Caleres Honored as a Corporate Game Changer by Women’s Forum of New York at 2017 Breakfast of Corporate Champions
November 14 2017 - 12:00PM
Business Wire
With 55 percent female board representation,
Caleres was recognized for its strides towards gender parity in the
boardroom
Today, Caleres (NYSE: CAL) and Diane Sullivan were honored
by the Women’s Forum of New York at the fourth biennial Breakfast
of Corporate Champions for achieving at least 25 percent female
representation on their board. The company, which has a
representation of 55 percent women on their board, was applauded as
a corporate game changer who is making special efforts to advance
women in the boardroom.
“The days of selecting a homogeneous board is antiquated and for
good reason,” said Sullivan. “The insights and perspectives we gain
from diversifying our board, up to 55 percent this year, will help
to propel us into the new and fast-changing global consumer
landscape. It’s an honor to again be recognized by the Women’s
Forum of New York.”
Caleres added two additional female members to their board in
2017: Brenda Freeman and Wenda Harris Millard. These new
appointments lead to Caleres being recognized as having 55 percent
of their board seats held by women, up from 40 percent in 2016.
Seven women sit on the Caleres Board of Directors including:
- Brenda Freeman, chief marketing officer
at MagicLeap
- Lori Greeley, chief executive officer
at Serena and Lily
- Carla Hendra, global chairman of
OgilvyRED
- Patricia G. McGinnis, professor of
practice at George Washington University, Trachtenberg School of
Public Policy and Public Administration
- Wenda Harris Millard, vice chairman at
MediaLink
- Diane Sullivan, CEO, president and
chairman of Caleres
“We congratulate Caleres and their work towards achieving
a greater gender balance in their boardroom,” said Janice Reals
Ellig, CEO, The Ellig Group and Chair of the event. “Caleres knows
that more women on boards is smart business and their continued
success is an inspiration to others."
The event brought together an audience of over 600, including
CEOs and Board Directors along with business leaders, government
officials, thought leaders and influential media in special
recognition of forward-thinking companies.
This year's Breakfast of Corporate Champions kicked off with a
call to action from tennis legend Billie Jean King, who founded the
Billie Jean King Leadership Intiative with Teneo four years ago, to
foster more inclusive leadership including more representation of
women and diversity in corporate America. The highest honor, the
Muriel F. Siebert Leadership Award, will be presented to Mary
Barra, CEO of General Motors, for under her leadership, the company
became the first major industrial corporation to achieve gender
parity on its board.
The awards presentation was followed by three executive panel
discussions moderated by highly respected reporters in the media
industry. Rebecca Jarvis of ABC News moderated the Gender Diversity
Creates Shareholder Value panel, Susan Chira of The New York Times
moderated the Getting to Parity by 2025 panel and Andrew Ross
Sorkin of CNBC moderated the CEO Panel: CEO Game Changers. Each
panel discussed details about why and how top U.S. companies can be
game changers who make real progress in the path to parity. This
year’s program concluded with a keynote by Ronald P. O’Hanley,
President and CEO of State Street Global Advisors, encouraging
attendees and associated companies to take action in the path to
gender parity by 2025.
For more information on about Caleres please visit
www.caleres.com. Or to learn more about the Women's Forum
of New York and the Women's Forum CEO-Sponsored Database,
please visit https://www.womensforumny.org/.
ABOUT CALERES
Caleres is a diverse portfolio of global footwear
brands. Our products are available virtually everywhere - in
the over 1,200 retail stores we operate, in hundreds of major
department and specialty stores, on our branded e-commerce sites,
and on many additional third-party retail websites. Famous Footwear
and Famous.com serve as our Family brands. Our
Contemporary Fashion brands include Sam Edelman, Allen Edmonds,
Franco Sarto, Vince, Via Spiga, George Brown Bilt, Diane von
Furstenberg, Fergie Footwear and Carlos Santana. Naturalizer, Dr.
Scholl's Shoes, LifeStride, Bzees and Rykä represent our Healthy
Living brands. Combined, these brands help make Caleres a company
with both a legacy and a mission. Our legacy is our more than
130-years of craftsmanship, our passion for fit and our business
savvy, while our mission is to continue to inspire people to feel
good…feet first. Visit caleres.com to learn more
about us.
About the Women's Forum of New York
The Women’s Forum of New York is the city’s premier organization
of women leaders. The invitation-only membership of more than 500
women, representing the highest levels of achievement across all
professional sectors from finance to fine arts, is dedicated to the
advancement of women’s leadership through programs which enrich
members lives personally and professionally, through The Education
Fund which enables talented women whose potential has been
disrupted by extreme adversity to resume their education, and
through the Corporate Board Initiative, which extends and expands
the contribution of women leaders through corporate board
participation. Founded in 1974, the Women's Forum of New
York is the flagship of the International Women's Forum, a
global organization of over 6500 outstanding women leaders in over
74 Forums around the world.
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CaleresKelly Malone, 314-854-4093kmalone@caleres.com
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