Is it 2012? I think it is. It shouldn’t be such a shock to see a woman – and not just any woman, but Facebook’s Chief Operating Officer – added to the governing board of the organization. But it’s true; until now, there have been ZERO women on Facebook’s board.
This is unique to Facebook, alas. Most tech companies don’t have women on their boards, regardless of the fact that women make up 51% of the population. According to TechCrunch who said in February to tech companies “your next board member should be a woman,” less than 10% of tech companies actually include women on their boards.
The addition of Sheryl Sandberg to the board is notable because not only is she a woman, but she’s also a mother who has spoken out about making her family a priority (as you can see from her well known statement that she goes home at 5:30 to have dinner with her family each day).
Women 2.0 says, Finally! and talks about WHY women should be on the boards of tech companies.
The topic of women in the boardroom matters to women because the board wields the real power of a company. If you are missing women in a corporate boardroom, you are missing something obvious – companies with women on their boards have been proven to lead to a higher ROI. You’re missing representation from the other 50% of the population – the women, powerful consumers and producers. This is especially painful in the case of Facebook, whose users consist of 58% women with 0% representation in the highest level of decision-making in a company.
The Los Angeles Times, however, points out that when Facebook finally acknowledges the criticism that they have few minority or women involved in the top of the company, the answer, well, always is “Sheryl Sandberg.” She’s a one woman token on all fronts.
With women being the majority of Facebook users (across all age groups), it’s nice to see Facebook finally take steps to include women in the conversation on it’s board. But will Facebook follow this up with the nomination of more women? It seems rather unlikely, doesn’t it?