Investors Push Corporate Boards to Add Women, People of Color
The small but growing number of shareholder votes on diversity proposals in on pace to match or exceed the record set last year, according to data compiled by ISS Analytics, which tracks proxies.
State Street to Start Voting Against Companies That Don’t Have Women Directors
Index-fund giant State Street Global Advisors on Tuesday will begin pushing big companies to put more women on their boards, initially demanding change at those firms without any female directors.
March 2017 Update from Bobbi Liebenberg, DirectWomen Chair
In March 2017, Bobbi Liebenberg distributed an update to members of the DirectWomen community. The public text of that update is posted here.
A Bunch of Men Were Asked What They Think About Diversity on Corporate Boards -- The Answer Won't Surprise You
Some fresh data just came out on attitudes among corporate board members, and it says a lot about how far the business world has to go when it comes to breaking the old boys club.
A $2.5 Trillion Asset Manager Just Put a Statue of a Defiant Girl in Front of the Wall Street Bull
The world's third-largest asset manager installed a bronze statue of a defiant girl in front of Wall Street's iconic charging bull statue on Tuesday morning as part of its new campaign to pressure companies to add more women to their boards.
Diversifying the Boardroom: Mary Quazzo Discusses the Chief Legal Officer's Role
Quazzo is a strong advocate for diversifying the boardroom. She was part of the inaugural class of DirectWomen, a national non-profit that works to increase the representation of women lawyers on corporate boards, in 2007. Since then, she has continued to speak out about diversity issues and efforts.
DirectWomen Advisory Board Member Brande Stellings Quoted in Washington Post Article on New Wall Street Statue
"I feel like every other month a new study comes out that makes the case for gender diversity in corporate leadership,” said Brande Stellings, vice president of corporate board services for Catalyst, the nonprofit research firm. “But clearly the business case is not providing the motivation. To see important players like State Street say we’re going to be looking at this, and we’re going to be holding you accountable — I think that’s a significant development.”
Karyn Polak is Destroying Exclusivity
PNC’s deputy general counsel knows that when employees reflect the demographics they serve, both the community and the bottom line prosper.
The Work it Takes to Diversify the Boardroom
Connie Collingsworth explains how a change in the boardroom needs to come not only from inside, but from outside forces.
Chair Bobbi Liebenberg Pens Article in Best Lawyers About DirectWomen and Board Diversity Efforts
DirectWomen Chair Bobbi Liebenberg recently penned an article providing an overview of the current state of board diversity efforts, along with information about DirectWomen's role in accelerating change. To read the article, click below.
Banking Industry Adds Women to Boards
A new PWC survey measuring the diversity in the corporate governance of various industries found that the banking industry is a leader, with an average of 26% of seats held by women. To read more, click below.
Gender Diversity in Tech Board Appointments Has Increased Since 2013
A blog post published by Redfin's CEO and CTO review's the companies research on the diversity of appointments to tech boards since 2013, with positive signals. To read more about the research, click below.
Among Top US Companies, Representation of Women on Boards Moves Towards Parity
A recent analysis by McKinsey shows that among top US companies, representation of women on boards has climbed by an average of 24 percent since 2005. McKinsey also conducted interviews with the leadership of those companies to identify best practices for accelerating gender diversity on boards. To read the full report, click below.
Coty Plans to Add First Female Board Member, Leaving Only Four S&P Companies With All-Male Boards
Fragrance and cosmetics company Coty will soon be adding a woman to its board of directors, reducing the number of S&P 500 companies without women in the boardroom to four. To read more, click the link below.
McKinsey Study Shows Growth in Female Representation on Top S&P 500 Boards
A recent McKinsey study shows that among the top fifty S&P 500 boards, female representation has grown by an average of 24 points since 2005. To read the rest of the study's findings, click on the link below.