The Annual Study

A Data-Driven Approach to Advancing Women

“For more than 20 years, I’ve had the privilege of following OnBoard’s remarkably detailed Study of women on Georgia’s public boards. The dramatic rise of women across every measure can be attributed to OnBoard’s annual tracking.” – Maria Saporta, Atlanta business journalist

In 1993, OnBoard’s founders had the foresight to conceptualize and publish a study measuring the status of women directors in Georgia public companies. The Annual Study now provides 32 years of case studies on women’s representation in the corporate landscape. By measuring and publicizing key demographic trends in executive leadership, OnBoard demonstrates a compelling theory of change and influences tangible progress. 

All data is derived from Form 10-K, 8-K, or proxy filings with the Securities and Exchange Commission.

Read the 2025 Annual Study

2025 Study Highlights

  • OnBoard’s Annual Study measures women’s representation on the boards of Georgia public companies. 

 

  • Women directors hold 27% of board seats in 2025, unchanged from 2024.

 

  • Women directors of color hold just under 7% of seats, showing slight upward movement year-over-year.

 

  • “Power of 3” companies, those with three or more women directors comprise 45% of Georgia public companies.

Women directors hold 27% of board seats in 2025.

Percentage of Board Seats Filled by Women Directors

  • Five companies achieved gender parity in 2025, down from eight in 2024. Time will tell whether this signals a lasting trend or a temporary dip.

 

  • The rate of board seats filled by women declined by more than 10 percent year-over-year. Until women fill more than half of board openings, men will continue to make up the majority of directors.

 

  • OnBoard strengthens the pipeline by equipping women candidates to articulate the strength of their qualifications and guiding boards to broaden how they identify and recruit directors.

Composition of Georgia Public Companies

  • The future lies in the pipeline of women directors. OnBoard influences higher fill rates for board seats by empowering women for board service throughout their career lifecycles. Learn about our Career Lifecycle Initiatives
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