Lisa Palumbo, DirectWomen Alumna, Elected to Board of Rayonier Advanced Materials
Lisa Palumbo, a 2009 Alumna of DirectWomen's Board Institute, has been elected to the board of Rayonier Advanced Materials, a company that will spin off from Rayonier Inc. (NYSE:RYN) at the end of next month and trade on the NYSE under the ticker symbol RYAM. As of June 2014, 21% of DirectWomen alumnae serve on public boards. Read the press release here.
DirectWomen Alumnae Discuss Women on Boards in Daily Report Article
DirectWomen alumnae and board members Kathleen Franklin and Catharine Arrowood discuss the added value women bring to boards in this article at the Daily Report. Click here to read more. (Free digital membership required)
New York Times Examines Consequences for Companies That Have Not Diversified Boards
This May 31, 2014 New York Times article examines the potential consequences for companies that do not follow through on promises to change their governance practices to emphasize diversity. Skechers USA and Monster Beverage are both cited as examples of companies that promised to diversify their boards, but have not followed through. Read the article here.
State Pension Funds Support Shareholder Proposals on Board Diversity
The state retirement funds of New York, California, Connecticut, and North Carolina, along the the pension fund of New York City, plan to support a shareholder proposal that Urban Outfitters increase the diversity of its board.
Study Finds Female Directors Impact Strategic Change
A new study, published in the March-April 2014 issue of Organization Science, finds that female directors impact strategic change. Read more by clicking here.
Solange Charas's Research Shows That Good Conflict Makes a Good Board
Solange Charas's PhD research revealed that boards with high governance ratings from Governance Metrics International cast a wide net when recruiting directors, and often recruit people with whom the other directors do not have prior relationships. Read more about this research by clicking through the link.
DirectWomen Chair Bobbi Liebenberg Interviewed by Law360
Click through to read a Law360 Q&A with DirectWomen Chair Bobbi Liebenberg.
DirectWomen Panel in St. Louis Discusses Board Diversity
A May 1, 2014 article from the St. Louis American recaps DirectWomen's April 8 panel at the Washington University in St. Louis. Topics of discussion included how to get on a board and the importance of board diversity.
Video of DirectWomen Panel at Washington University School of Law
Click through this link to view a video of the full panel "Becoming an Effective Public Company Director," held April 8, 2014 at Washington University School of Law in St. Louis, Missouri. Panelists included Dr. Mark Wrighton, Arnold Donald, Diane Sullivan, Ann Harlan, Mary Ann Hynes, and James Turley. The panel was moderated by Professor Hillary Sale.
Study Reveals Board & C-Suite Diversity Stats & Strategies
This post, written by 2012 Board Institute alumna Randi Morrison, originally appeared on TheCorporateCounsel.net.
April Update from Bobbi Liebenberg, DirectWomen Chair
On April 16, 2014, Bobbi Liebenberg distributed her monthly update to members of the DirectWomen community. An edited text of that update is posted here.
Board Institute Co-Chair Hillary Sale Featured in St. Louis Business Journal
A blog post on the St. Louis Business Journal featured an interview with Professor Hillary A. Sale, Co-Chair of DirectWomen's Board Institute and moderator of a recent St. Louis panel on "Becoming an Effective Public Company Director."
DirectWomen Hosts Panel on Board Diversity in St. Louis
On April 7 and 8, 2014, DirectWomen hosted programs in St. Louis on board diversity and gender equity. Panelists included Arnold Donald, president and CEO of Carnival Corp.; Diane Sullivan, Chairman, CEO and President of Brown Shoe Co.; and James Turley, retired Chairman and CEO of Ernst & Young.
Study Finds Board Diversity Reduces Fraud
A new study from China found that gender diversity on boards leads to a reduction in the incidence of fraud. The study's authors identified an increased diversity in viewpoints and a broadened talent pool as driving factors for this.
Pamela Craven, DirectWomen Alumna, Elected to Board of Amber Road, Inc.
Pamela Craven recently joined the board of Amber Road, Inc., a NYSE-listed company engaged in cloud-based global trade management solutions. Pamela is a 2012 Alumna of the DirectWomen Board Institute, and the Chief Administration Officer of Avaya Inc.