In the Nation's Interest
CED Releases “Fulfilling the Promise”
America is falling behind other nations in promoting women to the highest levels of corporate leadership and companies must take steps to boost the number of women on corporate boards to ensure that the United States remains competitive in the global economy. That is the central finding of a new report, Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive, from the Committee for Economic Development (CED). The report examines the current state of corporate boards and urges companies to expand opportunities for women and make it a priority to develop the talents and advance the careers of female staff who have been identified as potential leaders.
On Monday, June 25th CED convened 100 business leaders for a forum featuring the latest report from the Women's Economic Empowerment Subcommittee in New York. The event featured James Turley, Chairman and Chief Executive Officer of Ernst & Young and a panel including Joanna Barsh, Director at McKinsey & Company; Gail Becker, Chair of Canada & Latin America and President of U.S. Western Region; Beth Brooke, Global Vice Chair of Public Policy, Ernst & Young; and Nels Olson, Vice Chairman and Co-Leader of Board & CEO Services, Korn/Ferry International.