A “typical company board” is still a group of old men. Last year the average board of a S&P500 company had 11 members with an average age of 63, only two of whom were women.
Boards repeatedly rate women as a top priority when reviewing potential candidates, according to annual surveys conducted by Spencer Stuart. But their progress on gender diversity has been slow. S&P500 corporate boards on average added one woman over the last decade, with the share of women directors rising from 12% to 24%.