ION Report Makes Case for Gender Diversity on Corporate Boards

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					ION Report Makes Case for Gender Diversity on
Corporate Boards
Seventh Annual Status Report Finds Women Hold Just 8-18% Board Seats; Highlights Forward-
Thinking Institutional Investors, Discusses How Change Happens

March 07, 2011 05:06 PM Eastern Time 

BOCA RATON, Fla.--(EON: Enhanced Online News)--The InterOrganization Network (ION) has released its
Seventh Annual Status Report of women directors and executive officers of public companies in 14 regions of the
United States. Key findings from data collected by ION’s fourteen member organizations include:

    l   Women hold between 8 and 18 percent of board seats in companies included in the research
    l   In Fortune 500 Companies surveyed, women hold between 12 and 20 percent of board seats
    l   In the 14 regions surveyed, percentages of companies with boards on which women comprise 25 percent or
        more range between 0 and 29 percent, and percentages of companies with no women directors range
        between 8 and 50 percent

“While the number of women on boards and in the executive suite has gone up only slightly compared to last year,
there are more public companies that agree gender diversity makes good business sense. Educating investors and
shareholders about how to advocate for an increased number of women in the boardroom is essential to making
change happen. We will continue to work with public companies and their stakeholders to leverage the value from a
gender diverse board,” said ION President Charlotte Laurent-Ottomane.

The report highlights institutional investors supporting gender diversity at the top, including Calvert Investments, Pax
World Management, Walden Asset Management, Trillium Asset Management, Connecticut State Treasurer Denise
Nappier, CalPERS and CalSTRS, and provides an action plan for investors who wish to benefit from improved
governance.

About ION

The InterOrganization Network (www.IONwomen.org) is a national nonprofit organization representing more than
10,000 women dedicated to increasing representation of women on for-profit boards and in executive suites. ION
creates a national voice for its 14 regional member organizations to influence, build awareness and expand
opportunities and connections. ION’s founding sponsor is KPMG LLP, the audit, tax and advisory firm and U.S.
member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms
have 137,000 professionals, including more than 7,600 partners in 144 countries.

Contacts
ION
Charlotte Laurent-Ottomane, 561-395-4581
President
or
c3PR
Mar Junge, 408-730-8506
Principal
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