Issue link: https://nebusinessmedia.uberflip.com/i/935481
wbjournal.com | February 5, 2018 | Worcester Business Journal 13 Virtusa Corp., Westborough 0 of 8 0 of 5 0 Sunovion Pharmaceuticals, Marlborough 0 of 5 0 of 7 0 Cognex, Framingham 0 of 9 0 of 3 0 Sevcon, Inc., Southborough** 0 of 9 0 of 2 0 L.S. Starrett, Athol 0 of 7 0 of 4 0 Solect Energy, Hopkinton 0 of 3 0 of 6 0 Psychemedics, Acton 0 of 5 0 of 3 0 Biostage, Holliston 0 of 5 0 of 3 0 Consigli Construction, Milford 0 of 3 0 of 3 0 AA Transportation, Shrewsbury 0 of 1 0 of 2 0 MutualOne Bank, Framingham 1 of 10 0 of 6 6 IPG Photonics, Oxford 1 of 10 0 of 5 7 Bose Corp., Framingham 0 of 6 1 of 5 9 ReWalk Robotics, Marlborough 1 of 9 0 of 2 9 SeaChange International, Acton 1 of 6 0 of 4 10 Cornerstone Bank, Southbridge 1 of 12 1 of 9 10 Harrington Health Care System, Southbridge 2 of 16 1 of 8 13 Webster Five Cents Savings Bank, Webster 2 of 16 1 of 6 13 AMSC, Devens 1 of 6 0 of 2 13 Ameresco, Framingham 1 of 8 1 of 6 14 Oxford Immunotec, Marlborough 1 of 9 1 of 5 14 Waters Corp., Milford 2 of 10 0 of 4 14 Polar Beverages, Worcester 1 of 3 0 of 3 17 MetroWest Medical Center, Framingham 2 of 11 1 of 6 18 Avidia Bank, Hudson 3 of 18 4 of 21 18 Boston Scientific, Marlborough 3 of 10 0 of 5 20 Cumberland Farms, Westborough 1 of 1 0 of 4 20 Atlantic Union College*, Lancaster*** 6 of 26 1 of 3 24 Hanover Insurance Group, Worcester 3 of 11 2 of 10 24 MathWorks, Natick 0 of 1 1 of 3 25 Assumption College, Worcester 7 of 29 2 of 6 26 Reliant Medical Group, Worcester 4 of 14 3 of 11 28 UMass Memorial Health Care, Worcester 4 of 20 8 of 22 29 Hologic, Marlborough 4 of 8 1 of 9 29 TJX Cos., Framingham/Marlborough 4 of 11 1 of 6 29 Staples, Framingham 2 of 8 2 of 6 29 UniBank, Whitinsville 3 of 13 5 of 14 30 Worcester Business Journal examined the gender mix of the leadership of 75 prominent Central Massachusetts business organizations. Here is the breakdown. The Central Massachusetts Boardroom Gap, by company *Top executive is female (9 of 75, or 12%). **Sevcon was acquired in September by Michigan-based BorgWarner. ***Although Atlantic Union offers college classes, the school is unaccredited. Notes: 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. eClinicalWorks didn't list a director. Companies without local headquarters, such as Dell EMC, are not included. Sources: U.S. Securities & Exchange Commission filings, company websites, Commonwealth of Massachusetts, U.S. Internal Revenue Service 990 forms through guidestar.org. Female board Female % female members executives leadership Female board Female % female members executives leadership female president in nearly a century at Worcester's Becker College, and Laurie Leshin is Worcester Polytechnic Institute's first female president. Framingham retailer TJX Cos. was led by Carol Meyrowitz while she was CEO until 2015, and she remains the company's executive chairwoman. Laura Sen was the CEO of BJ's Wholesale Club of Westborough from 2009 to 2016. Until Jan. 26, Staples was led by a female CEO – Goodman – although she has been replaced by a man, former Coca-Cola executive Alexander Douglas. Marlborough drugmaker Sunovion Pharmaceuticals – a zero-zero company – said it has 10 women in leadership positions, including vice presidents in key areas, and initiatives in place to advance women in leadership roles including a mentorship program. "Sunovion recognizes the need in advancing women into leadership positions within the life sciences industry, including within our own company," Sunovion said in a written statement. W LEGEND: Public companies 22 of 141 (16%) 6 of 78 (8%) 28 of 219 (13%) Private corporations 7 of 38 (18%) 9 of 53 (17%) 16 of 91 (18%) Financial institutions 27 of 130 (21%) 39 of 118 (33%) 66 of 248 (27%) Health care organizations 32 of 125 (26%) 31 of 81 (38%) 63 of 206 (31%) Colleges 115 of 312 (37%) 56 of 123 (46%) 171 of 435 (39%) Social service nonprofits 110 of 241 (46%) 54 of 87 (62%) 164 of 328 (50%) Middlesex Savings Bank, Natick 5 of 16 2 of 7 30 Fallon Community Health, Worcester 4 of 12 3 of 10 32 UMass Medical School, Worcester 7 of 21 4 of 13 32 YMCA of Central Massachusetts*, Worcester 8 of 28 3 of 6 32 Workers Credit Union, Fitchburg 4 of 11 3 of 10 33 Saint Vincent Hospital, Worcester 5 of 15 2 of 6 33 College of the Holy Cross, Worcester 11 of 41 7 of 14 33 FLEXcon, Spencer 1 of 2 0 of 1 33 eClinicalWorks, Framingham N/A 2 of 6 33 Nichols College*, Dudley 9 of 30 4 of 8 34 Clark University, Worcester 10 of 29 3 of 9 34 Worcester Polytechnic Institute*, Worcester 10 of 30 5 of 12 36 Seven Hills Foundation, Worcester 6 of 16 6 of 17 36 United Way of Central Massachusetts, Worcester 10 of 29 3 of 6 37 United Way of North Central Massachusetts, Fitchburg 5 of 22 6 of 7 38 Digital Federal Credit Union, Marlborough 2 of 7 6 of 14 38 Cummings School for Veterinary Medicine*, Grafton 5 of 15 3 of 6 38 Alternatives Unlimited, Whitinsville 4 of 12 3 of 6 38 Main Street Bank, Marlborough 4 of 16 8 of 15 39 Table Talk Pies, Worcester 2 of 4 0 of 1 40 Fidelity Bank, Leominster 2 of 11 9 of 16 41 Framingham State University, Framingham 3 of 11 4 of 6 41 Heywood Hospital, Gardner 5 of 20 8 of 12 41 BJ's Wholesale Club, Westborough 0 of 1 3 of 6 43 Becker College*, Worcester 6 of 16 4 of 7 43 Worcester Art Museum, Worcester 10 of 24 2 of 3 44 Milford Medical Center, Milford 6 of 17 5 of 6 48 Anna Maria College*, Paxton 10 of 20 3 of 7 48 Boys and Girls Club of MetroWest, Marlborough 6 of 15 4 of 5 50 New England Center for Children, Southborough 4 of 13 11 of 16 52 Mount Wachusett Community College, Gardner 7 of 11 3 of 8 53 Boys and Girls Club of Worcester* 8 of 19 6 of 7 54 Hanover Theatre, Worcester 13 of 24 3 of 5 55 Fitchburg State University, Fitchburg 8 of 11 4 of 9 60 Venture Community Services, Sturbridge 6 of 9 1 of 2 64 Worcester State University, Worcester 8 of 11 5 of 9 65 Quinsigamond Community College, Worcester 8 of 11 4 of 6 71 YWCA of Central Massachusetts*, Worcester 30 of 30 9 of 10 98 TOTAL 313 of 987 195 of 540 508 of 1,527 (32%) (36%) (33%) Female board Female % female members executives leadership