Report Makes Case For Diversity On Corp Boards
BOCA RATON, FL -- The InterOrganization Network (ION) has just released its Seventh Annual Status Report of women directors and executive officers of public companies in 14 regions of the United States. Key findings from data collected by ION’s fourteen member organizations include: “While the number of women on boards and in the executive suite has gone up only slightly compared to last year, there are more public companies that agree gender diversity makes good business sense. Educating investors and shareholders about how to advocate for an increased number of women in the boardroom is essential to making change happen. We will continue to work with public companies and their stakeholders to leverage the value from a gender diverse board,” said ION President Charlotte Laurent-Ottomane. The report highlights institutional investors supporting gender diversity at the top, including Calvert Investments, Pax World Management, Walden Asset Management, Trillium Asset Management, Connecticut State Treasurer Denise Nappier, CalPERS and CalSTRS, and provides an action plan for investors who wish to benefit from improved governance.
The InterOrganization Network is a national nonprofit organization representing more than 10,000 women dedicated to increasing representation of women on for-profit boards and in executive suites. ION creates a national voice for its 14 regional member organizations to influence, build awareness and expand opportunities and connections. ION’s founding sponsor is KPMG LLP, the audit, tax and advisory firm and U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 137,000 professionals, including more than 7,600 partners in 144 countries.
