The NYSE launched an advisory council to assist boards in recruiting diverse director candidates by leveraging the personal networks of the 15 founding member CEOs. Companies represented on the new NYSE Board Advisory Council include: American Water Works, Avon, com, Inc., The Container Store, Coca-Cola, Delta Air Lines, Hertz, Johnson & Johnson, Merck, MSCI, Procter & Gamble, Rent the Runway, Slack, State Street Global Advisors, and Twilio Inc.
NYSE Executive Vice Chairman and Co-Chair of the Council, Betty Liu, commented:
It’s incredible to see CEOs of our NYSE community come together on this mission and join the NYSE Board Advisory Council. Board recruiting can be a difficult, time-consuming activity. At the same time, getting placed on a board can seem like a mysterious process where you need to know the right people. With the formation of this Council, we hope to smooth and accelerate this process for our NYSE community, while at the same time directly addressing the need for more diversity on corporate boards. I believe we’ll make a meaningful impact on creating a more inclusive future.
The Council reportedly will introduce qualified diverse candidates to NYSE-listed companies seeking to expand diversity on their boards through a series of events.
Access additional board diversity recruitment and other resources on our Board Diversity page. This post first appeared in the weekly Society Alert!