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STUDY SAYS MORE WOMEN ADVANCING INTO BOARDROOMS.


Byline: Deborah Adamson Daily News Staff Writer

Women are striding into corporate boardrooms in increasing numbers but still make up only one-tenth of all directors among Fortune 500 companies, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a survey by a women's group released Wednesday.

Female executives hold 643 out of 6,081 board seats, reported Catalyst, a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
 research group in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

That's a gain of 18 percent since 1994, but still nothing to be proud of, said Catalyst President Sheila Wellington.

``The glass ceiling is most certainly intact,'' she said, pointing out that 46 percent of the work force is female and women make 70 percent to 80 percent of all consumer decisions. ``Clearly, there is progress yet to be made.''

However, a silver lining silver lining
n.
A hopeful or comforting prospect in the midst of difficulty.



[From the proverb "Every cloud has a silver lining".
 does exist: In the past 20 years, female representation on corporate boardrooms among major corporations has risen from 46 to 444 women today.

That's because companies increasingly value a female perspective on business issues, Wellington said. They also want to send a positive message to shareholders they are changing with the times, she added.

``In a globally competitive environment and with a diverse customer base, you've got to keep up with the changes,'' Wellington said.

Such a change has begun at Wellpoint Health Networks in Woodland Hills, the parent of Blue Cross of California.

In the past three years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 health management organization has added three female board members out of a total of eight directors.

``Women are the primary decision makers on health care'' in the household, said Cynthia Coulter, a spokeswoman for Wellpoint. ``It makes sense to have women on our board.''

Women directors

About 10 percent of board members of Fortune 500 companies are women, according to a study released Wednesday. Among the four Valley-area companies on the Fortune 500, women make up 14 percent of board members:

COMPANY HQ WOMEN BOARD MEMBERS

Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966)
Disney, Walter Elias Disney
 Co. Burbank 1 16

Dole Food Co. Westlake Village 1 7

Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001.  Woodland Hills 1 11

Wellpoint Health Woodland Hills 3 8

CAPTION(S):

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CHART: Women directors (see text)
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Oct 2, 1997
Words:341
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