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More Women are on Big Company Boards, but the Numbers are Still Shockingly Low

By Jeanne Sahadi, CNN Business

Women business leaders are gaining a stronger foothold in the boardrooms of America’s biggest companies.

Yet the number of women on corporate boards still remains very low considering women’s long and successful track record in the workforce, the fact that they make up half the population and that diversity in the top ranks has been shown to be good for the bottom line.

Today, women hold an average of 25% of board seats at S&P 500 companies, up from 15% a decade ago, according to data from BoardEx. Women now account for at least a third of the board seats at each of 122 companies on the index. Five years ago, that was only true at 40 companies.

Read the full story here.