Posts Tagged "Women Corporate Directors"

Bloomberg Quick Take: Women on Boards

March 2016. Women are well established in professions like medicine, law and banking. They’ve advanced to the top of prominent companies, including General Motors, Pepsico, EasyJet and Yahoo. Yet a gap remains: corporate boards. Men hold over 80 percent of all S&P 500 board seats and growth in female representation has slowed. ...

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Canada: BCE rejects call to set targets for number of women in senior management

April 2016. Telecommunications giant BCE Inc. (TSX:BCE) rejected a shareholder motion to set targets to increase the number of women on its senior management team during the company's annual general meeting. The proposal came from a shareholder and member of Mouvement d'education et de defense des actionnaires (MEDAC) on behalf of the ...

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Australia: Super Funds Take on ASX 200 Boards with No Women

July 2015. The Australian Council of Superannuation Investors, representing non-profit super funds who manage $400 billion, has threatened not to re-elect company directors who are perpetuating a "boys' club". The institutional investors are releasing a list of the 32 companies in the ASX 200 that have no women directors with the goal of increasing ...

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Two Companies Add Female Board Members in Response to Petition by Pax World

June 2015. Pax World Management LLC, a sustainable investing adviser, was instrumental in getting Roper Technologies and Stericycle, Inc. to begin diversifying their boards of directors. In April, both companies nominated women to their boards after dialogues with both Pax World and the Thirty Percent Coalition. Read the press release here.

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5% of Fortune 500 Companies Led by Women

June 2015. The Washington Post Wonkblog reports that the number of Fortune 500 companies led by women is at an all-time high: 5%. 24 companies in the index have female CEOs, which is the same number as last year. Despite the low number, the Post notes there has been progress, ...

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Australia: Executive Search Firm Adopts Gender Diversity Code of Conduct

March 2015. Crown & Marks, an executive search firm in Australia, recently announced that it will adhere to a voluntary Code of Conduct in response to Recommendation 8 in the Davies Review on Women on Boards. The code lays out ten principles to guide the company in its promotion of ...

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EBay Revises Governance Guidelines for Board Diversity

March 2015.  New York State Common Retirement Fund and Trillium Asset Management withdrew a shareholder proposal at eBay Inc. after the company agreed to revise its governance guidelines to include gender and racial diversity among qualities it seeks in its board directors. The company also nominated two new female directors, Gail McGovern ...

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Canada: Corporate Boards Need More Women

April 2015. The government of Canada is trying to get more women onto the country's corporate boards. Among the items in the government’s new budget is a change to the Canada Business Corporations Act that would require all companies listed on Canadian stock exchanges to either put gender diversity policies in place ...

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Australia: Women Make Up 20 Percent of Boards

April 2015. An update by the boardroom watchdog Australian Institute of Company Directors shows that as of March, women make up 20% of overseen boards. This is the highest level seen in Australia to date, but there is still progress to be made, with 34 ASX boards having no women at ...

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eBay Adds More Women to Board

March 2015. As a result of pressure from investors, eBay recently added two women to its board of 17 people, bringing its total to three women. In November, shareholders filed a proposal encouraging eBay to increase its boardroom diversity. In addition to the two new board members, eBay has committed to ...

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