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2020 Women on Boards RecognitionGuardian Life April 21, 2017
We are pleased to announce that for 2016, Guardian has been named a Winning “W” Company, 2020 Women on Boards’ highest award. This honor is given to companies that champion diversity by having 20 percent or more of their board seats held by women.
2020 Women on Boards is a national campaign working to increase the percentage of women who serve on company boards to 20 percent or more by the year 2020. Of the 1,745 boards the organization evaluated in 2016, only 704, or 40 percent, achieved Winning Company status.
Although we were just recently recognized by 2020 Women on Boards, women have represented at least 25 percent of Guardian’s Board of Directors since 2012.
Here’s the Businesswoman Who will Replace the Longtime Former CEO on Tech Data’s BoardTampa Bay Business Journal April 19, 2017
Tech Data Corp. shareholders will vote on adding a top executive from a government technology consulting firm to the Tech Data board of directors.
Karen Dahut was nominated to the board, which would have been one member short when Steven Raymund, the longtime chairman and former CEO of Tech Data, steps down in June.
Dahut is an executive vice president at Booz Allen Hamilton (NYSE: BAH), a government consulting firm in McLean, Virginia, where she leads the firm’s civil commercial group and is a member of the executive management committee.
She will be the third woman on the nine-member board of Tech Data (NASDAQ: TECD), an IT distributor headquartered in Clearwater and the largest public company based in Tampa Bay. Diversity is essential for good corporate governance, and boards that reflect company stakeholders, including customers, employees and shareholders, create better shareholder value, according to advocacy group 2020 Women on Boards.
CTC Secures Recognition for Board’s Gender Diversity; Ed Sheehan CommentsGovCon Wire April 17, 2017
TYSONS CORNER, VA, April 17, 2017 — Concurrent Technologies Corp. has received recognition from the 2020 Women on Boards organization for its effort to establish gender diversity in the composition of its board of directors, GovCon Executive reported Wednesday.
The company said Tuesday this is the second year that 2020 Women on Boards gave the “Winning Company” designation to CTC, whose board includes Margaret DiVirgilio and E. Jeanne Gleason.
“We are grateful for the invaluable contributions made by our female board members and colleagues throughout the company,” said Ed Sheehan Jr., president and CEO of CTC.
"2020 Women on Boards" Recognizes Concurrent Technologies Corporation as a Winning Company for the Second TimeMarketWired April 11, 2017
JOHNSTOWN, PA--(Marketwired - April 11, 2017) - The national "2020 Women on Boards" campaign has recognized Concurrent Technologies Corporation (CTC) as a 2016 Winning Company. The 2020 Women on Boards organization is a nonprofit 10-year campaign focused on increasing the number of women who serve on corporate boards to at least 20 percent by the year 2020.
This is the second year that 2020 Women on Boards has named CTC a Winning Company for its commitment to board diversity. CTC's Board of Directors includes long-standing members Margaret DiVirgilio and E. Jeanne Gleason. DiVirgilio is also a member of the company's Senior Executive Leadership Team, where she serves as Senior Vice President, Chief Financial Officer and Treasurer. She also serves on the boards of the National Contract Management Association, the National Defense Industrial Association, and Seton Hill University. Gleason is the Chair of the Pennsylvania Council on the Arts and has been influential in many arts, healthcare, and educational organizations.
"CTC is honored to be recognized as a Winning 'W' Company that understands that good corporate decision-making requires the ability to hear and consider different points of view from people with different backgrounds, experiences, and perspectives," said Edward J. Sheehan, Jr., President & Chief Executive Officer. "We are grateful for the invaluable contributions made by our female board members and colleagues throughout the company."
Justin Trudeau Perfectly Sums Up Why We Need More Women In PowerFortune April 7, 2017
On stage at the Women in the World Summit in New York on Thursday, Canada's Prime Minister Justin Trudeau—an outspoken feminist—stressed the importance of promoting more women to positions of power.
"It isn’t just the nice thing to do, it’s the smartest possible thing thing to do. We can’t just talk about how women need to be empowered without talking to the people who unfairly still have more power: the men." He added: "The men have to be part of the solution."
As for getting more women on boards, Trudeau said he hopes companies will stop appointing more women just because of "public pressure," but rather because of the benefits of doing so. Indeed, research has shown that board diversity is good for business, broadening talent and inspiring new ideas and innovation. But many companies are still lagging in this area: In 2015, women held just 18.8% of Fortune 1000 company board seats and 20.6% of the seats on Fortune 500 boards.
Sallie Mae Recognized as a Leader in Board DiversityBusiness Wire March 29, 2017
NEWARK, Del.--(BUSINESS WIRE)--SLM Corporation (Nasdaq: SLM) — more commonly known as Sallie Mae, the nation’s saving, planning, and paying for college company — announced today it has been named a Winning “W” Company for the third consecutive year by 2020 Women on Boards for the diversity of its board of directors. Four of Sallie Mae’s 13-member board are women.
Sallie Mae has earned this recognition every year since 2014, when the company became a consumer banking business focused on providing private student loans and other products to help students and families make college happen. The “W” designation is the highest awarded by 2020 Women on Boards, a national campaign working to increase the percentage of women who serve on company boards to 20 percent or more by the year 2020. Of the 1,745 boards the organization evaluated in 2016, only 704 — 40 percent — achieved Winning Company status.
Sanderson Farms, Inc. Recognized by 2020 Women on BoardsSanderson Farms Inc March 28, 2017
JACKSON, Miss. (March 24, 2017) - Sanderson Farms, Inc. has been named a 2020 Women on Boards Winning 'W' Company for the sixth consecutive year. Since the organization began tracking board diversity in 2011, Sanderson Farms has been recognized each year for the notable number of women who sit on its board.
Currently, women comprise 33% of those who have a seat on the Sanderson Farms, Inc. Board. 'We are honored to be acknowledged once again by such an admirable organization,' said Joe F. Sanderson, Jr., CEO and Chairman of the Board of Sanderson Farms. 'We have so many intelligent, hard-working women making a difference through their positions here at Sanderson Farms. Their contributions are vital to our operations.
A non-profit grassroots campaign, 2020 Women on Boards seeks to increase the percentage of women who serve on U.S. company boards to 20% or greater by the year 2020. The organization strives to educate corporate stakeholders on the importance of board diversity.
How L.A. Women can Keep Shrinking the Corporate Gender Gap: Guest CommentaryPress-Telegram March 9, 2017
Acquiring a board seat, whether for a non-profit organization or for-profit company, is a matter of being in the right networks. Joining a for-profit board is an aspirational goal, often requiring specific industry and C-suite-level executive experience. So how can women who want to serve on boards best position themselves for these coveted positions?
As the recent keynote speaker at the Los Angeles gathering of 2020 Women on Boards, a national organization dedicated to increasing female representation on U.S. company boards, Sempra Energy Chair and CEO Deborah Reed identified numerous factors that contributed to her success, including being a productive problem solver and a good team player; recruiting great mentors and sponsors to support her journey; taking career risks and being willing to be uncomfortable to expand experience and expertise.
Stocks To Watch For- Yamana Gold Inc. (USA) (NYSE:AUY), Chico’s FAS, Inc. (NYSE:CHS)Wall Street News 24 March 9, 2017
Chico’s FAS, Inc. (NYSE:CHS), after opening at $13.60, closed at $13.78 .The last session’s volume of 2.64 million shares was higher than its average volume of 2.62 million shares.
The stock was able to keep return on assets at 8.02% in the trailing twelve month while Reuters data showed that industry’s average stands at 4.06% and sector’s optimum level is 6.41%.
Turning to market valuation, the P/E ratio is 19.86, the P/S ratio is 0.74 and the P/B ratio is finally 2.86. The stock is down -4.24% in this year through last close, and the beta ratio has a value of 0.67. Chico’s FAS, Inc. has been designated a 2020 Women on Boards Winning Company for having 20% or more of its board seats held by women. Female directors comprise 44% of Chico’s FAS’ board seats. In addition to the impressive representation on its board, 81% of Chico’s FAS’ executive committee is female.
For the 6th Consecutive Year, Chico's FAS, Inc. is Recognized for Gender Diversity on its Board of DirectorsYahoo Finance March 8, 2017
FORT MYERS, Fla., March 8, 2017 /PRNewswire/ -- Chico's FAS, Inc. has been designated a 2020 Women on Boards Winning Company for having 20% or more of its board seats held by women. Female directors comprise 44% of Chico's FAS' board seats. In addition to the impressive representation on its board, 81% of Chico's FAS' executive committee is female.
"Chico's FAS is committed to women's empowerment and leadership," said Shelley Broader, President and CEO of Chico's FAS, Inc. "As a Company that serves women, we recognize and value the immense contributions that women make every day in our boardroom, on our executive team and throughout our organization."
2020 Women on Boards is a non-profit, grassroots campaign committed to increasing the percentage of women who serve on company boards to 20% or greater by the year 2020. According to 2020 Women on Boards, the number of women on public company boards sits at just 19.7%.
Where Women Lead in Tampa Bay Boardrooms — and Where They Don’tTampa Bay Business Journal January 30, 2017
About 16.5 percent of the boardroom seats at Tampa Bay’s largest public companies are held by women.
That’s a gain from about a year ago, when women held 14.3 percent of the board seats at local firms, although Tampa Bay public companies as a group continue to lag the rest of the United States in female representation on their boards.
Nationally, women hold 19.7 percent of board seats at 810 U.S. companies in the 2020 Women on Boards index, bizwomen.com reported.
The organization aims to increase the percentage of women on U.S. company boards to at least 20 percent by the year 2020. Diversity is essential to good corporate governance and boards that reflect company stakeholders, including customers, employees and shareholders, create better shareholder value, the organization says.
Safr, the Ride-Hailing Service for Women, Is Officially LaunchingBostinno January 27, 2017
Stephanie Sonnabend, former CEO of Sonesta Hotels and a Safr board member, said in a statement that women have been held back from becoming drivers for ride-hailing services in the past because of concerns about safety. While the ride-hailing industry is a $9 billion market, women only comprise one-quarter of drivers and make 34 percent less than male drivers, the company said, though it did not provide any citations from where the statistics came from.
"Safr wants to change the paradigm in ride-sharing with a platform of women driving women, creating a safe and empowering opportunity for all women," Sonnabend, also co-founder of 2020 Women on Boards, said.
For drivers, Safr appears to be offering a unique financial benefit in the ride-hailing industry: actual equity in the company. The company said drivers will gain "an increased stake in the company commensurate with their hours of driving and number of driver referrals." In addition, the company will take a 10 percent commission for the first 1,000 drivers. The company said it will also provide a "package of financial planning and other supportive services to drivers that will further empower them to maximize their financial freedom."
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