We are proud to commemorate the fifth biennial Breakfast of Corporate Champions with a collection of inspiring testimonials from CEO Champions. These outstanding leaders share their views on why gender parity in the boardroom is a strategic business imperative and how to make it happen. The views captured in What Makes a Champion? are powerful, persuasive and practical. A digital copy is available below.
The Credo of the Women’s Forum of New York starts with “we believe the potential for women should be unlimited and opportunities should be as well.” Seats on corporate boards represent a leadership frontier for women. Women hold only 20% of S&P 500/ F1000 board seats despite repeated studies by McKinsey, Credit Suisse and others that confirm what progressive companies already know: gender balance in the boardroom contributes to better decision making and a better bottom line.
In 2011 our Forum founded our Corporate Board Initiative to accelerate the advancement of women on corporate boards across all industry sectors. Our strategy reflects our belief that change happens more quickly when it’s driven from the top. Our initiative focuses on the game-changers: CEOs, Chairman, Nom-gov chairs and Directors who can truly accelerate the advancement of women on boards, with the overarching goal of achieving gender balance on corporate Boards by 2025.
The flagship program of our Corporate Board Initiative is our biennial salute to companies and leaders who are actively advancing women on corporate boards. The Breakfast of Corporate Champions honors S&P 500/ F1000 companies who measurably exceed the national average of Board Seats held by women with special recognition approaching our goal of parity with at least 40% of board seats, and a singular Muriel F. Siebert Leadership Award presented to a company and CEO that has achieved parity and implemented policies and actions that can inspire others to follow. The 2017 Breakfast honored over 350 companies and attracts a capacity audience of over 600 decision makers.
Click here for the 2019 BCC Program.
The Women’s Forum of New York would like to thank all of the 2019 Breakfast of Corporate Champion’s Sponsors for making this event possible:
Bank of America
The Guardian Life Insurance Company of America
Horizon Healthcare Services, Inc.
Macy’s and Bloomingdale’s
Marsh & McLennan Companies
Sanderson Farms, Inc.
State Street Corporation
Ward Howell International
Globe Life Inc.
Quest Diagnostics Inc.
American Water Works, Inc.
Best Buy Companies Inc.
Broadridge Financial Solutions
General Mills, Inc.
New Mountain Capital
New York Life
The Blackstone Group
Brown Brothers Harriman & Co.
First Republic Bank
Lulu C. Wang
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Skadden, Arps, Slate, Meagher & Flom LLP
Asbury Automotive Group
Ascena Retail Group
Circle Wealth Management
Designer Brands Inc.
McKissack & McKissack
Pitney Bowes, Inc.
Public Service Enterprise Group
The TJX Companies
TravelCenters of America
Willis Towers Watson
Price Waterhouse Coopers studies have shown that 90% of board seats are sourced from the boards’ own networks. That’s why in 2013 the Women’s Forum of New York launched a unique database to bring more women into those networks and increase the pipeline of board ready women. We invited our CEO Champions to sponsor women they believe are board ready for this database, which is available to search firms and nom-gov committees free of charge through the Women’s Forum website. Every candidate in the database is profiled by the criteria most search firms seek in board candidates and is uniquely vetted because she is sponsored by a CEO. In 2018, we enhanced the reach of our database by partnering with Equilar, which will add our database to their Diversity Network and also make it available through BoardEdge.
In 2017 we expanded our Corporate Board Initiative by creating a series of 18 call-to action videos by our CEO Champions. We invite everyone to share these videos in their companies and through their social media channels.
Muhtar Kent - Chairman, The Coca-Cola Company
Ursula Burns - Retired Chairman, Xerox
Pierre Nanterme - Chairman and CEO, Accenture
Michael Corbat - CEO, Citigroup
Roger W. Ferguson – President & CEO, TIAA
Ron O'Hanley - President and CEO, State Street Global Advisors
In addition to our primary game changer strategy, our Forum conducts annual mentoring roundtables to help members assess if they are board ready and if not how to get there. Forum members who hold board seats share their experiences and pragmatic tools to help other members achieve their goals.
The Forum is delighted to partner with these organizations that share our commitment to the advancement of women on corporate boards.
Committee for Economic Development
National Association of Corporate Directors
U.S. 30% Club
Women’s Forum Business Executive Survey
An online omnibus survey was fielded among a representative sample of 505 leading U.S. senior decision makers in March 2017 to showcase male and female business executives’ perspectives on how to reach gender parity on boards. Leading senior decision makers were identified as C-level, chairman, head of a division from companies with a mix of industries, services, location, and representative of work force size.
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