In June, Women Serve on Boards sent letters to two of the twenty-four Fortune 500 companies that had zero women serving on their Board of Directors. Women make up over half of the professional workforce, yet many difficulties prevent them from serving on boards. While strides have been made to increase the number of board seats held by women, the gender gap remains wide and at the current rate, as many as forty years away from achieving an even balance among male and females.
Women Serve on Boards is committed to helping women hold leadership positions within companies and gaining the experience and knowledge necessary to serve on Boards of Directors. In our efforts, we sent letters to various executives and directors at Discovery Communications, Inc. and Lank O’Lakes, Inc. encouraging them to select and mold trusted candidates to serve as Board members.
Without women, these companies may fall behind competitively and miss a huge financial opportunity for ROI performance results. We strongly urged these companies to leverage their existing female executives’ talent, and voice their willingness to consider and evaluate women as potential board candidates. Read letters below.