|By Marketwired .||
|March 25, 2014 09:00 AM EDT||
FORT WASHINGTON, PA -- (Marketwired) -- 03/25/14 -- A new group of corporate leaders has been formed in the U.S. to promote gender diversity in the corporate boardroom. The Champions of Change consists of an initial core group of four men and three women with extensive board leadership experience and records of advancing diversity.
The Champions of Change, an initiative created and organized by the Thirty Percent Coalition, will use their collective influence and the personal commitment of each member to act as public advocates for increasing the number of women across public company boards and to encourage other leaders to embrace this mission. The joining of these leaders in a common effort reflects the essence of the Coalition as a collaborative venture of leading organizations and individuals committed to the goal of board gender diversity. The Champions of Change initial group includes:
- Aida M. Alvarez, nominating and governance committee member of Walmart, and on boards of UnionBanCal Corporation and Union Bank; former head of the U.S. Small Business Administration.
- Doug Conant, former CEO Campbell Soup; Chairman of Avon and on the board of AmerisourceBergen; currently CEO Conant Leadership.
- Rosemarie Greco, former CEO CoreStates Bank, former board member Exelon, Sunoco; current board member PECO and Chair of Governance/Nominating committee Pennsylvania Real Estate Investment Trust (PREIT).
- Robert Ingram, former CEO and Chairman Glaxo Wellcome; current lead director of CREE and Valeant Pharmaceuticals, and a director of Edwards Life Sciences. Formerly on the boards of Elan, Allergan, Lowes, and OSI Pharmaceuticals.
- William McCracken, former CEO and Chairman of CA Technologies; now on the board of MDU Resources Group; formerly on board of Ikon Office Solutions; currently Chair of the Chairmen's Forum and on the board of NACD.
- Pat Mitchell, President and CEO, The Paley Center for Media; Chair of Nominating Committee of AOL; former board member Sun Microsystems and Bank of America.
- James Turley, former Chairman and CEO Ernst & Young; now on the boards of Citigroup and Emerson Electric Company, former Chair of the board, Catalyst.
In a statement made following their initial meeting, the Champions said:
"Strong leadership is essential to increasing the number of women on corporate boards. Though there has been progress in the United States, increased board gender diversity is critical to maintaining the competitiveness of U.S. companies on a global stage. We believe, based on substantial research and personal experience, that companies that embrace gender diversity are better managed and governed and have better long term growth prospects. We call on other corporate leaders to join us in championing this important effort."
Charlotte Laurent-Ottomane, Executive Director of the Thirty Percent Coalition said: "We are very gratified that these leaders have stepped forward to become Champions of Change, and the Coalition looks forward to working with them and their peers as the group adds additional members. The commitment of the Champions has the potential to significantly impact the landscape here in the U.S. and achieve real progress in increasing female representation in the corporate boardroom."
About the Thirty Percent Coalition
The Thirty Percent Coalition is a unique and groundbreaking national organization of over 60 members committed to the goal of women holding 30% of board seats across public companies by the end of 2015. Founded in late 2011, the Coalition includes senior business executives, national women's organizations, institutional investors, corporate governance experts and board members for the first time working together to drive the pace of change. The Coalition's work is on the demand side of board diversity -- influencing corporations to strengthen their efforts to increase the number of women on their boards. There is no other organization of this kind in the United States. www.30percentcoalition.org
Thirty Percent Coalition
(561) 789 6022
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