U.S. Bancorp to Be Honored by Women's Forum of New York for Advancing Gender Parity in the Boardroom
June 20 2019 - 10:18AM
Business Wire
With 35 Percent Female Board Representation,
U.S. Bancorp to be Recognized at 2019 Breakfast of Corporate
Champions for Raising the Bar and Accelerating Toward
Gender-Balanced Boardrooms by 2025
U.S. Bancorp will be recognized by the Women’s Forum of New York
at its Breakfast of Corporate Champions on November 7 for achieving
at least 30 percent female board representation. This benchmark
biennial event brings together more than 600 thought leaders and
change-makers, including CEOs, Board Directors and government
officials, in support of one shared goal – achieving 50/50 gender
parity in the boardroom by 2025.
With a corporate board comprised of 35 percent women, U.S.
Bancorp exceeds the national average for female-held board seats,
which is currently 23.4 percent.
“Our company is stronger because of our Board of Directors and
the talent, experience and unique perspectives they bring,” said
Andy Cecere, U.S. Bancorp Chairman, President and CEO. “That
strength is complemented by the diversity the Board presents and by
the caliber of women seated at the table. Their leadership is
exemplary, and we’re better because of them. We remain committed to
accelerating more women into senior leadership and Board positions
throughout our organization.”
U.S. Bancorp will join 323 S&P 500/Fortune 1000 companies
that will be honored at the 2019 Breakfast of Corporate Champions
on November 7 in New York City. Roger W. Ferguson, Jr., President
and CEO, TIAA and Maggie Wilderotter, former Executive Chair and
CEO of Frontier Communications are Co-Chairs for this year’s event.
They will be joined by an impressive lineup of leading CEOs and
Directors, who will speak on why gender balance in the boardroom is
a strategic business imperative and how to accelerate the path
toward parity, including:
- Michele Buck, President and CEO, The
Hershey Company
- Michael Corbat, CEO, Citigroup
- Mary N. Dillon, CEO, Ulta Beauty,
Inc.
- Hubert Joly, Executive Chairman, Best
Buy Co. Inc.
- Margaret Keane, President and CEO,
Synchrony Financial
- Larry Merlo, President and CEO, CVS
Health
- Patricia F. Russo, Non-Executive
Chairman, Hewlett Packard Enterprises
- Meg Whitman, former CEO,
Hewlett-Packard
“On behalf of the Women’s Forum of New York and our more than
500 members who have achieved at the highest levels in every
professional sector, we salute U.S. Bancorp for actively enhancing
its boardroom diversity and increasing its percentage of
woman-occupied board seats to 35 percent,” said Janice Ellig, CEO
of the Ellig Group and Chair and Founder of the Breakfast of
Corporate Champions. “U.S. Bancorp is part of a growing number of
forward-thinking companies which are raising the bar and
accelerating the U.S. towards the goal of gender parity by
2025.”
The 2019 Breakfast of Corporate Champions takes place on
November 7 at Cipriani 42nd Street, in New York City from 7:30 to
10:30 a.m. To learn more about the event, review sponsorship
opportunities or purchase tickets to attend, visit:
www.womensforumny.org
About U.S. BancorpU.S. Bancorp, with 74,000 employees and
$476 billion in assets as of March 31, 2019, is the parent company
of U.S. Bank, the fifth-largest commercial bank in the United
States. The Minneapolis-based bank blends its relationship teams,
branches and ATM network with mobile and online tools that allow
customers to bank how, when and where they prefer. U.S. Bank is
committed to serving its millions of retail, business, wealth
management, payment, commercial and corporate, and investment
services customers across the country and around the world as a
trusted financial partner, a commitment recognized by the
Ethisphere Institute naming the bank a 2019 World’s Most Ethical
Company. Visit U.S. Bank at www.usbank.com or follow on social
media to stay up to date with company news.
About the Women's Forum of New YorkThe Women's Forum
of New York is the city's premier organization of women leaders.
The invitation-only membership of more than 500 women represents
the highest levels of achievement across all professional sectors
from finance to fine arts. The organization is dedicated to the
advancement of women's leadership through programs which enrich
members' lives both 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 6,500 outstanding women leaders in over
74 Forums around the world.
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Rebekah Fawcett, 612-303-9986rebekah.fawcett@usbank.com
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