The Power of Gender Diversity in the Boardroom and C-Suite
Did you know that…
Increasing Women in Corporate Leadership from 0% to 30% => 15% Increase in Profitability
Female Representation in Top Management > 15% vs. < 10% => 5% Increase in Return on Equity
Increasing the Number of Women on the Boards Even if Diversity Already Exists => ~1% Increase in Return on Assets
When Employees Believe their Organization is Committed to Inclusion => 83% Increase in Ability to Innovate
Did you also know…
Women are the primary breadwinner in over 40% of U.S. households and comprise more than 50% of stock owners.
U.S. women currently control $10.9 trillion in assets; by 2030, that could grow to as much as $30 trillion in assets.
Women started 1,817 net new businesses a day in 2019, employing 9.4 million in 2019 and recording $1.9 trillion in revenues.
Women now receive nearly 60% of all degrees, make up 50% of the workforce and, prior to the pandemic, held more jobs in the U.S. than men.
This session will focus on the substantial body of research supporting the business case that diversity drives returns. It will help the audience understand how Community Banks can harness this opportunity and gain a competitive edge by making gender diversity in the c-suite and board room a strategic priority.
PANELISTS:
Jennifer Docherty
Co-founder, Bank on Women
Associate General Counsel and Managing Director, Piper Sandler & Co.
Terrie Spiro
Co-founder
Bank on Women
Miranda LeKander
Special Counsel – Diversity, Equity & Inclusion
California Department of Financial Protection and Innovation
Krista Snelling
President & Chief Executive Officer
Santa Cruz County Bank