Sentences with phrase «of board diversity»

In the new year, Glass Lewis will not make voting recommendations solely on the basis of board diversity.

The evidence for the importance of board diversity is somewhat stronger than the evidence recommending board sizes of five or greater, in large part because there is a significant body of literature indicating that team diversity generally improves performance.

However, the evidence we are aware of for the importance of board diversity on organizational performance specifically is less strong.71 GFI's board includes members of some relevant occupational backgrounds, but we are concerned that two of its five board members are leadership staff at the same external organization.

«Given the large numbers at play, it is going to take meaningful time to see big numbers in terms of board diversity percentages but the pace of change is accelerating,» said Cassidy, whose Boardlist now has nearly 4,000 members.

The appointments are significant at a time when more and more companies are coming under fire for their lack of board diversity.

Not exact matches

At the University of Southern California this year, Mellody Hobson, president of Ariel Investments and chairwoman on several boards, not only spurred students to find someone to be passionate about — but also to expand their bandwidth of diversity by getting to know people with whom they have seemingly nothing in common.

Today's appointment by Independence Group of its first female board member has taken it off the list of ASX200 companies lacking female representation on their boards, although four other Western Australian businesses remain among those still to adopt gender diversity at board level.

For example, she points to Peter Grower of Bloomberg as one individual who has been rallying to encourage more board diversity in the US.

Harford is a prominent diversity champion, both in the financial services sector and the wider business community, and served as the co-head of Citi Women and on the board of directors of The Forte Foundation, a U.S. nonprofit organization dedicated to increasing the number of women leaders in business.

Other countries, such as the U.K., have gender diversity champions who have made excellent use of the bully pulpit, notably Lord Mervyn Davies, who is calling for 33 percent board participation by women by 2020.

Recently, Equilar, a research firm that focuses on board recruitment, put together a Gender Diversity Index and predicts that the board of directors on the Russell 3000 list — the 3000 largest companies based in the United States — will achieve parity, with a membership made up of 50 percent women and 50 percent men, by the fourth quarter of 2055.

The Equilar Gender Diversity Index looks at the female representation on the boards of the biggest companies in the United States.

Apple's board is against a proposal by investor Antonio Avian Maldonado II that recommends the company boost diversity of its board and senior management staff, according to Quartz.

How much does just one year of poor gender diversity among executive board members run these three countries?

The research crunches numbers to determine the cost to large companies of having all - male executive boards running the show, and while it's far from the first report to conclude a lack of gender diversity is a terrible idea from a business perspective, this analysis produced one particular attention - grabbing finding.

Whether that charge is valid or not, Twitter got a diversity black eye when it announced its original all - white - male board of directors.

Canada's seventh - largest — and largest foreign - owned — bank, with more than $ 90 billion in assets and $ 2 billion in annual revenue, the company under her watch has become an exemplar of gender diversity, with equal numbers of men and women on the board and in senior management.

Sanchez is a member of the Asia Society's Global Talent and Diversity Council and a founding member of the Institute for Corporate Productivity's Talent Acquisition Leaders Board.

I should add, however, gender is only one dimension of diversity, and it's important boards focus on multiple dimensions of diversity.»

She is also a champion for diversity within the organization and serves as a member of the Women@Google board and is an executive sponsor for HOLA, Google's Latino Employee Resource Group.

She is also an active board member for the Hispanic Officer Caucus and a key sponsor of the diversity and inclusion initiatives in Walmart's supply chain.

Committed to diversity and the advancement of women and girls, Ms. Hernandez - Kakol is a member of KPMG's Women's Advisory Board and has served on the leadership team for KPMG's Network of Women.

According to Deloitte and the Alliance for Board Diversity, women and minorities occupied about 31 % of the board seats of Fortune 500 companies in 2016 — up from 26.7 % in Board Diversity, women and minorities occupied about 31 % of the board seats of Fortune 500 companies in 2016 — up from 26.7 % in board seats of Fortune 500 companies in 2016 — up from 26.7 % in 2012.

Board members of color are charged with holding their companies accountable for the diversity of their leadership teams, for pushing to source from minority - owned businesses, and in supporting giving that addresses inclusion.

She is an Australia Day Ambassador for Western Australia, sits on the Board of Directors of the Museum of Freedom and Tolerance Western Australia, and is the Founding Director of the Whande Group, a premier diversity consultancy and program development organisation specialising in global diversity.

Meanwhile, the ISS report also finds that diversity in global boardrooms has also been improving, particularly in the U.K., where female representation on the boards of companies listed on the London Stock Exchange FTSE 350 jumped almost 8 percentage points in six years to hit 18.5 % in 2014.

The report from proxy advisory group Institutional Shareholder Services (ISS), called «Gender Diversity on Boards: a Review of Global Trends,» shows that the number of females among new board nominees at the largest U.S. companies has been steadily climbing in recent years.

A new study shows that one place where gender diversity seems to be flourishing is on the boards of large U.S. companies.

Bessant represents the company on a number of important topics, including diversity and inclusion, serving as an executive sponsor for the company's Lesbian, Gay, Bisexual and Transgender Pride executive board and the LGBT Ally program and executive management team sponsor of the company's disability advocacy initiatives.

It wasn't until last August that Business Roundtable, an association of CEOs whose companies represent 15 million workers, specifically cited diversity at the top of its list of characteristics to consider for board composition in its Principles of Corporate Governance guide.

The burger chain has a lack of diversity on its executive team, and its board doesn't seem to want to show up to the company's annual meeting.

According to the Canadian Board Diversity Council (CBDC), only 7 % of directors at the country's 500 biggest companies are under the age of 50.

«We firmly believe that a diversity of perspectives leads to better decisions and helps drive corporate performance,» says Steve Williams, CEO of Suncor, whose 12 - member board includes three women and a First Nations executive, and factors in age, gender, ethnicity and aboriginal status in filling vacancies.

To combat the myth about there being a dearth of qualified candidates, the CBDC has compiled the Diversity 50 list of «board - ready» women and minorities, ranging from academics to entrepreneurs to C - suite executives.

«The boards looked good on paper, but it's got to be diversity that's right for the company,» says Dominic Barton, global managing director of McKinsey & Co..

As CtW commented this time around, «While Ms. Friedman herself brings a modicum of gender diversity to the board, her failure to address the board's broader composition over her 21 year tenure suggests that the board will be better served by replacing her with a fresh and diverse nominee.»

A shareholder proposal regarding diversity among our senior management and board of directors 7.

A shareholder proposal regarding diversity among our senior management and Board of Directors (Proposal No. 6);

RESOLVED: Shareholders request the Board Compensation Committee prepare a report assessing the feasibility of integrating sustainability metrics, including metrics regarding diversity among senior executives, into the performance measures of the CEO under the Company's compensation incentive plans.

Despite the apparent tension, a number of historically insular boards appear to be making some inroads where board diversity is concerned.

Boards today are also trying to include more perspectives, skill sets and experiences to reflect their audiences, signal the importance of diversity to the company, and ultimately increase the performance of the businesses overall.

Many of these Corporate Supplier Diversity leaders either serve as WBENC Board Members or in our Ambassadors» program.

Such recommendations must also include a statement from the recommending stockholder in support of the candidate, particularly within the context of the criteria for Board membership, including issues of character, integrity, judgment, diversity, age, independence, skills, education, expertise, business acumen, business experience, length of service, understanding of the Company's business, other commitments and the like, as well as any personal references and an indication of the candidate's willingness to serve.

Heading into year three of the «comply or explain» regime for diversity on boards, the numbers look mediocre.

According to the Thirty Percent Coalition, which aims for women to hold 30 % of board seats in public companies, there were about 25 board diversity resolutions filed in the first half of 2015.

The Canadian Board Diversity Council reports that women hold 21.6 % of seats on FP500 companies, up marginally from 19.5 % in 2015.

It's not uncommon for investors to push for increased diversity with such board proposals, Eileen Carey, CEO of Glassbreakers, which makes software to help companies improve employee diversity, tells Quartz.

So it's curious that ahead of a shareholder meeting in February, Apple's board of directors is recommending that investors vote against a proposal to increase the diversity of its board and senior management.

«The board is honestly one of the most important parts of the organization that needs diversity,» says Carey.

One of Walden's priority issues is Board diversity pursued through letters, company dialogues, shareholder resolution and proxy voting.