Women hold only 10. 9% of board seats and executive positions in California's 400 largest public companies, according the fourth annual UC Davis Study of California Women Business Leaders. Although the number has steadily increased over the past four years, from 10. 2% in 2005 and 2006 to 10. 4% in 2007, the shift is slow and incremental. The study also found that half of those companies do not have women in top executive offices -- and almost half don't have any women on their Boards of Directors.

The California Museum's California Hall of Fame, created in 2006 by First Lady Maria Shriver, held a ceremony last week honoring its inductees for the year of 2008. The Governor and First Lady hosted a star-studded event on December 15th to welcome twelve new Californians into the 2008 Hall of Fame. Among those honored were several women whose inspiring stories are a testament to the values that we at The Women's Conference hold dear. Acclaimed actress and activist Jane Fonda was at the ceremony, both to present other honorees and to accept her own award.

A survey conducted by FedEx at The Women's Conference 2008 found that a majority of women are planning to cut back spending and travel this holiday season. Nonetheless, the survey also found that women are generally optimistic about economic opportunities. Of those women surveyed, 87% of women said that their household financial situation was the same or worse this year than in previous years. 73% said that they were spending less this year on holiday shopping, and more than half said that they planned to both travel less and spend less.

Today we celebrate the service of those who have defended our country. President Woodrow Wilson first proclaimed Armistice Day on November 12, 1919. On May 13, 1938, Congress officially approved the 11th of November of each year a legal holiday honoring those who fought in World War I. A shoe store owner named Al King along with The Emporia Chamber of Commerce campaigned to change the holiday to be a more inclusive celebration of all military veterans. On May 26, 1954, President Dwight Eisenhower signed an amendment changing the word "Armistice" to "Veterans.

We hope that you excercised your right to vote on Tuesday, Nov. 4. Now, please join The Women's Conference in congratulating Barack Obama, the 44th President of the United States of America. Find on this post a YouTube video of his election night speech and a link to the transcript. President-elect Obama addressed the crowd on election night and said, "Change happens -- change happens because the American people demand it, because they rise up and insist on new ideas and new leadership, a new politics for a new time.

Let's remember that the struggle for women's voting rights in America lasted for144 years and 94 years for African Americans. Let's not take our rights and freedom for granted! Provided on this post are links to resources about voting. Also, watch a video from KCAL-9 on the differences of political opinions in the California Governor and First Lady household.

Last week, we celebrated women firsts in American government; on Thursday, September 19, Rwanda became the first country to have a parliament where women outnumber men. The last Rwandan parliament elections occured in 1994, the year when at least 800,000 people died in the genocide. Rwanda continues the struggle of rebuilding a war-torn nation with women at the helm of healing a country weary from 60 years of violent conflict.

The Women’s Conference applauds women’s “firsts. ” During the 2007 conference, we were honored to have the first female White House Press Secretary Dee Dee Myers, the first female vice presidential candidate Geraldine Ferraro, and the first female Governor of New Jersey Christine Todd Whitman. This year’s presidential election is certainly setting the bar for more glass-ceiling cracking newsmakers. On August 29, Republican presidential candidate, Senator John McCain, announced his running mate, Governor Sarah Palin of Alaska.