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Did I Hear Glass Breaking?

posted by Gary Niekerk on July 14, 2009

Intel is an innovative technology company - and as such - Intel is constantly going through change. One change that happened recently, which has not received much attention - but none the less is still significant - is Intel’s new chairman of the board. Our new chairman, Jane E. Shaw is a woman - and an independent director. This represents a significant milestone for board diversity. I don’t know too many Fortune 100 Companies, if any, that have an independent, female, Chairman of the Board. In fact, over 60% of Fortune 500 companies don’t have ANY females on their board. JaneShaw.jpg

The Securities and Exchange Commission is also interested in board diversity. In a proposed rule, the SEC is, “interested in understanding whether investors and other market participants believe that diversity in the boardroom is a significant issue”. You can provide comments to the SEC on this topic, and my guess there will be a lot of passion and interest on this issue.

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Jul 15  |  elaine cohen said:

Well done once again to Intel and good luck to Jane Shaw. I am sure she will contribute to even GREATER Intel performance ! :)) But dont you think it’s time to call your new head a ChairWOMAN ?

elaine

Jul 15  |  Gary Niekerk said:

Good point. CEO, SVP and VP all don’t have “man” as a root word in their titles.

Jul 15  |  Will said:

If than is what “-man” actually meant we would have “huwoman”. ;oP

Jul 19  |  Darin Schmidt said:

ummm, why do things always lead to this. “the battle of the sex’s” Who cares whether its a man or woman. As long as the person knows wtf they are doing, either are entitled to the position. its abotu the mind, not sex.

Jul 23  |  Stephen Jordan said:

Congrats!

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