28 March 2019 | by Fortune
Another way boards seem to be adding diversity to their ranks is by expanding in size, rather than waiting for seats to become vacant, which can happen at a downright leisurely pace. “In the S&P 500 overall, more than half of the new women joining boards in 2018 came on when the board increased its size,” the report says. (At the same time, five-year data from global search firm Spencer Stuart finds that across the entire S&P 500 average board size has remained relatively steady at 10.8 directors.)