Forté Foundation Extends Initiative to Increase Women on Corporate Boards
Earlier this summer, the Forté Foundation extended to the United States an initiative originally launched in Europe to increase the number of women serving on corporate boards. “Qualified board-ready women do exist, and we are using our unique relationship with U.S. business schools to make these accomplished individuals visible to decision makers,” Elissa Ellis Sangster, Forté executive director, said in a statement.
In late June, Forté – a consortium of corporations, business schools and nonprofits focused on directing talented women toward positions of leadership in business – asked each of its 33 U.S. MBA partner schools to supply at least five board-ready women. An earlier collaboration between Forté, its five European business school members and the European Commission yielded a repository of 7,000 vetted and board-ready women culled from school alumnae, faculty and staff members.
The success of the European initiative inspired Forté to expand its call for board-ready women to the United States. Forté plans to release a separate list of U.S.-based board-ready women at the end of this year.
As the European schools have done, U.S. member schools will identify a point of contact to reach out to the full list of board-ready women from each institution. Forté also will consider self-nominations from its membership of 60,000 professional women.
“As the only organization that unites top business schools around the topic of women in business, we consider it our responsibility to take concrete steps to promote gender parity in corporate boardrooms,” Sangster said in a statement. Forté announced the expansion of the initiative to the United States at its annual Sponsor Meeting in Los Angeles on June 28th. The event included a panel entitled, “Corporate Boards: Where are the Women?”
Learn more about the Forté Foundation initiative to increase the presence of women on corporate boards.
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