Ms. Axelrod’s article presents numerous compelling data points: “Companies with three or more women on the board outperform companies with all-male boards by 60 percent in return on invested capital, 84 percent in return on sales, and 60 percent in return on equity.” Hello? How can nominating and governance committees ignore that data?
Proxy season is about to go into full swing. Make a New Year’s resolution for your public company now before you nominate your next slate. Then tweet all about it.
And not to spook you, but a shout out to ISS and Glass Lewis: are YOU listening? We all know how much power and influence you have… Use it well.