'Dinosaur' chairmen should step down, says equality chief The number of women directors on top company boards has increased to a record 15 per cent, up from 12 per cent in recent years, the Cranfield study said. However the number still well blow the target of 25 per cent set by Lord Davies's review. Cranfield said that there are now 141 women holding 163 board seats in FTSE 100 firms. Although Lord Davies, who is a former Labour minister and ex-chairman of the bank Standard Chartered, did not say who the "dinosaurs" are, the Cranford report found that 11 of the UK's FTSE 100 companies have no females on their boards at all. The companies include Glencore International, the commodities company, Aggreko, the power company, and Xstrata, the mining company.