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NOTEBOOK: Shortage of qualified women for boards? Nope

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Peter T. Grauer, chairman of Bloomberg LP, writes that the common statement among men who are directors that there aren’t enough board-qualified women is false. “The data tells us this simply isn’t true,” Grauer writes in a blog (http://bloom.bg/2gwm6v6). “A recent study looked at more than 8,500 females at the executive committee level of public U.S. companies: women with some of the most sought-after backgrounds and experiences for corporate directorships. Yet just 14 percent of these women are currently serving as board members and only 21 percent have experience as a director. Examining a smaller pool of females with CFO/financial executive experience — the second most commonly desired background for board members — reveals that fewer than 24 percent have served on a board.”