June 27, 2013: AESC Offers Enhanced Access to Executive Search Community for 8,000 Female Executives Identified as Board-Ready by the GBRW affiliated Top Business Schools, Corporate Women and Professional Organizations the World Over

NEW YORK/BRUSSELS – June 27, 2013 – The global Association of Executive Search Consultants (AESC) and their BlueSteps.com service join forces with the European Commission, leading business schools, corporate women and professional organizations from around the world, gathered together in the GBRW – Global Board Ready Women initiative in support of gender diversity on corporate boards. The announcement has been made at dual press conferences in New York at the Forte Foundation, a founding member of the GBRW and in Brussels at the European Commission with the European Business Schools/Women on Board initiative.In response to EU Justice Commissioner Viviane Reding’s and the European Business Schools/Women on Board initiative’s call to action, stressing the positive contribution which executive search consultants can make to promote gender diversity on corporate boards, the AESC is pleased to announce the adoption of a European voluntary Code of conduct for executive search firms, (in appendix) – now valid across Europe.The AESC is also offering all 7,500+ female executives of the Global Board Ready Women (GBRW) database, identified as board-ready by the European Business Schools/Women on Board initiative and the Forte Foundation, complimentary membership to BlueSteps, the career management service of the AESC, developed uniquely for senior executives and board candidates.

AESC President,Peter Felix, commented: “This dual initiative is reflective of the AESC’s support for gender diversity in top-level recruitment, and of our members’ commitment in assisting female executives in their pursuit of key board and leadership roles. Through BlueSteps, all Global Board Ready Women (GBRW) will have the opportunity to place their career profiles at the fingertips of 8,000 AESC member executive search professionals who use BlueSteps as a source for their executive and board search mandates. In addition, AESC members will have the opportunity to connect their search mandates to suitable candidates within the Global Board Ready Women database. The AESC is proud to support executive-level diversity in connecting its member firms with female executive talent in this way”.

The European Business Schools/Women on Boards Task Force together with the Forte Foundation, who created the Global Board Ready Women (GBRW) database on Linked-In administered by the Financial Times emphasized that the initiative has now become global in a concerted effort to identify and promote senior women executives and professionals who meet strict criteria, in the effort to create global and diverse corporate governance for the 21st Century.

“We have to break the Catch 22 situation where boards can continue to say no to women on the grounds that ‘they don’t have any boardroom experience’,” said Vice-President Reding, the EU’s Justice Commissioner. “It’s time we put to bed the myth that there aren’t enough qualified women to sit in company board rooms. There are—and organisations like the Association of Executive Search Consultants are working to prove it together with the European Business Schools/Women on Board initiative, the Forte Foundation, and their counterparts around the world within the Global Board Ready Women searchable database.”

About The Association of Executive Search Consultants

The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search and leadership consulting industry. The AESC promotes the highest professional standards in retained executive search and leadership consulting through its industry recognized Code of Ethics and Professional Practice Guidelines. For more information, visit http://www.aesc.org.

About BlueSteps

BlueSteps is the executive career management service of the global Association of Executive Search Consultants (AESC). BlueSteps puts executives’ profiles at the fingertips 8,000 AESC member executive search professionals who use BlueSteps as a source for candidates for their executive and board search mandates. BlueSteps also offers a suite of career management tools and services exclusively for top executives. For more information, please visit http://www.bluesteps.com.

About the GBRW- European Business Schools/Women on Board initiative

Started by the European Business Schools/Women on Board Taskforce and supported by the European Commission, Forte Foundation and the Financial Times Non-Executive Directors’ Club, Global Board Ready Women has grown to become a global initiative. Working with more than 180 leading business schools and professional organizations from 70 countries from around the world, the Global Board Ready Women searchable database has been created in an effort to identify and promote Senior Women Executives and Professionals who meet the strict criteria to create a global and diverse corporate governance for the 21st century. The Global Board Ready Women searchable database is on Linked-In and administered by the Financial Times Non –Executive Directors Club.

Contact:
julie.morel.bba@edhec.com and info@gtwn.org

About Forte Foundation

Forte Foundation is a non-profit consortium of leading multinational corporations, top business schools in the US and abroad, and the Graduate Management Admission Council. Its mission is to launch women into fulfilling, significant careers through access to business education, opportunities and a community of successful women. Forte is the leading organization that provides a national infrastructure for women at all stages of the career continuum to access the information, scholarship support and networking connections they need to succeed in business careers. Additional information about the Forte Foundation is available online at http://www.fortefoundation.org.

Media Contacts:
Lisa Westlake Chen Forte Foundation lisa@fortefoundation.org (713) 303-9019
Michele Vana Fleishman-Hillard Inc. michele.vana@fleishman.com (212) 453-2214

March 08, 2013: Corporate and Executive Search Firms invited to access database of Global Board Ready Women on International Women’s day

More than 8000 women being vetted by 150 Leading Business Schools and Professional Business Organizations and Associations from 56 countries and growing every day.

European Business Schools/Women on Board initiative notes progress at the Board Level positively influencing pipe.

08 March 2013: The European Business School/Women on Board initiative which launched the Global Board Ready Women (GBRW) searchable database on LinkedIn administered by the Financial Times Non Executive Director’s Club on 12/12/12 is now inviting executive search firms, companies and investors and those looking to make appointments on the boards of publicly quoted firms to access their database, just three months after its launch.

Already the more than 150 leading business schools, professional business organizations and corporate women from 56 countries constituting the initiative have vetted almost 2000 women out of a list of more than 8000 and the database is growing as fast as the candidates can be vetted.

The women in the GBRW searchable database come from all sectors of business from all over the world and are vetted according to quantitative and qualitative criteria established by the business schools and professional associations for service on a publicly quoted firms board before being admitted to the GBRW Database.

http://www.fortefoundation.org/site/PageServer?pagename=gi_boards. Once the qualified women have been accepted in to the GBRW LinkedIn Group, they may also access more than 500,000 corporations and Boards around the world in an agreement arranged by the European Business Schools/Women on Board initiative with BoardEx.

In addition to providing a searchable database of Global Board Ready Women ready to assume the responsibilities of transparent, accountable, global and diverse Corporate Governance in the 21st century, the group is pleased to see that this action has inspired a host of other activities, curricula, awareness, aspirations and human capital development across the entire pipe of women talent. Shattering the glass ceiling of the Board Room enables women to see light at the end of the tunnel. They can now work and aspire towards an achievable goal, helped by those who have gone before them as well as the Business Schools and Professional Business Organizations and Associations, themselves creating synergistic programs amongst themselves to prepare and strengthen the pool of female talent from manager to executive to Board member.

The GBRW welcomes requests from all of the Executive Search Firms and Corporations in the world to join the group and access its growing database of qualified Board Ready Women. Please contact the GBRW Administrator: Heidi Gains (Heidi.gains@ft.com)

All Board Ready Women desiring to join the group should contact their Business Schools or Professional Associations if they are a participating member.

Or contact the GBRW Administrator Julie Morel : julie.morel.bba@edhec.com

June 19, 2012: Women on Boards: Vice-President Viviane Reding meets with leaders of Europe’s business schools and industry

Today, EU Justice Commissioner Viviane Reding met with European Industry Associations, European Business Schools and Senior Executive Women to discuss progress being made on improving the gender balance in company boardrooms.

Despite around 60% of university graduates being female, women still represent only 14% of board members in Europe’s biggest listed companies and only 3% of board presidents. Business schools play a crucial role in equipping young women for a career in business and helping them to reach the top. They are helping women to prepare for professional careers through seminars, training programmes and providing networking opportunities.

“I do not accept the argument that there aren’t enough qualified women to fill supervisory boards – you just need to look at the list of 7 000 ‘board ready’ women that European Business schools published a few months ago to see that there are,” said Vice-President Viviane Reding, the EU’s Justice Commissioner. “The pool of talent is there – companies should now make use of it.”

In September 2011, the European Business Schools and Senior Executive Women launched a call to action to shatter the glass ceilings which impede senior women executives from acceding to corporate boardroom seats throughout Europe. Their ever growing list of “Board Ready Women” – up to 7 000 today from 3 500 in March 2012 – makes it clear that there are more than enough eminently qualified women to help lead Europe’s and the world’s corporations into the 21st century and that it is now time to shatter the ceiling that has kept these women from ascending to these board of directors positions.

Why gender-balanced boards?

In these difficult economic times – when we are facing the challenges of an ageing population and skills shortages, in addition to the financial crisis – it is more important than ever to take advantage of everyone’s skills: both female and male.
There are four main reasons for breaking the glass ceiling on company boards:

• The economic imperative: Getting more women into the labour market is an important factor in improving Europe’s competitiveness. Having more women in the workforce will also help achieve the EU’s goal of raising the employment rate for adults to 75%

• The business case: a growing number of studies show a link between more women in senior positions and companies’ financial performance

• The need for a level playing field: several EU Member States have started to act and have introduced legally binding quotas for company boards. These varyingquota rules are new, and they can be a challenge for businesses operating in several EU countries.

• Public demand: Europeans strongly support better gender balance. In a recent Europe-wide opinion poll, 88% of people said that, given the same qualifications and skills, women should be equally represented in top business jobs and 75% said they were in favour of legislative measures to enforce this.

Background

On 1 March 2011, EU Justice Commissioner Reding met chief executives and chairs of boards of publicly listed companies to discuss the under-representation of women on corporate boards. She challenged all publicly listed companies in Europe to sign up to the “Women on the Board Pledge for Europe” and commit voluntarily to increasing women’s participation on corporate boards to 30% by 2015 and to 40% by 2020 (see IP/11/242 and MEMO/11/124).

A year later, only 24 companies had signed the pledge, prompting the European Commission to launch a three month long public consultation that closed at the end of May, seeking the opinion of citizens and stakeholders. (IP/12/213) The number of responses received shows the great interest in this matter: the Commission received responses from almost 500 individuals, companies, organisations and governments from all over Europe.

The Commission is now analysing the responses and preparing an economic analysis. The Commission’s Legislative Work Programme for 2012 announces a legislative initiative on improving the gender balance in companies listed on stock exchanges.

For more information
European Commission – Gender balance in decision-making positions
Justice Directorate General Newsroom
Homepage of Vice-President Viviane Reding, EU Justice Commissioner

May 07, 2012: European Business Schools/Women on Board initiative responds to “Public Consultation” and adds senior executive women, Business Schools and organizations to their ever‐growing list of “Board Ready Women” in support of European Commission Vice President Viviane Reding’s call to increase Women on Boards to 30 % by 2014 and 40 % by 2020

Momentum grows as initiative adds Italian Parliament, Bocconi, Fondazione Bellisario, EFMD, International Association of University Women, Deutscher Juristinnenbund e.V., (German Women Lawyers Association), Geneva Group International, American Chamber of Commerce in France, and Corporate Women to group.

07 May 2012, Brussels: The European Business Schools/Women on Boards initiative has announced today that the Italian Parliament, Bocconi University, Fondazione Bellisario, the European Federation of Management Development (EFMD), the International Association of University Women ((IAUW), Geneva Group International (GGI), the American Chamber of Commerce in France and Corporate Women have all joined together with the their initiative to support Vice President Reding’s campaign to get more women on Europe’s publicly quoted corporate boards. The European Business Schools/Women on Boards is in particular widening their efforts to identify as many Board Ready Women as possible throughout all the member states of the European Union and beyond since they firmly believe this is a global initiative and that Europe is leading the way.

In an interim report on their progress growing from their inception just a little over 8 months ago, the European Business Schools/Women on Boards initiative announced that they will have doubled the number of their 3500 “Board Ready Women” list published on 07 March to 7000 “Board Ready Women” in just 2 months with the inclusion of the Italian Parliament/Bocconi and Fondazione Bellisario lists as well as the International Association of University Women, Geneva Group International (GGI), the American Chamber of Commerce in France and Corporate Women, and the European Federation of Management Development (EFMD).

The EFMD gathers more than 700 Business Schools and Corporate Members throughout Europe and the world and is the premiere rating agency for business schools. They will now be contacting all of their members to participate in the initiative’s program of listing “Board Ready Women” according to the group’s selection criteria guidelines http://www.edhec.com/html/Communication/womenonboard.html, as well as urging all of their members to respond to Vice President Viviane Reding’s Public Consultation:

In addition, the group’s members will all be replying to the Public Consultation launched by Vice President Reding on this initiative. http://ec.europa.eu/justice/newsroom/gender‐equality/opinion/120528_en.htm

The group notes with satisfaction that since the publication of their Call to Action on 05 December 2011 and their publication of Board Ready Women together with selection criteria guidelines on March 7th, a growing number of business schools, universities and professional associations have shown interest in the work of the EBS/WOD task force.

In the coming months, the group will therefore focus on 3 priorities:

  • Extend the geographical coverage of the list of board‐ready women to more European countries
  • Increase in the number of participating business schools and professional organizations to reflect the full breadth of the European female board‐ready talent pool
  • Growing the Data Base of board‐ready women profiles

Contact: info@gtwn.org

For more information:

http://www.edhec.com/html/Communication/womenonboard.html, http://www.gtwn.org/call_to_action/

May 07, 2012: European Business Schools/Women on Board initiative annouces cooperation with the Italian Parliament Bellisario Foundation and Bocconi in support of European Commission Vice President Viviane Reding’s campaign to attain gender diversity in Europe’s publicly quoted corporations Board

2000 Women to be added to the ever growing list of “Board‐Ready” Women being compiled by the European Business Schools/Women on Board initiative.

May 2012, Brussels: The European Business Schools/Women on Board initiative announced today that they are cooperating with the Italian Parliament, the Bellisario Foundation and Bocconi University support European Commission Vice President Reding’s campaign to attain gender diversity in Europe’s public quoted corporations board rooms.

On the occasion of the Italian Cultural Institute’s “Women on Board” Seminar taking place in Brussels in support of Vice President Reding’s “Public Consultation” on the matter and in the presence of the Godmothers of Italy’s “Board Women Quota” regulation, Lella Golfo, Member of the Italian Parliament; Alessia Mosca, Member of the Italian Parliament, the European Business School/Women on Board initiative is delighted to welcome the cooperation with this prestigious group of women in the Italian Parliament, the Bellisario Foundation, and Bocconi University to bring forward the agenda of corporate governance in the 21st century.

More than 2000 women have been identified as”Board Ready” by the Italian group. These women will be added to the European Business School/Women on Board initiatives growing list of “Board Ready” Women and published on their web site along with the group’s “Call to Action” which was written together with McKinsey & Co. and Europe’s leading business schools .

The European Business Schools/Women on Board initiative is also particularly pleased to welcome Bocconi University as a member of the European Business Schools initiative together with such renowned universities as Cambridge, Oxford, Edhec Insead, St.Gallen, Rotterdam School of Managemtn, etc. , which not only support the Women on Board campaign but which makes a strong plea for developing the entire eco-system of women in corporations from entry to board level.

Finally, the European Business Schools/Women on Board initiative would like to pay specific homage to the Bellisario Foundation and Marisa Bellisario who pioneered the role of women in telecommunications and business in Italy and throughout the world. The Bellisario Foundation joins such prestigious groups as the Global Telecom Women’s Network and Women in Telecoms and Technology, all of who would not have been possible without Marisa Bellisario, in this initiative.For more information: info@gtwn.org http://www.edhec.com/html/Communication/womenonboard.html, http://www.gtwn.org/call_to_action/ 

March 07, 2012: European Business Schools and Senior Women Executives Publish First List of 3,500 Board-Ready Women

Group hails European Commission Vice President Reding’s call to shatter Glass Ceiling in Europe’s Board Rooms and improve corporate governance for 21st Century Europe

07 March 2012: The European Business Schools/Women on Board initiative has published a first list of more than 3500 board-ready women to bring Europe into the 21st Century and support European Commission Vice President Reding’s initiative to shatter the glass ceiling for women in Europe’s publicly listed corporation’s board rooms.

The list includes individual profiles of 150 senior executive women who are publicly supporting Commissioner Reding’s initiative as well as European Business Schools who have culled their alumnae, faculty, and Board members to identify more than 3500 “board ready” women.

The group has also published five sets of criteria for board membership. These criteria were used as guidelines for the selection of the individual women and by the business schools for their selection of board ready women (see below).

The group includes Business Schools such as IESE (ES), EDHEC (F), INSEAD (F), Cambridge Judge Business School (UK), IMD (CH) , RSM (NL), Boston University Leadership Institute(BE), ESMT (D) and the business school association EFMD (European Foundation of Management Development) as well as professional organizations such as the GTWN (Global Telecom Women’s Network), WiTT (Women in Telecoms and Technology), WoB (Women on Boards), the FT Non- Executive Director’s Club, EPWN (European Professsional Women’s Network), IFA (Institut Francais des Administrateurs), TIAW (The International Alliance for Women).

Lady Barbara Judge, Bridget Cosgrave, Sherry Coutu, Claire Enders, Janice Hughes, Audrey Mandela, Candace Johnson, Brigitte Boone, Lori

Gonnu, Cristina Vicini, Helene des Lauriers, and Lesley Stephenson head up the corporate women of the group, complemented by European Business School senior women professors Bettina Buechel, Monique Valcour, Joelle du Lac, Diane Bevelander, Herminia Ibarra, and Nuria Chinchilla.

The group would like to emphasize that this first list represents but a very small tip of the iceberg and is meant to inspire individual women, organizations, and business schools to publish similar lists which can be made available to corporations and head-hunters throughout Europe and the world.

The group which published a “Call to Action” on 05 December 2012 (see below) with concrete steps to improve corporate governance and gender equality in general also recognizes the need for this improvement throughout the entire management chain as well as at the governance level for publicly quoted companies, family-owned businesses and SME’s.

By publishing this first list, the group believes it will do away with oft- cited remarks such as “there are not any qualified women” and “where can board ready women be found”. It also believes that such a list will help increase not only the gender diversity but also the international diversity of companies since many corporations may wish to avail themselves of the talent of senior executive women from other countries than where they are based.

The list includes:

INDIVIDUAL PROFILES:

1) 181 senior executive women who support Vice President Reding’s initiative and who have been identified by the European Business School/Corporate Women initiative by each member simply recommending 10 other women in their professional circles, as well as the GTWN (Global Telecom Women ‘s Network), Women in Technology and Telecommunications (WiTT), and Women on Board (Belgium)

BUSINESS SCHOOL Alumnae, Faculty and Board Members (For Privacy and Data Security reasons, the alumnae contact has been given for each school)

1) London Business School has 330 Alumnae they have identified as Board Ready – 330. (dmorgan@london.edu)

2) Cambridge Judge Business School has identified 160 women from its networks who are either already on boards or board ready according to the criterion provided – 160. (j.dulac@jbs.cam.ac.uk)

3) EDHEC has 300 Alumnae, Faculty and Board Members they have identified as board Ready – 300. (Claire.bergery-noel@edhec.edu)

4) ESMT – Out of 24 women Executive MBA alumni from its three graduated Executive MBA classes, ESMT has identified 6 board ready women – 6. (Martha.Ihlbrock@esmt.org, cb@esmt.org)

5) IESE has identified 900 women in top executive positions, 155 of whom are on boards already and 300 of which are board ready currently and the rest will become board ready in the coming years – 455/900. (MRius@iese.edu)

6) The IFPM Female Board Pool at the University of St. Gallen/Switzerland has identified 526 women who are Board ready (245 from their Female Board Pool Network and 281 women who work at the Board of Directors or Top Management Team level of Swiss companies) – 526. (martin.hilb@unisg.ch)

7) IMD has identified amongst its alumni 348 board-ready women with more than 25 years of experience plus 12 senior Faculty – 360. (Bettina.Buechel@imd.ch)

8) INSEAD has identified 2000 women — 67 of whom are on boards already 500 of which are currently board ready and the rest will become board ready in the coming years – 567/2000. (Ludo.van-der- Heyden@insead.edu, Muriel.Larvaron@insead.edu, Herminia.IBARRA@insead.edu)

9) RSM (Rotterdam School of Management/Erasmus University) has identified 32 board ready women – 150. (mszalma@rsm.nl)

10) IFA (Institut Francais des Administrateurs) has 250 women board- ready or active on boards with readily available biographies – 250. (Cristina.Vicini@skynet.be)

11) The Financial Times Non-Executive Directors’ Club currently have 105 people undertaking the new Financial Times Non-Executive Director’s Certificate which provides a formally recognized qualification for non-executive directors, 27 of whom are women – 27. (lesley.stephenson@governance.co.uk)

12) TIAW – The International Alliance for Women has 50 board ready women in Europe – 50. (Cristina.Vicini@skynet.be)

13) Boston University Leadership institute Europe has identified 50 board ready women – 50. (Cristina.Vicini@skynet.be)

14) GTWN – The Global Telecom Women’s Network which has contributed more than 30 names to the names and profiles publicly listed. (info@gtwn.org)

15) WiTT – Women in Telecoms and Technology has identified more than 70 individual senior executive women publicly supporting this initiative. (audrey@mandela.com)

16) WoB – Women on Board has identified 90 Senior Executive board- ready women in Belgium alone. (info@womenonboard.be)

17) The EPWN (European Professional Women’s Network) has identified 349 members across their networks throughout Europe – 349. (president@europeanpwn-nice.net)

For more information, please contact: info@gtwn.orgFor full list of 3500 women please consult the attached pdf file.For Selection Criteria Guidelines, please consult the attached pdf file.

The European Business Schools/Women on Board initiative and Call to Action:

Already on 26 September 2011, a group of leading European Business School Deans and Women Corporate Directors met with European Commission Vice President Reding to find concrete ways of shattering the glass ceiling for women in Europe’s corporate board rooms.

Background to European Business School/Women on Board participants:

On 05 December, the group issued the following Call to Action: http://www.gtwn.org/call_to_action/

INTRODUCTION

European Commission Vice-President Viviane Reding furthered her initiative to obtain more gender balance in European boardrooms by joining together with Europe’s leading business schools and the female board members within their eco-systems to support their launch of a “Call to Action” to shatter the glass ceilings impeding senior women executives from acceding to corporate boardroom seats throughout Europe.

BUSINESS SCHOOLS HOLD ONE OF THE KEYS

Business schools hold one of the keys to obtaining more women in the corporate boardrooms of Europe over time and this because of three reasons:

■ As a question of ethics and performance, business schools should promote and advocate the diversity of leadership of which female leadership makes an integral part
■ Business schools form one of the key sources of the development of new future talent. They develop our future (male and female) leaders
■ Business schools have a unique access to both our female leadership and to the corporate and academic world and can act as an ‘intermediary’ and catalyst

Business schools have an important role to actively promote female leadership and to build awareness in the corporate world. They are one of the starting points of female executive talent development.

CALL TO ACTION

The following “Call to Action” identifies specific actions for business schools to take and/or which are already being taken to promote current senior female leadership in Europe in the corporate world and at the same time ensure that the pipeline of female talent is filled.

The initiatives below are a synthesis of the actions put forward by concerned, contributing business schools and the female board members in their eco- systems, committed to making this happen. McKinsey & Company has facilitated the synthesis of the actions and provided further fact base and insights from the McKinsey’s Women Matter research. The implementation and success of the respective measures will be tracked by the Women on Board Task Force which is currently in place within the Directorate of Justice, Fundamental Rights and Citizenship at the European Commission.

The “Call to Action” for Europe’s business schools to shatter the glass ceiling in Europe’s Board Rooms comprises 4 pillars:

■Pillar 1: Play a prominent role in identifying and promoting qualified senior female leadership from their eco-systems
■Pillar 2: Inspire and enable women participate and gain entrance to professional and informal networks and networking which provide mentoring and promote gender equality
■Pillar 3: Increase the inflow of women in business schools
■Pillar 4: Adapt the curriculum and focus more on capability building

EUROPEAN BUSINESS SCHOOLS/WOMEN ON BOARD PARTICIPANTS:
Boston University Institute of Leadership Brussels (B)
http://www.bu.edu/brussels/about/

Cambridge Judge Business School Cambridge University (UK)
http://www.jbs.cam.ac.uk/

EDHEC Business School (F)
http://www.edhec.edu/

EFMD – European Foundation for Management Development
http://www.efmd.org/

Erasmus University: Rotterdam School of Management (NL)
http://www.rsm.nl/home

ESMT (D)
http://www.esmt.org/en/home

IMD BUSINESS SCHOOL (CH)
http://www.imd.org/

INSEAD (F)
http://www.insead.edu/home/

University of St. Gallen: Institute for Leadership and Human ResourceManagement – Female Board Pool (CH) http://www.ifpm.unisg.ch/

WOMEN CORPORATE DIRECTORS:
Brigitte Boone – Fortis Private Equity Group
Bridget Cosgrave – SES (L), Steria (F)
Hélène Deslauriers – Fluxys (B)
Lady Barbara Judge -Statoil ASA (Norway), NV Bekaert SA (Belgium) and Magna International Inc (Canada)
Lori Gonnu – Truffle Capital Investee Companies (F)
Candace Johnson – Succes Europe (F), Inovent (TR) and long-time SES (L)
Lesley Stephenson – Financial Times Non-Executive Directors Club
(The above Women Corporate Directors are also Alumnae and/or Board Members of Harvard Business School, London Business School, EDHEC, Wharton, INSEAD, and SOAS)

PROFESSIONAL ORGANIZATIONS REPRESENTED:
European Professional Women’s Network
http://www.europeanpwn.net/

Financial Times Non-Executive Director’s Club
http://www.non-execs.com/

GTWN – Global Telecom Women’s Network
http://gtwn.org

GUBERNA – Belgian Governance and Board Members Association
http://www.guberna.be/index.php?option=com_eventlisting&task=vie w&Itemid=131

Institut des Administrateurs (F)
http://www.ifa-asso.com/association/englishversion.php

TIAW – The International Alliance for Women
http://www.tiaw.org/

WiTT – Women in Telecoms & Technology
http://www.wittgroup.org

WOB – Women on Board (B)
http://www.womenonboard.be/

AESC and GBRW join forces

FOR IMMEDIATE RELEASE

Contact:

Joe Chappell, AESC

+1 212 398 9556 x236

jchappell@aesc.org

AESC Offers Enhanced Access to Executive Search Community for 7,500 Female Executives Identified as Board-Ready by the GBRW affiliated Top Business Schools, Corporate Women and Professional Organizations the World Over

NEW YORK/BRUSSELS – June 27, 2013 – The global Association of Executive Search Consultants (AESC) and their BlueSteps.com service join forces with the European Commission, leading business schools, corporate women and professional organizations from around the world, gathered together in the GBRW – Global Board Ready Women initiative in support of gender diversity on corporate boards. The announcement has been made at dual press conferences in New York at the Forte Foundation, a founding member of the GBRW and in Brussels at the European Commission with the European Business Schools/Women on Board initiative.

In response to EU Justice Commissioner Viviane Reding’s and the European Business Schools/Women on Board initiative’s call to action, stressing the positive contribution which executive search consultants can make to promote gender diversity on corporate boards, the AESC is pleased to announce the adoption of a European voluntary Code of conduct for executive search firms, (in appendix) – now valid across Europe.

The AESC is also offering all 7,500+ female executives of the Global Board Ready Women (GBRW) database, identified as board-ready by the European Business Schools/Women on Board initiative and the Forte Foundation, complimentary membership to BlueSteps, the career management service of the AESC, developed uniquely for senior executives and board candidates.

AESC President, Peter Felix, commented: “This dual initiative is reflective of the AESC’s support for gender diversity in top-level recruitment, and of our members’ commitment in assisting female executives in their pursuit of key board and leadership roles. Through BlueSteps, all Global Board Ready Women (GBRW) will have the opportunity to place their career profiles at the fingertips of 8,000 AESC member executive search professionals who use BlueSteps as a source for their executive and board search mandates. In addition, AESC members will have the opportunity to connect their search mandates to suitable candidates within the Global Board Ready Women database. The AESC is proud to support executive-level diversity in connecting its member firms with female executive talent in this way”.

The European Business Schools/Women on Boards Task Force together with the Forte Foundation, who created the Global Board Ready Women (GBRW) database on Linked-In administered by the Financial Times emphasized that the initiative has now become global in a concerted effort to identify and promote senior women executives and professionals who meet strict criteria, in the effort to create global and diverse corporate governance for the 21st Century.

We have to break the Catch 22 situation where boards can continue to say no to women on the grounds that ‘they don’t have any boardroom experience’,” said Vice-President Reding, the EU’s Justice Commissioner. “It’s time we put to bed the myth that there aren’t enough qualified women to sit in company board rooms. There are—and organisations like the Association of Executive Search Consultants are working to prove it together with the European Business Schools/Women on Board initiative, the Forte Foundation, and their counterparts around the world within the Global Board Ready Women searchable database.”

 

“In the movie Field of Dreams there’s a famous line – ‘if you build it they will come’ and that’s just what this database was designed to do – increase the number of companies who can now access qualified candidates to serve on their board,” said Elissa Ellis Sangster, Executive Director of the Forté Foundation. “We are excited to announce this new partnership, at a meeting with representatives from companies and business schools who partner with Forté on women’s advancement, and look forward to the impact the database and new Code of Conduct will have on women’s representation on corporate boards.

About The Association of Executive Search Consultants

The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search and leadership consulting industry. The AESC promotes the highest professional standards in retained executive search and leadership consulting through its industry recognized Code of Ethics and Professional Practice Guidelines. For more information, visit www.aesc.org.

About BlueSteps

BlueSteps is the executive career management service of the global Association of Executive Search Consultants (AESC). BlueSteps puts executives’ profiles at the fingertips 8,000 AESC member executive search professionals who use BlueSteps as a source for candidates for their executive and board search mandates. BlueSteps also offers a suite of career management tools and services exclusively for top executives. For more information, please visit www.bluesteps.com.

About the GBRW- European Business Schools/Women on Board initiative:

Started by the European Business Schools/Women on Board Taskforce and supported by the European Commission, Forte Foundation and the Financial Times Non-Executive Directors’ Club, Global Board Ready Women has grown to become a global initiative. Working with more than 180 leading business schools and professional organizations from 70 countries from around the world, the Global Board Ready Women searchable database has been created in an effort to identify and promote Senior Women Executives and Professionals who meet the strict criteria to create a global and diverse corporate governance for the 21st century.  The Global Board Ready Women searchable database is on Linked-In and administered by the Financial Times Non –Executive Directors Club.

Contact:  heidi.gains@ft.com and info@gtwn.org

 

About Forte Foundation:

Forte Foundation is a non-profit consortium of leading multinational corporations, top business schools in the US and abroad, and the Graduate Management Admission Council. Its mission is to launch women into fulfilling, significant careers through access to business education, opportunities and a community of successful women. Forte is the leading organization that provides a national infrastructure for women at all stages of the career continuum to access the information, scholarship support and networking connections they need to succeed in business careers.  Additional information about the Forte Foundation is available online at www.fortefoundation.org.

Media Contacts:

Lisa Westlake Chen
Forte Foundation
lisa@fortefoundation.org
(713) 303-9019

Michele Vana
Fleishman-Hillard Inc.
michele.vana@fleishman.com
(212) 453-2214

 

 

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