The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (ICE) - Get Report, welcomed eight new members to the NYSE Board Advisory Council, which identifies and connects diverse board candidates to NYSE-listed companies seeking new directors.
"We are thrilled to add this great group of leaders, whose collective counsel, unique experiences and robust networks will help advance the Council's mission to expand board diversity," said Betty Liu, Co-Chair of the Council, Executive Vice Chairman of the NYSE and Chief Experience Officer of Intercontinental Exchange. "In these turbulent times when adaptability and innovation will be the keys to success, it is even more important to have as diverse a group of voices in the boardroom and in the highest levels of corporate leadership."
Founded by CEOs from 16 NYSE-listed companies representing some of the world's largest and most well-established brands, the Council leverages members' personal networks to identify talented candidates interested and ready to serve on corporate boards.
"Building upon the strengths of a diverse workforce should be a key priority for all companies, and I believe that all starts - but doesn't end - with diversity at the board level," said incoming Council Member Jenny Johnson, President and CEO of Franklin Templeton. "I'm excited to be a part of the next chapter of the NYSE Board Advisory Council, and the important work that lies ahead to address the critical need for inclusion at the highest level."
New Members of the NYSE Board Advisory Council
- Brookdale Senior Living (BKD) - Get Report - Lucinda M. Baier, President, CEO and member of the Board of Directors
- Bunge (BG) - Get Report - Greg Heckman, CEO
- Consolidated Edison, Inc. (ED) - Get Report - John McAvoy, Chairman, President and CEO
- Franklin Templeton | Franklin Resources (BEN) - Get Report - Jenny Johnson, President and CEO
- HP Inc. (HPQ) - Get Report - Enrique Lores, President and CEO
- New York Times Company (NYT) - Get Report - Mark Thompson, President and CEO
- S&P Global (SPGI) - Get Report - Douglas Peterson, President and CEO
- Takeda Pharmaceuticals (TAK) - Get Report - Christophe Weber, President and CEO
"During this unprecedented time, as we face a public health crisis and economic uncertainty, companies need diverse voices in their leadership more than ever," said Enrique Lores, President and CEO of HP. "That's why I'm honored to join the NYSE Board Advisory Council. We know that more inclusive corporate boards make better decisions—not only for their shareholders, but for all their stakeholders and society as a whole. I'm looking forward to helping companies recruit directors who bring new perspectives and fully reflect the broad array of the world's talent."
The Council has also placed its first board candidate in January 2020 and has grown its database to include 124 other candidates nominated by Council members.
Along with the new members, the Council is launching an online network to more easily allow NYSE-listed companies to connect directly with this growing database of diverse board candidates. The network is available to NYSE-listed companies.
"Having a diverse boardroom and management team creates a more collaborative working environment and it speaks volumes to employees and customers. It shows them that leadership is reflective of who they are. It will be a privilege to support the NYSE Board Advisory Council in its important work," said Lucinda M. Baier, President, CEO and member of the Board of Directors of Brookdale Senior Living Inc.
For more information on the NYSE Board Advisory Council, click here.
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (ICE) - Get Report, a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group's equity exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National -- trade more U.S. equity volume than any other exchange group. The NYSE is the premier global venue for capital raising, including technology IPOs. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges. To learn more, visit www.nyse.com/index.
About Intercontinental Exchange
Intercontinental Exchange (ICE) - Get Report is a Fortune 500 company formed in the year 2000 to modernize markets. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across virtually all asset classes. As the parent company of the New York Stock Exchange, the company is the premier venue for raising capital in the world, driving economic growth and transforming markets.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the SEC on February 6, 2020.
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