UK Business Leaders Call for More Women on Boards
17 Top (Male) Managers Sign Letter Urging Greater Diversity
“This is a significant milestone. These leaders in business and the public sector have declared their determination to change the status quo.”
In a letter to the Daily Telegraph, 17 heads of British companies reaffirmed their support for gender diversity on corporate boards and other top management arenas. Their letter made these points:
- Just 12 percent of the FTSE 100 directorships are held by women, a doubling since 2000 but inadequate, the 17 managers say, to foster innovation and cultivate the best talent available.
- The signatories, which include the chairmen of J Sainsbury and BP, belong to the FTSE 100 Cross-Company Mentoring Programme, through which they advise senior businesswomen who show boardroom-quality promise.
- Eight women involved in the 32-company, 3-year-old Mentoring Programme have been appointed to FTSE 100 company boards, with five more reaching non-executive board status.
“The current economic and financial crisis gives us the opportunity to insert gender into the re-writing of the rules. We need new people at the table — people who are not associated with the past.”
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