Companies have congratulated themselves of late after increasing female representation on boards. Yet new research reveals half of all companies in the FTSE All-Share outside the top 350 have no women at all in top executive roles. A hefty 44% of the group have failed to reach a target of having 33% of boardroom roles occupied by women. In addition, only a quarter outside the 350 have a non-white director. The research comes from Women on Boards, a campaign group, in partnership with Protiviti, a consultancy company. While the research finds a small improvement in FTSE All-Share (excluding the top 350) female representation, up from 31% to 34% in the past 12 months, it also highlights an issue: only 16% of board chairs are women while