SXSW 2023
Black Women Breaking Boardroom Barriers
Description:
Fortune 500 companies want to serve the world, but to do that, there must be diverse perspectives, voices and insights around the executive table. Historically, there have been a mountain of systemic, invisible barriers making it virtually impossible for Black women to have a seat in the boardroom. Now, a group of exceptional Black women are changing the game in corporate America. Founder of Black Women on Boards Merline Saintil and BWOB members Gina Loften and Shannon Nash are veteran executives bringing together powerful women of color who have more than proven that diversity improves business results. Moderated by Fortune's Ruth Umoh, they will discuss how they are helping place Black women in corners of power in the business ecosystem and opening doors for the next generation.
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Takeaways
- Black women represent ~11.4% of the US population, but hold only 4% of S&P 500 board seats. Of the 150 BWOB members, 61% are on corporate boards.
- We accelerate the progress of Black women on boards by preparing, placing, and propelling them into leadership roles on boards.
- The combined market cap of public companies with members of Black Women on Board on their own executive boards amounts to $4.46 trillion.
Speakers
- Merline Saintil, Founder; Fortune 500 Board Director, Black Women on Boards; Board Director at Gitlab, Rocket Lab, Symbotic, TD Synnex
- Gina Loften, Public Board Director | C-Level Executive | Advisor | Author | Speaker, Gina Loften, LLC
- Shannon Nash, Chief Financial Officer, Wing, a subsidiary of Alphabet, Inc.
- Ruth Umoh, Editor, Leadership, Fortune
Organizer
Tori Robertson, Marketing & Communications Manager, Sapphire Ventures
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