With 80% of the directors women, this company has the highest female-to-male ratio
While most companies around the world are trying to hire and keep female directors, one company has a board in which women outnumber men four-to-one, having the highest female-to-male ratio of any NASDAQ or NYSE-listed businesses.
Travelzoo announced, on Monday, that it has the highest female-to-male ratio of any NASDAQ or NYSE-listed company. In other words, Travelzoo has more women on its board than almost 6,000 businesses listed on the stock exchange.
The company’s board includes five directors: Rachel Barnett, the company’s currently general counsel across Travelzoo North America, Europe and Asia Pacific; and Carrie Liu, executive director of Fosun China Momentum Fund, a Chinese investment group, Mary Reilly, travel search engine Mobissimo founder and CEO Beatrice Tarka and the CEO Ralph Bartel, former Deloitte LLP partner, according to Fortune.
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Reilly, who was the only female director when she joined in 2013, said that Travelzoo’s majority female board wasn’t a conscious goal, but it wasn’t exactly accidental either. “It makes sense since 64% of our members are women and women are usually the ones buying trips,” she explained. Moreover, the company’s global workforce—which is 70% female—reflects its customers.
Women still account for an average of just 20% of board seats nationwide, according to Egon Zehnder’s 2016 Global Board Diversity Analysis, while of the NASDAQ or NYSE-listed companies, a mere 23 have a balanced ratio of 50% or more female-to-male representation on their boards, according to board and executive data provider Equilar.
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