Friday, March 20, 2015

Many U.S. boards lack vision, just tick boxes in search for women directors


(Reuters) Linda Hudson, former CEO of the U.S. arm of British defense company BAE Systems Plc, is among the women that boards call on when they are looking for a female director. In the past two years, she has been approached about 18 times, but the retired executive turns down most of the approaches, she said.

The demand for the 64-year-old Hudson underscores an issue women directors are noticing: companies may be talking about how they want to have more diverse boards but a lot aren't putting in the effort needed to make it happen. This is reflected in the many requests women already on boards get to join more, while those who are qualified but haven’t yet tasted life as a director get none.


Read full article here.

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