Corporate Board Member Introduces Board Diversity Initiative
15 Maggio 2012 - 3:24PM
Business Wire
In an attempt to debunk the myth that there is a shortage of
qualified diverse boardroom candidates to meet the needs of today’s
U.S. corporations, Corporate Board Member, an NYSE Euronext
company, is launching “Moving the Needle: Building Effective Boards
with Qualified Diverse Candidates,” a concerted effort to increase
the number of diverse directors by introducing a pool of qualified
candidates recommended by public company CEOs, chairmen, and
related parties to search firms and nominating/governance committee
members in the public company arena.
”We believe that diversity of thought gives corporate boards the
best chance to be effective and ultimately fosters companies that
are more customer- and human-capital focused,” said TK Kerstetter,
president of Corporate Board Member. “While we do not believe that
one-size-fits-all regulatory mandates or quotas are the formula for
preventing fraud or successfully building shareholder value, we do
encourage companies to take a proactive stance with respect to
building diverse boards and address any governance issues like this
head on.” Furthermore, Kerstetter added, “We also hope to shine a
bright light on all those organizations whose daily mission it is
to help companies identify qualified diverse board candidates.”
To that end, Corporate Board Member is planning a multi-tiered
approach to boardroom diversity that includes a networking exercise
for the board candidates, search firms, and nominating/governance
committee members on July 19, which will run concurrent with peer
exchange workshops for the CEOs, board chairs, and lead directors
who nominated and are accompanying the candidates. These activities
will be preceded by an NYSE closing bell ringing, reception, and
networking dinner on July 18. In addition, Corporate Board Member
will be holding a think tank on May 23, excerpts of which will be
released along with supporting research in the third-quarter 2012
issue of its magazine. All events will be held at the New York
Stock Exchange.
An advisory council including James Nevels, chairman, Hershey
Co.; Kay Koplovitz, chairman, Liz Claiborne Inc.; Robert Moritz,
chairman, PwC; David Daniel, CEO, Spencer Stuart; Manuel Fernandez,
chairman, Sysco Corp.; Allan Grafman, CEO, All Media Ventures; Ike
Harris, chairman, Cigna Corp.; Sara Mathew, president, CEO, and
chairman, Dun & Bradstreet Corp.; Duncan Niederauer, CEO, NYSE
Euronext; Sheila Penrose, chairman, Jones Lang LaSalle; John
Veihmeyer, chairman and CEO, KPMG; and Maggie Wilderotter, CEO and
chairman, Frontier Communications, is lending support to the event,
as are leading women’s and ethnic minority organizations, including
the InterOrganization Network (ION), Women Corporate Directors
(WCD), the Thirty Percent Coalition, 2020 Women on Boards, the
Executive Leadership Council (ELC), the Committee of 100 (C-100),
Leadership Education for Asian Pacifics (LEAP), and the Hispanic
Association on Corporate Responsibility (HACR), among others.
A booklet featuring the qualified board candidates and
organizational resources will be sent to all public company CEOs,
board chairs, and nominating/ governance committees in August.
For further information on this event, including the nomination
process, sponsorship opportunities, and more, please visit
www.boardmember.com/movingtheneedle or contact Kimberly Crowe at
kcrowe@boardmember.com.
About Corporate Board Member
Corporate Board Member, an NYSE Euronext company, is the leading
information and education resource for senior officers and
directors of publicly traded corporations, large private companies,
and Global 1000 firms. The quarterly publication, Corporate Board
Member magazine, provides readers with decision-making tools to
deal with the strategic and corporate governance challenges
confronting their boards. Corporate Board Member further extends
its governance leadership through an online resource center,
conferences, roundtables, and timely research. The magazine
maintains the most comprehensive, up-to-date database of directors
and officers serving on boards of publicly traded companies listed
with NYSE Euronext and The NASDAQ OMX Group Inc stock exchanges.
www.boardmember.com
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