NOTEBOOK: Shortage of qualified women for boards? Nope
PERRY BEEMAN Dec 16, 2016 | 12:00 pm
1 min read time
126 wordsBusiness Record Insider, The Insider NotebookPeter 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.”