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Article

16 Feb 2012

Author:
30% Coalition [USA]

The 30% Coalition Launches Critical Mass Campaign to Dramatically Increase Number of Women on Corporate Boards

Twenty-seven industry thought leaders, including senior executives of major U.S. companies, founders of powerful women's organizations, institutional investors, corporate governance experts and board members, gathered for a high-level summit in late 2011 to address the lack of gender diversity in corporate boardrooms. Prompted by what participants called “glacial progress” on increasing the number of women on U.S. corporate boards – a number which has essentially remained stagnant over the past five years – the leaders formed The 30% Coalition. Today, the Coalition launched a “Critical Mass Campaign” targeted at CEOs, institutional investors and other stakeholders to secure a minimum of 30 percent multicultural women on every US-based publically listed company board of directors by the end of 2015. [refers to Campbell Soup, Hopgood Group, KPMG, Kurtsam Realty]