Adding Women to Corporate Boards Is a Smart Business Decision — And Retail Companies Are Taking Note

As more women across the industry ascend to C-suite roles, there’s also notable movement in another key area of the business: corporate boards.

According to a recent report from Women Business Collaborative, 2021 was a “watershed year.” Women held 27% of all board seats, up from 24% in 2020. This marked the largest year-over-year increase for the Russell 3000, which includes the 3,000 largest public companies in the U.S.

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