Strong support for public company board gender diversity initiative voiced by CEO Doug Payne
Newport Board Group, the national professional services firm of CEOs and senior executives, has announced that it is joining the Thirty Percent Coalition.
As explained on the Coalition’s website, the Thirty Percent Coalition is a "national organization of over 70 members committed to the goal of women holding 30% of board seats across public companies by the end of 2015. Founded in late 2011, the Coalition includes senior business executives, national women's organizations, institutional investors, corporate governance experts and board members for the first time working together to drive the pace of change."
Newport Board Group CEO Doug Payne commented: "Newport is proud to join this important initiative. We see the Thirty Percent Coalition as both an important step forward for women in business and as a way for Newport to help drive the success of its growing number of women partners, who have impressive accomplishments as business and civic leaders. Our firm looks forward to playing a prominent role in the Coalition’s important work. For our part, Newport has committed that, as our board grows along with our company, the next director appointed to our board will be a woman.”
Women in Business: The Success of Newport Partners
Newport women partners are currently playing high profile roles with public and private companies and with prestigious corporate governance organizations. Pacific Northwest Managing Director Colleen Brown, a long-time media industry executive, was recently named Chairwoman of American Apparel. Seattle Managing Director Annette Jacobs is co-chair and co-founder of the Seattle Chapter for Women Corporate Directors as well as a board director and past president of the PNW Chapter of National Association of Corporate Directors (NACD).
Also, as a long-time director of Nu Skin Enterprises, a $3 billion NYSE-listed international consumer products company operating in more than 50 markets, New England partner Patricia Negron advises Nu Skin’s management on strategy development, market positioning and risk management.
