Women Gain Board Seats in Strong Start to New Year (Correct)

Women gained 34 seats on the boards of S&P 500 companies in the first two months of the year, the strongest start since at least 2019, bolstered by the naming of three female chief executive officers.

The increase compares with 2022, when the pace of advancement was about half the rate of the previous two years, according to data compiled by Bloomberg. This year, women gained 16 seats in January and 18 in February, the data show. The average number of female directors was unchanged, however, at 3.6, out of an average board size of 11.2.

The pace of female ...