec

Health Care Technology Hardware Semiconductors Technology Hardware Technology Software Technology Hardware Technology Hardware Semiconductors Semiconductors Semiconductors

Sonoma County RANK COMPANY NAME 400 400 400

Calix Inc. Cyan Inc. Enphase Energy Inc.

INDUSTRY Technology Hardware Technology Software Energy, Materials & Industrials

Central Coast Companies Santa Barbara County RANK COMPANY NAME 16

Deckers Outdoor Corp.

INDUSTRY Consumer Goods

Santa Cruz County RANK COMPANY NAME 82 22 118

Plantronics Inc. West Marine Inc. Granite Construction Inc.

INDUSTRY Technology Hardware Consumer Goods Energy, Materials & Industrials

Ventura County RANK COMPANY NAME 276 53 160 293 400 53 160

Semtech Corp. PennyMac Mortgage Investment Trust CalAmp Corp. Calavo Growers Inc. Limoneira Co. Teledyne Technologies Inc. Amgen Inc.

INDUSTRY Semiconductors Real Estate Technology Hardware Consumer Goods Consumer Goods Energy, Materials & Industrials Pharmaceuticals

Central Valley Companies Kern County RANK COMPANY NAME 276

Tejon Ranch Co.

2013 UC Davis Census

INDUSTRY Real Estate

46


Lo c ati o n

Appendix C

(continued)

Central Valley Companies (continued) Sacramento County RANK COMPANY NAME 223

GenCorp Inc.

INDUSTRY Energy, Materials & Industrials

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$984

7.7%

Rancho Cordova

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$376 $1,233 $688 $3,019 $113,729 $497 $1,385 $1,424 $2,234 $357 $339 $15,650 $478 $1,454 $34,429 $609 $1,756 $1,943 $1,333 $26,351 $1,284 $20,652 $1,689 $915 $1,640 $5,028 $7,737 $4,647 $3,277 $71,888 $2,633 $1,952 $1,839 $2,415 $245 $2,744 $1,819 $3,431 $1,207 $4,000 $1,272 $474 $2,310 $251 $944 $456 $373 $861 $246 $4,258 $4,629 $643 $7,211

7.7% 17.6% 16.7% 6.3% 33.3% 18.2% 10.0% 0.0% 8.3% 14.3% 12.5% 18.8% 16.7% 13.3% 11.8% 0.0% 25.0% 23.1% 18.8% 14.3% 0.0% 15.4% 12.5% 15.4% 13.3% 13.3% 12.5% 12.5% 11.8% 11.8% 10.0% 9.1% 7.7% 7.1% 7.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 9.1% 0.0% 9.1% 9.1% 0.0% 16.7% 11.8% 7.7% 7.7% 6.7%

Agoura Hills Beverly Hills Beverly Hills Beverly Hills Burbank Calabasas Calabasas Calabasas Calabasas Hills Chatsworth Compton El Segundo El Segundo El Segundo El Segundo El Segundo Glendale Glendale Glendale Glendale Hawthorne Long Beach Long Beach Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Los Angeles Malibu Manhattan Beach Monrovia Monrovia North Hollywood Pasadena Pasadena Pasadena Pasadena Pasadena

Southern California Companies Los Angeles County RANK COMPANY NAME 223 79 82 286 9 72 170 400 199 118 145 65 82 134 155 400 22 36 65 118 400 96 145 96 134 134 145 145 155 155 170 179 223 253 253 400 400 400 400 400 400 400 400 179 400 179 179 400 82 155 223 223 276

DTS Inc. Kennedy-Wilson Holdings Inc. RealD Inc. Live Nation Entertainment Inc. Walt Disney Co. KYTHERA Biopharmaceuticals Inc. Ixia On Assignment Inc. Cheesecake Factory Inc. Capstone Turbine Corp. Arden Group Inc. Mattel Inc. Big 5 Sporting Goods Corp. International Rectifier Corp. DIRECTV Stamps.com Inc. PS Business Parks Inc. DreamWorks Animation Inc. DineEquity Inc. Public Storage OSI Systems Inc. HCP Inc. Molina Healthcare Inc. Korn/Ferry International KB Home Reliance Steel & Aluminum Co. CBRE Group Inc. Herbalife Ltd. AECOM Technology Corp. Occidental Petroleum Corp. Guess? Inc. j2 Global Inc. CapitalSource Inc. Mercury General Corp. Thomas Properties Group Air Lease Corp. BreitBurn Energy Partners LP City National Corp. Hudson Pacific Properties Inc. Kilroy Realty Corp. Puma Biotechnology Inc. Rentech Inc. VCA Antech Inc. JAKKS Pacific Inc. Skechers U.S.A. Inc. AeroVironment Inc. STAAR Surgical Co. IPC The Hospitalist Co. Inc. Guidance Software Inc. Avery Dennison Corp. Alexandria Real Estate Equities Inc. Green Dot Corp. Jacobs Engineering Group Inc.

INDUSTRY Technology Hardware Real Estate Technology Hardware Consumer Goods Consumer Goods Pharmaceuticals Technology Hardware Energy, Materials & Industrials Consumer Goods Energy, Materials & Industrials Consumer Goods Consumer Goods Consumer Goods Semiconductors Consumer Goods Technology Software Real Estate Consumer Goods Consumer Goods Real Estate Technology Hardware Real Estate Health Care Energy, Materials & Industrials Consumer Goods Energy, Materials & Industrials Real Estate Consumer Goods Energy, Materials & Industrials Energy, Materials & Industrials Consumer Goods Technology Software Financial Services Financial Services Real Estate Energy, Materials & Industrials Energy, Materials & Industrials Financial Services Real Estate Real Estate Pharmaceuticals Energy, Materials & Industrials Health Care Consumer Goods Consumer Goods Energy, Materials & Industrials Health Care Health Care Technology Software Energy, Materials & Industrials Real Estate Financial Services Energy, Materials & Industrials

47

2013 UC Davis Census


L oca tion Appendix C

(continued)

Southern California Companies (continued) Los Angeles County continued RANK COMPANY NAME 400 400 134 5 134 160 253 289 400 400 400 400 400 400 169 276 400 400 72 7 96 199 400 19 199 400

Tetra Tech Inc. Western Asset Mortgage Capital Corp. Edison International American States Water Co. Macerich Co. TCP Capital Corp. Demand Media Inc. Lions Gate Entertainment Corp. Activision Blizzard Inc. Anworth Mortgage Asset Corp. Colony Financial Inc. Cornerstone OnDemand Inc. Douglas Emmett Inc. Entravision Communications Crown Media Holdings Inc. Tutor Perini Corp. MannKind Corp. Wesco Aircraft Holdings Inc. True Religion Apparel Inc. LTC Properties Inc. Dole Food Co. Inc. Ryland Group Inc. ValueClick Inc. Health Net Inc. United Online Inc. ReachLocal Inc.

INDUSTRY

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$1,526 $424 $15,691 $1,035 $8,383 $436 $522 $3,743 $15,936 $811 $1,285 $2,210 $3,557 $339 $888 $861 $1,892 $1,742 $815 $1,336 $1,142 $1,849 $1,883 $2,525 $701 $348

0.0% 0.0% 13.3% 42.9% 13.3% 11.1% 7.1% 5.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 10.5% 6.7% 0.0% 0.0% 18.2% 36.4% 15.4% 8.3% 0.0% 26.7% 8.3% 0.0%

Pasadena Pasadena Rosemead San Dimas Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Santa Monica Studio City Sylmar Valencia Valencia Vernon Westlake Village Westlake Village Westlake Village Westlake Village Woodland Hills Woodland Hills Woodland Hills

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$851 $668 $1,967 $2,114 $248 $2,706 $592 $694 $420 $1,171 $1,045 $1,079 $634 $353 $25,908 $17,607 $1,801 $7,591 $14,677 $834 $1,196 $540 $524 $769 $671 $680 $1,100 $1,051 $2,214 $2,894 $2,384 $422 $1,168

25.0% 10.0% 7.7% 0.0% 14.3% 0.0% 14.3% 0.0% 54.5% 20.0% 6.7% 0.0% 20.0% 15.4% 14.3% 14.3% 9.1% 7.7% 5.9% 0.0% 0.0% 0.0% 0.0% 25.0% 7.7% 7.7% 0.0% 8.3% 13.3% 12.5% 5.9% 0.0% 0.0%

Aliso Viejo Aliso Viejo Aliso Viejo Aliso Viejo Anaheim Anaheim Costa Mesa Costa Mesa Foothill Ranch Foothill Ranch Huntington Beach Huntington Beach Irvine Irvine Irvine Irvine Irvine Irvine Irvine Irvine Irvine Irvine Irvine Mission Viejo Newport Beach Newport Beach Newport Beach San Clemente Santa Ana Santa Ana Santa Ana Santa Ana Seal Beach

Energy, Materials & Industrials Real Estate Utilities & Telecommunications Utilities & Telecommunications Real Estate Financial Services Technology Software Consumer Goods Technology Software Real Estate Real Estate Technology Software Real Estate Consumer Goods Consumer Goods Energy, Materials & Industrials Pharmaceuticals Energy, Materials & Industrials Consumer Goods Real Estate Consumer Goods Consumer Goods Technology Software Health Care Technology Software Consumer Goods

Orange County RANK COMPANY NAME 22 170 223 400 118 400 118 400 1 53 276 400 53 96 118 118 179 223 289 400 400 400 400 22 223 223 400 199 134 145 289 400 400

QLogic Corp. Avanir Pharmaceuticals Inc. Sunstone Hotel Investors Inc. Microsemi Corp. Pacific Sunwear of California Inc. Questcor Pharmaceuticals Inc. Emulex Corp. TTM Technologies Inc. Wet Seal Inc. Kaiser Aluminum Corp. BJ’s Restaurants Inc. Quiksilver Inc. CorVel Corp. Multi-Fineline Electronix Inc. Allergan Inc. Broadcom Corp. Standard Pacific Corp. Edwards Lifesciences Corp. Western Digital Corp. Endologix Inc. Masimo Corp. Newport Corp. TRI Pointe Homes Inc. Ensign Group Inc. American Vanguard Corp. William Lyon Homes Acacia Research Corp. ICU Medical Inc. CoreLogic Inc. Ingram Micro Inc. First American Financial Corp. Universal Electronics Inc. Clean Energy Fuels Corp.

2013 UC Davis Census

INDUSTRY Technology Hardware Pharmaceuticals Real Estate Semiconductors Consumer Goods Pharmaceuticals Technology Hardware Technology Hardware Consumer Goods Energy, Materials & Industrials Consumer Goods Consumer Goods Health Care Technology Hardware Pharmaceuticals Semiconductors Consumer Goods Health Care Technology Hardware Health Care Health Care Technology Hardware Consumer Goods Health Care Energy, Materials & Industrials Consumer Goods Energy, Materials & Industrials Health Care Technology Software Technology Hardware Financial Services Consumer Goods Energy, Materials & Industrials

48


Lo c ati o n

Appendix C

(continued)

Southern California Companies (continued) Riverside County RANK COMPANY NAME 400

Monster Beverage Corp.

INDUSTRY Consumer Goods

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$10,096

0.0%

Corona

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$1,234

0.0%

Ontario

MARKET CAPITALIZATION (M)

% WOMEN DIRECTORS & HIGHEST-PAID EXECUTIVES

CITY

$3,001 $255 $339 $3,218 $12,750 $468 $8,226 $553 $477 $757 $309 $659 $1,748 $367 $19,915 $899 $365 $245 $105,553 $1,575 $3,769 $659 $2,645 $923 $1,367 $1,677 $8,100 $388 $271 $469 $308 $1,587 $861 $354 $893 $1,096 $843 $485 $989 $585 $9,309 $467 $1,225 $1,286 $828 $382 $613 $532 $349 $6,429 $5,424

18.2% 10.0% 9.1% 8.3% 6.7% 0.0% 16.7% 21.4% 15.4% 0.0% 0.0% 33.3% 30.8% 25.0% 25.0% 23.1% 22.2% 20.0% 18.8% 15.4% 15.4% 15.4% 15.4% 15.4% 15.4% 14.3% 14.3% 14.3% 12.5% 10.0% 9.1% 8.3% 8.3% 8.3% 7.7% 7.7% 7.7% 7.1% 7.1% 6.7% 6.7% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Carlsbad Carlsbad Carlsbad Carlsbad Carlsbad Carlsbad Escondido La Jolla La Jolla La Jolla Poway San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego San Diego

San Bernardino County RANK COMPANY NAME 400

CVB Financial Corp.

INDUSTRY Financial Services

San Diego County RANK COMPANY NAME 72 170 179 199 276 400 82 45 96 400 400 9 12 22 22 36 44 53 65 96 96 96 96 96 96 118 118 118 145 170 179 199 199 199 223 223 223 253 253 276 276 400 400 400 400 400 400 400 400 400 400

Isis Pharmaceuticals Inc. HomeFed Corp. GenMark Diagnostics Inc. ViaSat Inc. Life Technologies Corp. Callaway Golf Co. Realty Income Corp. Orexigen Therapeutics Inc. PICO Holdings Inc. Ligand Pharmaceuticals Inc. Cohu Inc. AMN Healthcare Services Inc. Jack in the Box Inc. Kratos Defense & Security Solutions Inc. Sempra Energy Halozyme Therapeutics Inc. Receptos Inc. Organovo Holdings Inc. QUALCOMM Inc. ACADIA Pharmaceuticals Inc. BioMed Realty Trust Inc. Bridgepoint Education Inc. PriceSmart Inc. Retail Opportunity Investments Corp. Santarus Inc. Arena Pharmaceuticals Inc. CareFusion Corp. Trius Therapeutics Inc. Vical Inc. Accelrys Inc. TearLab Corp. DexCom Inc. Quidel Corp. Regulus Therapeutics Inc. Neurocrine Biosciences Inc. NuVasive Inc. WD-40 Co. Sequenom Inc. Volcano Corp. Cadence Pharmaceuticals Inc. Illumina Inc. ACTIVE Network Inc. American Assets Trust Inc. Cubic Corp. Encore Capital Group Inc. Entropic Communications Inc. Excel Trust Inc. Leap Wireless International Inc. Peregrine Semiconductor Corp. Resmed Inc. ServiceNow Inc.

INDUSTRY Pharmaceuticals Real Estate Health Care Technology Hardware Pharmaceuticals Consumer Goods Real Estate Pharmaceuticals Financial Services Pharmaceuticals Semiconductors Health Care Consumer Goods Energy, Materials & Industrials Utilities & Telecommunications Pharmaceuticals Pharmaceuticals Pharmaceuticals Technology Hardware Pharmaceuticals Real Estate Consumer Goods Consumer Goods Real Estate Pharmaceuticals Pharmaceuticals Health Care Pharmaceuticals Pharmaceuticals Technology Software Health Care Health Care Health Care Pharmaceuticals Pharmaceuticals Health Care Consumer Goods Pharmaceuticals Health Care Pharmaceuticals Pharmaceuticals Technology Software Real Estate Energy, Materials & Industrials Financial Services Semiconductors Real Estate Utilities & Telecommunications Semiconductors Health Care Technology Software

49

2013 UC Davis Census


UC DAVIS STUDY OF CALIFORNIA WOMEN BUSINESS LEADERS AUTHOR Amanda Kimball UC Davis Graduate School of Management (530) 752-7371 • alkimball@ucdavis.edu

ABOUT THE AUTHOR Amanda Kimball is a research specialist at the UC Davis Graduate School of Management who has authored the annual UC Davis Study of California Women Business Leaders since 2010. She collaborates with faculty on other research projects and recently managed a major research grant on sustainability and finance. Before joining the School, she studied in the Ph.D. program in economics at UC Davis. She earned her master’s degree in economics in 2003, with concentrations in microeconomic theory and industrial organization. She has also worked for Capital One, the Investment Company Institute and the Corporate Executive Board. gsm.ucdavis.edu/amanda-kimball

ABOUT THE UC DAVIS GRADUATE SCHOOL OF Management Dedicated to preparing innovative leaders for global impact, the UC Davis Graduate School of Management is consistently ranked among the premier business schools in the United States and internationally. The School’s faculty members are globally renowned for their teaching excellence and trailblazing research that advances management thinking. With prime locations in Northern California’s economic hubs, the School provides a bold, innovative approach to management education to about 100 full-time MBA students at the UC Davis campus, and 425 part-time MBA students in Sacramento and the San Francisco Bay Area, and welcomed the charter class of Master of Professional Accountancy students in fall 2012. The School offers open enrollment and custom executive educations programs as well as many strategic opportunities for corporations, executives and entrepreneurs to connect, partner and develop talent. Centers of Excellence include the Center for Investor Welfare and Corporate Responsibility, the UC Davis Child Family Institute for Innovation and Entrepreneurship, and the Sustainable AgTech Innovation Center.

gs m.ucdav is.edu © 2013 UC Regents


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