THE BLOG

Women On Boards: A Call To Action With Bloomberg’s Peter T. Grauer

08/24/2017 10:01 EDT | Updated 08/24/2017 17:24 EDT

The Women’s Forum of New York salutes Peter Grauer and Bloomberg as corporate champions for advancing women on corporate boards and inspiring other companies to follow suit. Peter T. Grauer, Chairman of Bloomberg LP and Founding Chairman of the US 30% Club, cites that the pace of change at the board level has been moving at a glacial speed of less than 1% per year for the last 20 years. That percentage is not nearly where it needs to be and it is unacceptable. CEOs and chairmen, and anyone at the top of an organization – this change starts with you.

The most evident and most important reason to diversify corporate boards is performance. Diversifying at the top of your organization has statistically proven to positively impact business. So how can companies make this happen? To start, company leadership must set the tone at the top towards an intentional focused movement for gender equality in the boardroom. As Peter says, it is not a pipeline issue; the talent is there and “it is up to us as CEOs and Chairs to make the difference and make it happen.”

Join us in New York this November for the 2017 Breakfast of Corporate Champions, where we honor companies who are making it happen and hear leading CEOs share why gender balance in the boardroom is just smart business.