Board composition is one of the top issues for investors in 2017, and while some industries have made strides in diversifying their boardrooms, other industries are lagging behind, according to a new report from PwC’s Governance Insights Center.
The analysis compares gender diversity across nine industries – and among some of the findings:
- Retail is leading the charge when it comes to board refreshment and has the lowest average age for directors
- Surprisingly, technology had one of the highest average tenures for board directors
- Boards in the banking and capital markets industry, which is often considered to be male-dominated, had the highest percentage of women
- Both the entertainment and media and the communications industries were also ahead of the curve when it comes to women in the boardroom
A breakdown by industry of board refreshment efforts is included in the report.