Committee for Economic Development Names Women Lawyers as Potential Source of Board Members
The Committee for Economic Development (CED) recently published "Every Other One: More Women on Corporate Boards," an update to their 2012 policy paper, "Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive." In the paper, CED names women law firm partners, as well as C-Suite executives, as good potential sources for companies looking for women board members. To download the full report, click below.
DirectWomen Selects 7th Annual Board Institute Class
DirectWomen announced today the members of the 2015 DirectWomen Board Institute, a program now in its 7th year. The Board Institute will be held June 3-5, 2015 in New York City at the Waldorf Astoria Hotel. To read more about the Institute and the list of selected participants, click below.
DirectWomen Chair Bobbi Liebenberg Profiled By Law360
Law360 recently published an article lauding DirectWomen Chair Bobbi Liebenberg as a tireless champion of women in law and an advocate for her clients. To read the profile, click below. A subscription is required, but free trials are available.
DirectWomen Panelists Discuss WIPL Conference Panel on Key Governance Trends
In advance of their Women, Influence & Power in Law (WIPL) keynote panel, "Key Governance Trends from the Perspective of the Board of Directors," DirectWomen Chair Bobbi Liebenberg and Alumna Connie Collingsworth spoke with Inside Counsel's Zach Warren about that discussion's primary topics. To read more, including why lawyers make valuable directors, click below.
Financial Times Reports All-Time High For UK Women On Boards
The Financial Times recently reported that the number of women on boards in the UK has reached an all-time high of 23%. This represents a dramatic increase, as in 2011 this number was 12.5%. There are no longer any all-male boards in the FTSE100, though 28 all-male boards remain in the FTSE250. To read more, click the link below. A free Financial Times online subscription is required.
LeadershipTV Makes the Case for Lawyer-Directors
In the second episode of Heidrick & Struggles's LeadershipTV, Victoria Reese makes the case for the value that lawyer-directors can bring to the boardroom. Reese explains that these directors can be "more than just a lawyer," but a strategic business partner as well. To watch the episode, please click below.
Paul Hastings Study Reveals Room For Improvement In Approach To Diversity
Leading global law firm Paul Hastings recently released a report "Breaking the Glass Ceiling: Women in the Boardroom," along with a supplement, "Breaking the Glass Ceiling: Women in the Boardroom--A Study of Major Global Exchanges." The supplement study examines the role that major exchanges can have on increasing the number of women on corporate boards. To read a summary of this study, click below. Links to the full supplement and original study are linked from the summary.
Bizwomen Interview With Bank of America Executive Focuses on Advice for Prospective Directors
In an interview published on September 24, 2014, Bank of America executive Cathy Bessant discusses how she came to be on the board of Florida Blue, and the advice she has for other women interested in serving on corporate boards. To read the interview, click below.
Solange Charas Explains Relationship Between Female-Style Team Behaviors, Leadership, and Company Financial Performance
On FastCompany.com, Solange Charas's new article investigates how the transitive theory can be applied to discussions about the relationship between women's leadership and a company's financial success. To read the full article, click below.
According to ISS Report, An Increasing Number of Board Nominees Are Women
According to a new Institutional Shareholders Service report, "Gender Diversity on Boards: A Review of Global Trends," the work of organizations like DirectWomen is having a real impact. Nearly 30 percent of new board nominees at Standard & Poor's 500 companies are now women, up from 15 percent in 2008. DirectWomen alumna Pamela Craven is cited in the article as an example of a successful candidate. Click below to read; free registration is required.
InsideCounsel Article Features DirectWomen
A September 2014 article in InsideCounsel featured the work of DirectWomen, along with an interview with Chair Bobbi Liebenberg and long-time supporter Peggy Foran. To read the article, click below.
SEC Chair Mary Jo White Delivers Remarks on Board Diversity at SAIS Conference
On September 16, 2014, SEC Chair Mary Jo White delivered remarks at the SAIS Conference. To read the full text of her remarks, click below.
September Update from Bobbi Liebenberg, DirectWomen Chair
On September 16, 2014, Bobbi Liebenberg distributed her monthly update to members of the DirectWomen community. The public text of that update is posted here.
Ernst & Young Promotes Strategies to Achieve Board Diversity
In July 2014, Ernst & Young's Point of View series identified three mutually reinforcing factors that can lead to progress on board diversity. Those factors are focused public sector attention, committed private sector leadership, and corporate transparency. To read more, click the link below.
New Index Fund Focused on Women Promoted by New York Times and PBS
Sallie L. Krawcheck, owner of the women's network Ellevate, announced in early June that her organization would partner with Pax World Management to offer an index fund focused on companies where women make up a significant portion of officers and directors.