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NEW YORK, NY - MARCH 07: Stephanie Sonnabend (Front, 2nd L), Chair and Co-founder, 2020 Women on Boards; Malli Gero (Front 3rd L), Executive Director and Co-Founder, 2020 Women on Boards; former US Ambassador Melanne Verveer (Front 4th L), Executive Director of the Institute for Women, Peace and Security at Georgetown University joined by women board members from NYSE-listed companies whose boards are comprised at least 20% by women visit New York Stock Exchange on March 7, 2014 in New York City. (Photo by Slaven Vlasic/Getty Images)

The last company in the S&P 500 that was all-male has finally added a female to its board. The company, Copart, is a used car seller.

The index’s last company to add a female to the board named its CFO of a real estate investment firm Diane Morefield the newest member to its board of directors.

Morefield, 61, is the chief financial officer of real estate investment firm CyrusOne and served as a real estate banker with Barclays Bank earlier in her career.

(Editorial Comment) Leave it to a used car salesman to stay all-male until the final hour. Copart makes its way into the 21st century with this move, only about 20 years late.

Sources: Forbes

By Marc Charles for Money Talk Radio

Marc Charles has worked in Radio since 2005. Marc has been active in media in Detroit, Ohio, Canada, and Florida. When he's not blogging for Money Talk Radio, he covers UFC. Follow Marc on social media @TheLegalManMarc & @TheOctagram.