Worcester Business Journal

wbjournal.com | February 7, 2022 | Worcester Business Journal 11 W O M E N I N L E A D E R S H I P F O C U S The percent of women in leadership at local companies remains unchanged since 2021. For five years, WBJ has tracked the gender breakdown of executive teams and board of directors/trustees at 75 prominent Central Massachusetts business organizations. New to the list this year is MCPHS University, replacing the now-closed Becker College, and Cytiva, replacing Oxford Immunotic, which was acquired by PerkinElmer of Waltham. The 2022 Central Massachusetts Boardroom Gap, by company Notes: Data is for most recent year available in the filings. Executives who also serve on boards of directors are counted twice. For public companies, those listed are named executives in annual reports. For private corporations, those listed are named on their filings with the Massachusetts Secretary of the Commonwealth, where they must include the president, treasurer, secretary and at least one director. Companies without local headquarters are not included. For organizations with parent companies who have local executives and a global board, both are included. % point 2018 2019 2020 2021 2022 change Public companies 74 285 26% 19% Private corporations 29 127 23% 37% Healthcare organizations 79 199 40% 38% Financial institutions 74 256 29% 30% Colleges 177 448 40% 41% Social service nonprofits 192 357 54% 53% 2022 female executives and board members COLOR LEGEND: % point 2018 2019 2020 2021 2022 change SeaChange International was headquartered in Acton when The Boardroom Gap investigation started, but the company has moved its headquarters to Waltham. Sources: U.S. Securities & Exchange Commission filings, company websites, Commonwealth of Massachusetts, U.S. Internal Revenue Service 990 forms through guidestar.org. Consigli Construction Co., Milford 0% 0% 0% 0% 0% 0 Solect Energy, Hopkinton 0% 0% 7% 0% 0% 0 Cumberland Farms, Westborough 20% 20% 20% 33% 7% -13 Virtusa Corp., Southborough 0% 0% 8% 9% 7% 7 Polar Beverages, Worcester 17% 17% 8% 8% 8% -9 SeaChange International, Waltham 10% 10% 0% 0% 8% -2 Cornerstone Bank, Southbridge 10% 14% 11% 8% 9% -1 L.S. Starrett Co., Athol 0% 0% 0% 0% 10% 10 Biostage, Holliston 0% 10% 21% 25% 11% 11 Psychemedics Corp., Acton 0% 0% 0% 0% 11% 11 IPG Photonics, Oxford 7% 6% 6% 6% 13% 6 American Superconductor (AMSC), Ayer 13% 0% 14% 14% 14% 1 Harrington Healthcare System, Southbridge 13% 13% 14% 14% 14% 1 Assumption University, Worcester 26% 27% 23% 26% 21% -5 Avidia Bank, Hudson 18% 17% 19% 23% 23% 5 Boston Scientific, Marlborough 20% 19% 19% 28% 24% 4 AA Transportation Co., Inc., Shrewsbury 0% 0% 0% 0% 25% 25 Cognex, Natick 0% 17% 18% 13% 25% 25 FLEXcon, Spencer 33% 50% 0% 0% 25% -8 MathWorks, Natick 25% 25% 0% 25% 25% 0 Middlesex Savings Bank, Natick 30% 31% 32% 37% 26% -4 The Hanover Insurance Group, Inc., Worcester 24% 20% 29% 26% 27% 3 Cytiva, Marlborough N/A N/A N/A N/A 28% 0 Reliant Medical Group, Worcester 28% 26% 13% 0% 28% 0 BJ's Wholesale Club, Westborough 43% 6% 20% 21% 29% -14 eClinicalWorks, Westborough 33% 33% 29% 62% 29% -4 Saint Vincent Hospital*, Worcester 33% 32% 33% 36% 29% -4 UniBank, Whitinsville 30% 24% 25% 29% 29% -1 Webster Five Savings Bank, Auburn 14% 14% 13% 15% 29% 15 Ameresco, Framingham 14% 14% 8% 20% 30% 16 Dean College*, Franklin N/A 31% 28% 30% 31% 0 MutualOne Bank, Framingham 6% 6% 11% 33% 31% 25 ReWalk Robotics, Marlborough 9% 8% 13% 20% 31% 22 Staples, Framingham 29% 29% 22% 13% 31% 2 UMass Chan Medical School, Worcester 32% 34% 29% 29% 31% -1 Hologic, Marlborough 29% 36% 29% 29% 32% 3 Nichols College, Dudley 34% 33% 36% 47% 32% -2 Waters Corp., Milford 14% 27% 32% 28% 32% 18 Fidelity Bank, Leominster 41% 35% 33% 38% 33% -8 TJX Cos., Framingham/Marlborough 29% 38% 35% 37% 33% 4 Workers Credit Union, Littleton 33% 32% 32% 33% 33% 0 YMCA of Central Massachusetts, Worcester 32% 29% 43% 35% 35% 3 Sunovion Pharmaceuticals Inc., Marlborough 0% 8% 8% 42% 36% 36 Anna Maria College*, Paxton 48% 47% 37% 36% 38% -10 MCPHS University, Worcester & Boston N/A N/A N/A N/A 38% 0 Worcester Polytechnic Institute*, Worcester 36% 37% 36% 40% 38% 2 Clark University, Worcester 34% 40% 33% 39% 39% 5 Insulet*, Acton N/A 39% 47% 35% 40% 1 Main Street Bank, Marlborough 39% 33% 44% 42% 40% 1 Table Talk Pies, Worcester 40% 50% 50% 40% 40% 0 Bose Corp.*, Framingham 9% 15% 23% 44% 42% 33 College of the Holy Cross, Worcester 33% 31% 26% 36% 42% 9 Cummings School of Veterinary Medicine 38% 36% 23% 41% 42% 4 at Tufts University, Grafton Digital Federal Credit Union, Marlborough 38% 33% 38% 38% 42% 4 UMass Memorial Health, Worcester 29% 30% 30% 42% 42% 13 United Way of Central Massachusetts, 37% 41% 36% 44% 42% 5 Worcester United Way of North Central Massachusetts, 38% 50% 41% 40% 42% 4 Fitchburg Open Sky Community Services, Worcester 38% 50% 43% 43% 44% 6 Fallon Health, Worcester 32% 40% 43% 50% 45% 13 Seven Hills Foundation, Worcester 36% 38% 53% 42% 45% 9 Heywood Hospital, Gardner 41% 33% 44% 47% 47% 6 Fitchburg State University, Fitchburg 60% 56% 59% 55% 50% -10 Milford Regional Medical Center, Milford 48% 46% 35% 36% 52% 4 Worcester Art Museum, Worcester 44% 45% 53% 55% 52% 8 The Hanover Theatre and Conservatory for 55% 64% 55% 52% 53% -2 the Performing Arts, Worcester Mount Wachusett Community College, Gardner 53% 48% 44% 47% 53% 0 Quinsigamond Community College, Worcester 71% 65% 65% 59% 54% -17 Boys and Girls Club of MetroWest, Marlborough 50% 44% 53% 56% 55% 5 MetroWest Medical Center*, Framingham 18% 38% 50% 53% 56% 38 The New England Center for Children, 52% 50% 36% 48% 56% 4 Southborough Framingham State University, Framingham 41% 47% 53% 53% 59% 18 Worcester State University, Worcester 65% 58% 53% 55% 60% -5 Boys and Girls Club of Worcester* 54% 64% 68% 67% 65% 11 Venture Community Services, Sturbridge 64% 63% 67% 67% 67% 3 YWCA Central Massachusetts*, Worcester 98% 98% 98% 97% 97% -1 TOTAL: 33% 35% 34% 37% 37% 4 2022 total executives and board members 2022 percent female leadership 2021 percent female leadership

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