A Slow but Steady Increase in Gender Diversity on Boards.

Gender diversity in the boardroom is slowly increasing, according to the findings of 2022 Inside the Public Company Boardroom, a report released in January 2023 by the National Association of Corporate Directors. The report, which was released in conjunction with Pearl Meyer, Main Data Group and MyLogIQ, found that 41% of new director appointees were women. The data also revealed that the percentage of female directors was up year-over-year in every segment of market capitalization, with continued progress from 2017 through 2022.

Additional findings of the report include:

* In 2022, 18% of boards in the Russell 3000 had 90% independent directors, compared with 17% of Russell 3000 boards in 2021.

* Use of nontraditional committees, such as risk, technology and sustainability, has become more prevalent over the last two years.

* The prevalence of newly appointed directors with technology skills is increasing.

* The average tenure of board leadership positions...