Half of our FTSE 350 board appointments in past year go to women

13 Nov 2018

Half of our FTSE 350 board appointments in past year go to women

As the latest independent review of women in senior UK board positions is published, we’re pleased to report on our performance over the past 12 months.

Half of our FTSE 350 board assignments in the past year led to a woman being appointed. Notably, 70% of those women were taking their first FTSE 350 board role.

These figures compare favourably with the Hampton-Alexander review targets of 33% of board positions to be held by women by 2020.

This reinforces our position in the top tier of UK executive search firms accredited under the Enhanced Code of Conduct in the latest Hampton-Alexander review.

The Enhanced Code, set in place by the government, acknowledges firms appointing more women than most to British boards and working hard to change the gender dynamic at the top of UK business.

Welcome focus

“We’re certainly now seeing more women coming through to senior levels and progressing to board level,” said Susanne Thorning-Lund, Partner in the Chair and Board practice at Odgers Berndtson.

“We welcome the increased focus at the level just below the board, because this encourages companies to retain and develop their most talented senior women, and we work closely with clients to help with this.”

Help at every level

As part of our service to all candidates, successful or not, we do a thorough audit and ask them about their experience of each search. We use this feedback to improve the support we provide. Many female candidates have said this individual support is highly effective.

We have also initiated various initiatives, including an industry-wide mentoring scheme for women leaders in hospitality, launched with UK Hospitality last month, and a partnership with All-In, across the gaming sector, to track diversity.