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For more than four decades, Fenwick & West LLP has helped some of the world’s most recognized companies become, and remain, market leaders. From emerging enterprises to large public corporations, our clients are leaders in the technology, life sciences and cleantech sectors and are fundamentally changing the world through rapid innovation.  MORE >

Fenwick & West was founded in 1972 in the heart of Silicon Valley—before “Silicon Valley” existed—by four visionary lawyers who left a top-tier New York law firm to pursue their shared belief that technology would revolutionize the business world and to pioneer the legal work for those technological innovations. In order to be most effective, they decided they needed to move to a location close to primary research and technology development. These four attorneys opened their first office in downtown Palo Alto, and Fenwick became one of the first technology law firms in the world.  MORE >

From our founding in 1972, Fenwick has been committed to promoting diversity and inclusion both within our firm and throughout the legal profession. For almost four decades, the firm has actively promoted an open and inclusive work environment and committed significant resources towards improving our diversity efforts at every level.  MORE >

At Fenwick, we are proud of our commitment to the community and to our culture of making a difference in the lives of individuals and organizations in the communities where we live and work. We recognize that providing legal services is not only an essential part of our professional responsibility, but also an excellent opportunity for our attorneys to gain valuable practical experience, learn new areas of the law and contribute to the community.  MORE >

Year after year, Fenwick & West is honored for excellence in the legal profession. Many of our attorneys are recognized as leaders in their respective fields, and our Corporate, Tax, Litigation and Intellectual Property Practice Groups consistently receive top national and international rankings, including:

  • Nearly 15 percent of Fenwick partners named America's Leading Lawyers for Business by Chambers USA and Chambers Global
  • Selected as a "Go-To" law firm by in-house legal departments at Fortune 500 companies in Corporate Counsel magazine
  • Named to The National Law Journal's inaugural "Intellectual Property Hot List" for outstanding patent, copyright, trademark and IP litigation services

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We take sustainability very seriously at Fenwick. Like many of our clients, we are adopting policies that reduce consumption and waste, and improve efficiency. By using technologies developed by a number of our cleantech clients, we are at the forefront of implementing sustainable policies and practices that minimize environmental impact. In fact, Fenwick has earned recognition in several areas as one of the top US law firms for implementing sustainable business practices.  MORE >

At Fenwick, we have a passion for excellence and innovation that mirrors our client base. Our firm is making revolutionary changes to the practice of law through substantial investments in proprietary technology tools and processes—allowing us to deliver best-in-class legal services more effectively.   MORE >

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PUBLICATION DETAILS

Gender Diversity Survey— 2013 Proxy Season Results

December 11, 2013

The Fenwick & West Gender Diversity Survey provides exclusive insight into women’s participation in leadership positions of the companies included in the Standard & Poor’s 100 Index (S&P 100) and the high-technology and life science companies included in the Silicon Valley 150 Index (SV 150).

This unique body of information covers gender diversity trends among the board members and leadership teams of publicly traded companies for the period from the 1996 proxy season through the 2013 proxy season.

Companies, board members and C-level executives can use this survey as a statistical benchmark for Silicon Valley leaders in comparison to the landscape of large public companies nationally.

Download the 70 page report for the results of the first survey ever to review approximately eighteen years of filings to analyze the gender makeup of boards and management teams.

Within the review of gender diversity on the board of directors, the survey analyzes gender diversity on board committees and in board and committee leadership.

Similarly, within the review of the gender diversity of executive management teams, the survey analyzes the gender diversity of executive officers and “named executive officers,” as well as specific review of the following positions:

  • chief executive officer (CEO)
  • president/top operations executive
  • chief financial officer (CFO)
  • top legal officer/general counsel (GC)
  • top technology/engineering/r&d executive
  • top sales executive
  • top marketing executive
  • top corporate/business development executive

Key takeaways from the survey include:

  • Growth rates. On average in 2013, among S&P 100 companies 19.9% of board members were women, up from 10.9% in 1996. Over the past 18 years, women board members in the SV 150 grew to 9.1% on average in 2013, up from 2.1% in 1996.
  • Size matters. While the data shows greater numbers of women in the boardrooms and executive suites of S&P 100 companies, those larger companies tend to have larger boards, and larger boards tend to have more women in terms of absolute numbers. In addition, larger boards are more likely to have at least one woman director.
  • Compensation. Women are rarely among the five most highly paid executives in either group. In the 2013 proxy season (generally covering 2012 compensation), women were on average 10.7% of “named executive officers” in the SV 150 and 8.9% of “named executive officers” in the S&P 100.
  • SV 150 has fewer women in board positions. In 2013, 98% of S&P 100 companies had at least one woman director; in fact, women make up on average 20% of the members of S&P 100 company boards. SV 150 companies average about half that level, and 43% do not have a woman director.

 

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