The Last All-Male Board On The S&P 500 Just Added A Female Member

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The last remaining all-male board on the S&P 500 just added a female board member by ruthumohnews

There is now a woman on the board of every S&P 500 company.

Morefield, 61, is the chief financial officer of real estate investment firm CyrusOne and served as a real estate banker with Barclays Bank earlier in her career. Increased pressure from big investors like BlackRock, changing public sentiment in the #MeToo era and research linking board diversity to better financial performance have all spurred companies to recruit more women to their boards.

Shortly after, New Jersey introduced a similar proposal that would require public companies with more than five directors to have at least three women on their board by 2021.

Source: News Formal (newsformal.com)

 

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