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Board Seats Elusive for Women

Studies raise awareness; new database lets women nominate themselves.

By Donna Miskin | Updated on May 01, 2012

While women in finance see the experience of serving on the board of directors of a public company as a stepping stone to top corporate positions, progress in this arena has been slow, as shown by several recent studies.

In 2011, women held 16.1% of the board seats at Fortune 500 companies, a barely discernible gain from 15.7% in 2010, according to a Catalyst survey released in December, which also pointed out that about one in 10 of the companies have no women on their boards.

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