1. Diversity Measures on Corporate Boards Have a Breakout Year

    Diversity Measures on Corporate Boards Have a Breakout Year

    CalSTRS chief of governance, Anne Sheehan, said the measure was withdrawn after Urban Outfitters moved to appoint a second woman to its board. It was a major victory. Shareholder efforts to hike diversity at Urban Outfitters have gone on for a while. In 2014, according to ISS, a proposal submitted by the New York State Common Retirement Fund seeking a report on board diversity ...

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    1. At each of these companies, we had previously communicated privately a desire to have a more diverse board.
    2. We have found of late that the companies have been incredibly responsive.
    3. The first women brought on Urban Outfitters board was the wife of CEO Richard Hayne.
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