This research examines the phenomenon of interlocking directorates within Italy’s corporate governance landscape, particularly in terms of gender inclusion. Interlocking directorates occur when individuals serve on multiple boards of directors (BoD) simultaneously, a practice increasingly scrutinized under national regulations like gender quotas and the revised New Corporate Governance Code. The study aims to assess the impact of these directorates on corporate governance, with a specific focus on gender inclusion. Utilizing a robust quantitative methodology, the research analyzes data from 100 Italian listed companies, comprised of 40 from the FTSE MIB and 60 from the FTSE MID CAP. Data from the companies’ 2022 official reports and websites provide detailed insights into BoD compositions, including variables such as gender, age, and personal background. Descriptive statistics, Z-tests, and chi-square tests are used to explore the prevalence of interlocking directorates and their correlation with gender disparities. The results indicate a widespread, though statistically insignificant, presence of interlocking directorates, with a notable over-representation of female directors. This suggests potential gender-specific dynamics within Italy’s corporate governance, which could either imply that interlocking directorates are facilitating increased female representation on BoDs or highlight the limited breakthrough of women through the corporate “glass ceiling.” The significance of this study lies in its contribution to the global discussion on gender equality in corporate governance. By investigating a relatively unexplored issue, this research not only enhances academic understanding but also has practical implications for policymakers and corporate leaders aiming to promote gender inclusivity in governance practices. The findings underscore the importance of exploring complex mechanisms like interlocking directorates to advance gender equity within the broader framework of corporate governance.