Women are using university boards, especially investment committees, to network and gain the experience they need to step into lucrative corporate board positions.
And how do women do on these boards? Very well, thank you.
Fixed-income mutual funds run by women have outperformed funds run by men since 2003, but only 14 U.S. debt funds were managed exclusively by women as of September 2017, compared with 47 in 2004, according to Morningstar Inc…
The pattern holds in C-suites, too. Companies where women make up at least 15 percent of senior management report 50 percent higher profitability, according to Credit Suisse Group reports. Companies that are led by a female chief executive officer have better price-to-book value and higher return on equity, Credit Suisse says.
Wonder how lucrative the Wikimedia BoT positions? Just guessing here that they don’t pay for their own bus tickets.