Union Pacific – Board Diversity – 2016
WHEREAS: Union Pacific has one woman on its Board of Directors. We believe that diversity, inclusive of gender and race, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms the strong business case for diversity on corporate boards. For example, several studies suggest a critical mass of at least three women directors strengthens corporate governance. The August 2012 Credit-Suisse Research Report Gender Diversity and Corporate Performance links board diversity to better stock market and financial performance (higher return on equity, lower leverage and higher price/book ratios). It suggests several explanations for this …
Discovery Communications – Board Diversity – 2016
WHEREAS: Discovery Communications does not have any women on its Board of Directors. Yet, in 2012, Discovery Communications amended its Corporate Governance Guidelines to include a commitment to diversity inclusive of gender, race, and ethnicity in its nomination criteria. We believe that diversity, inclusive of gender and race, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms the strong business case for diversity on corporate boards. For example, the August 2012 Credit-Suisse Research Report Gender Diversity and Corporate Performance links board diversity to better stock market and financial performance (higher return on …
Palo Alto Networks, Inc. – Board Diversity (2015)
WHEREAS: Palo Alto Networks does not have any women on its Board of Directors; Our company’s peers, Symantec and Juniper Networks have three women and two women, respectively, on their Boards of Directors. Check Point Software and FireEye each have one woman director; Ninety-two percent of S&P500 boards include at least one woman, and the average for the index is two women directors (2014 ISS Board Practices Study). Nearly eighty percent of MidCap companies have at least one woman director. We believe that diversity, inclusive of gender and race, is an essential measure of sound governance and a critical attribute …
Citrix Systems – Board Diversity (2015)
WHEREAS: Citrix Systems has one woman on its Board of Directors. We believe that diversity, inclusive of gender, race and ethnicity, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms a strong business case for board diversity. For example, several studies suggest a critical mass of at least three women directors strengthens corporate governance (research from Schwartz-Ziv, Miriam, Does the Gender of Directors Matter? (2013); Kramer,V.W., Konrad A.M. & Erkut, S. (2006) Critical mass on corporate boards: Why three or more women enhance governance.) A 2012 Credit-Suisse Report, Gender Diversity and Corporate …
Discovery Communications – Board Diversity (2015)
WHEREAS: Discovery Communications does not have any women on its Board of Directors. Yet, in 2012, Discovery Communications amended its Corporate Governance Guidelines to include a commitment to diversity inclusive of gender, race and ethnicity in its nomination criteria. We believe that diversity, inclusive of gender, race and ethnicity, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms a strong business case for diversity on corporate boards. For example, the 2012 Credit-Suisse Research Report Gender Diversity and Corporate Performance links board diversity to higher return on equity, lower leverage, and higher price/book …
eBay, Inc. – Board Diversity (2015)
WHEREAS: eBay has one woman on its Board of Directors. We believe that diversity, inclusive of gender and race, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms a strong business case for board diversity. For example, several studies suggest a critical mass of at least three women directors strengthens corporate governance (research from Schwartz-Ziv, Miriam, Does the Gender of Directors Matter? (2013); Kramer,V.W., Konrad A.M. & Erkut, S. (2006) Critical mass on corporate boards: Why three or more women enhance governance.) An August 2012 Credit-Suisse Report Gender Diversity and Corporate Performance …
Chipotle Mexican Grill – Board Diversity (2015)
WHEREAS: Chipotle Mexican Grill has one woman on its Board of Directors. We believe that diversity, inclusive of gender and race, is a critical attribute of a well-functioning board and a measure of sound corporate governance. Research confirms a strong business case for diversity on corporate boards. For example, several studies suggest a critical mass of at least three women directors strengthens corporate governance (research from Schwartz-Ziv, Miriam, Does the Gender of Directors Matter? (December 2, 2013); Kramer,V.W., Konrad A.M. & Erkut,S.(2006) Critical mass on corporate boards: Why three or more women enhance governance.) An August 2012 Credit-Suisse Research Report …
Board Diversity – Cerner Corporation (2014)
WHEREAS: Cerner Corporation has one woman on its board of directors. Athenacare, a healthcare sector peer, has two women on its board. Baxter and Becton Dickinson, healthcare companies similar in size to our company have two women and three women on their boards, respectively. A 2012 report by the business-led Committee for Economic Development entitled Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive notes that the percentage of women on all U.S. corporate boards has been below 13% for a decade; The National Association of Corporate Directors released a report in …
Board Diversity – Westinghouse Air Brake Technologies Corporation (2014)
WHEREAS: Westinghouse Air Brake Technologies Corporation does not have women on its board of directors nor in senior executive positions; Our company’s peers , WABCO Holdings and Trinity Industries, have women on their board of directors; A 2012 report by the business-led Committee for Economic Development entitled Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive notes that the percentage of women on all U.S. corporate boards has been below 13% for a decade; We believe that diversity, inclusive of gender and race, is an essential measure of sound governance and a …
Board Diversity – Cree, Inc. (2013)
WHEREAS: Cree, Inc. does not have women on its board of directors; Our company’s peers GT Advanced Technologies and Arrow Electronics have two women on their board of directors; Hubbell, Inc. and Orion Energy Systems each have one woman on their board of directors; A 2012 report by the business-led Committee for Economic Development entitled Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive notes that the percentage of women on all U.S. corporate boards has been below 13% for a decade. We believe that diversity, inclusive of gender and race, is …
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