The insurance industry, for example, scored poorly, with women making up only 21 percent of its directors and only 7 percent of its new directors last year, the lowest percentage of any of the industries examined in the report. In 2016, women made up 26 percent of the boards in the banking and capital markets industry, which tied with the retail industry, according to a survey conducted by PricewaterhouseCoopers. Despite a negative spotlight on the lack of women in moviemaking, the 17 entertainment and media companies that were included in the survey increased the diversity of their boards last year: Two-thirds of their new directors were women. “Companies in every industry are feeling investor pressure to refresh their boards, and many are focusing on diversity and adding more women directors,” said Paula Loop, who heads PricewaterhouseCoopers’s governance insights center, which was set up several years ago to review corporate governance issues and financial accounting standards. In addition, the 21 companies that the survey defined as its banking and capital markets sector have shored up their position by adding more women to their boards. Banking Industry Addresses Diversity, Adding Women to Boards - By ELIZABETH OLSONFEB.
