Archive for December, 2013

Op-Ed: Adding a Woman to a Corporate Board is Good, but Not Good Enough

Vivek Wadhwa, Vice President of Innovation and Research at Singularity University and Arthur & Toni Rembe Rock Center for Corporate Governance at Stanford University, writes that although appointing a woman to a corporate board is good, companies must also diversify their corporate boards and management. The full op-ed can be read ...

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Europe: Voluntary Code of Conduct for Executive Search Firms

The Voluntary Code of Conduct for Executive Search Firms in Europe was established in July 2011 and lays out steps for search firms to follow across the search process, from accepting a brief through final induction. To view the full code, please click here.

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Canada: Most Executives Not Concerned By Number of Women in Boardroom, Finds Latest C-Suite Survey

This interesting, although rather bleak, snapshot of attitudes in Canada on gender diversity in senior roles in Canadian companies, compiled in a survey conducted by the Gandalf Group, demonstrates a high level of indifference or push-back by Canadian CEOs on increasing boardroom diversity.  60% of the 156 companies surveyed had ...

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2013 Catalyst Census: Fortune 500 Women Board Directors

Catalyst released its 2013 census, Fortune 500 Women Board Directors, noting that companies with no women at the top are missing critical market opportunities. Below are some of the census's findings: Women held only 16.9% of board seats in 2013—no change from last year (16.6%). In both 2012 and 2013, less than ...

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General Motors Names First Female Chief Executive, Mary Barra

This week, General Motors named its first female chief executive: Mary T. Barra, the first woman to be named chief executive at a major auto company.  Said Ms. Barra at a town-hall style meeting at General Motors' company headquarters: “This is truly the next chapter in G.M.’s recovery and turnaround ...

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Twitter Appoints First Woman, Marjorie Scardino, to Board of Directors

Twitter announced on December 5 that it has appointed Marjorie Scardino, former chief executive of Pearson, to its board of directors.  She is the first woman appointed to Twitter's board of directors.  In the past, Ms. Scardino has been outspoken about the lack of women on corporate boards. The full article ...

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Harvard Law School Forum: Update on Developments Regarding Gender Diversity on Public Boards

In a new Harvard Law School blog post, David A. Katz writes: "new legislative and non-governmental initiatives around the world have resulted in growing numbers of women directors and greater shareholder focus on board diversity and related disclosures." For an update on these initiatives around the world, view the full ...

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Finland: Report by Finland Chamber of Commerce on Boardroom Success for Women

The Finland Chamber of Commerce released its 3rd Women Executives report, Boardroom Success for Women - Challenges in Business Management.  One key finding is that without quotas, the representation of women on Finnish company boards jumped from 7% in 2003 to 23% in 2013 (16 points). (In contrast, in the ...

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