Coca-Cola Helps Boards That Are 50% Women Reach Record (Correct)

Coca-Cola Co.’s appointment of former Instacart Inc. President Carolyn Everson to its board means half the beverage company’s directors are now women for the first time.

Coca-Cola is one of a record number of S&P 500 companies that have women in at least half their board seats. The high of 21 companies, the most since Bloomberg started tracking the data in 2019, ties the tally in June. Women’s share of board seats overall was unchanged in July from June at 31.8%.

“Let’s hope it keeps going in the right direction,” said Betsy Berkhemer-Credaire, chief executive officer of 50/50 ...