Women On Colorado Boards Report
Foreword
This year’s CWCC Women on Colorado Boards Report carries a warning that every business leader in Colorado should take personally. For the first time in our state’s history, every publicly traded company has at least one woman on its board. That is a milestone worth acknowledging. But beneath it, the overall percentage of women on Colorado’s corporate boards declined. Not because qualified women disappeared. Because the systems designed to advance them are failing.
The numbers inside this report tell the fuller story, but the headline is this: hundreds of thousands of women, and disproportionately women of color exited the workforce in 2025. Not because they lacked ambition or capability, but because the systems meant to support and advance them failed to hold. Those are not just workforce statistics. They are board seats that will sit empty ten years from now.
The CWCC stands ready to partner with you. We have data, networks, and resolve. What this moment requires is your commitment.
Simone Morrison, CEO of the Colorado Women's Chamber of Commerce
About this Report
Women on Colorado Boards Report has been a leading resource for advocating for greater representation of women on corporate boards across the state.
By the Numbers
Colorado Russell 3000 Lags the National Average
Women on Boards of R3000 Companies
While both the percentage of women on Russell 3000 boards in Colorado and nationally from 2014 to 2025 have trended upward over the past decade, Colorado’s representation declined in 2025, widening the gap with the national average to 1.4 percentage points.
Colorado R3000 is Below National
Colorado has consistently trailed the national Russell 3000 average every year since 2014 — and 2025 marks a step backward, with the gap widening to 1.4 percentage points as Colorado’s representation declined while the national figure held nearly flat.
Gender Diversity in Corporate Boardrooms
Women on Boards
Companies Making an Impact
57% women
55% women
50% women
CWCC Member Companies with Strong Commitments to Diversity
Colorado Action Plan
Words from our Leaders
Women are not DEI, they're GDP. And right now, we are losing them
Simone D. Morrison
CEO | Colorado Women's Chamber of Commerce
We envision a future where “leading side by side” isn’t a goal, but a standard, where boards reflect the vibrant diversity of our communities and the true depth of our state’s talent.
Sandy Jones, PhD.
Chair
Advocacy
Please share this report, video, infographics, and action plan with your networks and be sure to tag or credit the Colorado Women’s Chamber of Commerce.
Collaborators
We sincerely appreciate our contributors for making this report possible!
Appreciation for
Research provided by
Elri Schroeder
Design and thought
partnership provided by
