eBriefs

Welcome to the latest eBrief from Milwaukee Women inc (MWi). MWi's mission is to change the face and quality of leadership through the advancement of women. MWi strives to accomplish its mission through:

  • Research: benchmarking where we are and where we need to go
  • Education: educating companies, the media and the community about the importance of women in leadership
  • Resources: providing resources for both companies looking to place women on their boards and resources for women interested in serving.  

Summer 2015 eBrief

At the annual meeting of Milwaukee Women inc, Steering Committee members approved the following candidates for the 2015-16 Board:

Chair                                                    Phyllis King                               University of Wisconsin-Milwaukee

Vice Chair/Chair Elect                          Sandy Wysocki                           Milwaukee Business Journal

Immediate Past Chair                           Lynn Sprangers                          Mount Mary University

Secretary                                             Mary Dowell                               Community Leader

Treasurer                                             Amelia Macareno                       The Private Client Group of U.S. Bank

At Large                                               Mary Ellen Bowers                      Business Matters, LLC

At Large                                               Gail Hanson                               Aurora Health Care

Chair, Research                                   Janet Slater                               BloodCenter of Southeast Wisconsin

Chair, Board Resources                        Lindsay Hammerer                     KPMG LLC Milwaukee  

Chair, Govern. & Nominating                Kim Stoll                                   Badger Meter

Chair, Fund development                     Lori Craig                                  PNC Wealth Management

Chair, Communications                        Julie Granger                             Metro Milw. Assoc. of Commerce

Chair, Programs                                   Pat Ackerman                             A.O.  Smith Corp.

 

Roundy's Appoints former OfficeMax, Walgreens Marketing Executive Kimberly Feil to its Board

Milwaukee grocery chain Roundy's Inc. announced on March 12, 2015, that it has appointed seasoned marketing executive Kimberly Feil to its board - becoming the company's first woman director. Feil fills the position opened when John Willis resigned from Roundy's board of directors in August 2014. Selected for her retail marketing experience and understanding of consumer insights, marketing strategy and change management, Feil is CEO of Troy, Mich.-based bizHive. Her prior experience includes the roles of chief marketing officer at OfficeMax, Walgreens Co. and Sara Lee North America. To read complete article click here.

 

Twin Disc, Inc. Appoints Janet P. Giesselman to Board of Directors

Twin Disc, Inc. announced on July 1, 2015, that its Board of Directors appointed Janet P. Giesselman to the Company's Board effective June 30, 2015. Ms. Giesselman will finish the term of Malcolm Moore, who resigned from the Board on June 30, 2015. Ms. Giesselman, 60, is the retired President and General Manager of Dow Oil & Gas, a business unit of The Dow Chemical Company. She has over 30 years of experience managing agriculture, energy, chemical, and manufacturing businesses in the United States, Europe, Latin America, Middle East, Africa, and Asia. To read complete article click here.

 

How to Demystify your Board Profile

Have you wondered how to transition your job resume to a "board-ready" profile?

 

An esteemed group of panelists attended Milwaukee Women inc's June Steering Committee meeting to discuss how a job resume differs from a board profile, what should be included in an effective board profile, what skills to emphasize, what attracts board governance committees to a board profile, and to share sample board profile templates.


Panel members included Maureen Hurd, MWi member and president, Core Business Solutions LLC & Beal Associates, LLC; Steve Barth, partner, Foley & Lardner, expertise in corporate governance, board member; and Dave Pelisek, partner, Baird Capital's US Private Equity team, expertise private company boards. Debbie Seeger, MWi member and executive vice president, Patina Solutions, moderated the conversation.    

 

The board profile versus job resume

According to Maureen, a resume highlights your operational experience while a board profile highlights what you contribute to the board. A board profile is a personal marketing document; an opportunity to showcase how your skills and expertise will add value.

 

Ideally, a board profile is one page that includes a paragraph highlighting your background, P&L and management experience. Additional sections include education, board experience, professional endorsement, photograph, and external link to LinkedIn profile and personal presentation if applicable.

 

Dave Pelisek emphasized the importance of including a professional endorsement. He works with small private company boards and will not normally consider a board candidate not known to someone on the team, unless the candidate was highly recommended.

 

What are boards looking for?

Steve Barth looks for what the candidate can bring to the table -- specifically, if the candidate has the industry and sector knowledge, the executive level experience, and board involvement (if applicable) the board needs. Pelisek looks for similar qualifications. In addition, he looks for the strength and quality of references and how past experience can convert to future contributions.

 

Both Barth and Pelisek suggested highlighting risk management experience. Pelisek added that that the "hot buttons" boards are looking today for include strategic planning, cybersecurity and succession planning experience.

 

The importance of the board profile

Hurd, as a board of director search firm owner, utilizes the board profile to complete an initial assessment of a candidate's qualifications for a board opening. She also utilizes referrals and recommendations.

 

Both Pelisek and Barth said they rely on referrals when seeking board candidates. Board profiles may be utilized once an individual is referred. Pelisek mentioned he would request a board profile as an introduction for a candidate that is not known to his team, but comes highly recommended.

Pelisek and Barth both commented that culture fit is key when placing a board candidate, and the reason referrals and professional endorsements are so valued.

 

Take-a-ways 

  • Culture fit is key for both the candidate and the board.
  • Self promotion is not going to get you a board seat; you need a champion to be your mentor and coach you along the way.
  • Determine why you want to be on a board; board service is time consuming and carries risk.
  • If you have a strong desire to get on a board people are willing to give their time to help you meet with interested parties.
  • Be able to articulate your contributions to a board.
  • Non-profit boards are a great way to grow your resume, experience, network and display your talents.
  • Don't be focused on just southeast Wisconsin; get connected to national board organizations & databases.
  • Have patience, getting on a board takes time.


National Organization Finds Success in Encouraging Companies to Add Women to Boards

The Thirty Percent Coalition is a national organization with more than 70 members committed to the goal of women holding 30 percent of board seats across U.S. public companies by the end of 2015. They recently conducted a campaign through a series of letters to 168 public companies with no women on their boards of directors, and calls on companies to improve diversity on their boards. They encouraged companies to expand searches to include nominees from both non-executive corporate positions and experience in non-traditional environments such as government, academia and non-profit organizations.

 

The Thirty Percent Coalition includes senior business executives, national women's organizations, institutional investors, corporate governance experts and board members working together to drive the pace of change. The Coalition's work is on the demand side of board diversity - influencing corporations to strengthen their efforts to increase the number of women on their boards.

 

In addition to the Adopt a Company campaign, the Coalition has also spearheaded Champions of Change, a growing list of corporate leaders dedicated to acting as public advocates for increasing the number of women on public company boards. Both campaigns reflect the Coalition's goal to leverage the power of diverse groups and individuals so that US corporations take advantage of the benefits associated with increased boardroom diversity.  To read complete article click here.

 

Author Aaron Dhir Answers the Question, "What's The Return on Equality?" in New Book

Since 2010, the Securities and Exchange Commission has required publicly traded firms to report on whether they consider "diversity" in identifying director nominees and, if so, how.  But the agency refused to define "diversity" in its rule, leaving it up to corporations to give the term meaning.

 

In Challenging Boardroom Homogeneity, Aaron Dhir analyzes the disclosures that the S&P 100 submitted to the SEC from 2010 to 2013 to shed empirical light on this question. The findings are striking and do not provide much encouragement.

 

Says Dhir: "Over the four years of my study, virtually all companies complied with the rule by disclosing that they do in fact consider diversity when appointing their boards.  However, only approximately half defined diversity in terms of gender, race, or ethnicity.  Most firms, when defining diversity without regulatory guidance, refer to a director's prior experience, rather than his or her socio-demographic characteristics."  To read complete article click here.

 

Mark your calendar: Thursday, November 19, 2015

WOMEN'S LEADERSHIP FORUM - "Futurism: Innovation, Immersion, Inclusion"
Partnership between Milwaukee Women inc | Professional Dimensions | TEMPO Milwaukee | Momentum


In the spirit of advancing women leaders and collaboration, Professional Dimensions, TEMPO Milwaukee, Milwaukee Women inc and Momentum are teaming up for a joint program event. The theme of the event is Futurism & Innovation.

Keynote Speaker: Rebecca Ryan, futurist, economist, author

Tentative Schedule of Events:

Networking & Registration | 11:30 am - 12:00 pm

Lunch | 12:00 pm - 12:30 pm

Keynote Address | 12:30 pm - 1:30 pm

BREAK | 1:30 pm - 1:45 pm

Breakout Sessions l 1:45 pm -3:45 pm

Closing Remarks & Raffle l 3:45 pm - 4:00 pm

Open Bar & Appetizers | 4:00 pm - 6:00 pm  

 

Look for more information in the near future.

 

Join our Linked In Group!

Find out more about what's happening locally, nationally and internationally in regards to women on boards.

Click here to sign up today.


Winter 2015 eBrief

Milwaukee Women inc moves forward with the Greater Milwaukee Committee to develop a diverse board candidate database

At the October meeting of the Greater Milwaukee Committee (GMC), business and community leaders affirmed the mission to diversify board leadership in the Milwaukee region. There is growing recognition and research that diverse people and diverse thinking translates to stronger companies with a better bottom line. In addition, effective diversity and inclusion practices serve to make the Milwaukee area a "region of choice," according to the GMC.
 
Milwaukee Women inc and the GMC are advancing this goal by expanding a database of women and minority board candidates and will create quarterly engagement opportunities for board candidates and corporations. A task force that includes members from both organizations is dedicated to making this project a reality.

 

"We are thrilled to be moving forward with this critical step in placing more women on Wisconsin company boards," said Phyllis King, MWi chair and University of Wisconsin-Milwaukee associate vice chancellor.

 

MWi expands research to private companies

Again and again, MWi has heard from CEOs that private company board experience is as impactful and relevant as serving on public company boards. Therefore, MWi is expanding its scope to include research on private companies in Wisconsin to determine their board makeup and to identify opportunities. Companies will be contacted over the next few months, with the research to be presented this spring. Stay tuned for this upcoming report.

 

Katherine Gehl appointed to Marcus Center Board

As noted above, women are making an impact on private company boards, as well as public company boards. In January, Gehl Foods President and CEO Katherine Gehl was elected to the board of The Marcus Corporation.

 

"Katherine brings a wealth of experience in strategic growth and business development to our board. Her expertise in planning, technology, finance and consumer products will be especially valuable to our board and management team," said Stephen H. Marcus, chairman of The Marcus Corporation.

 

Gehl, 48, is the fourth-generation president and CEO of her family-owned company. She spent five years in senior management positions at the company in the 1990s and returned to the company on a full-time basis in 2007. She has been a member of the Gehl Foods board of directors for 15 years. In between her positions at Gehl Foods, she worked in Chicago as a vice president at Bernstein Investment Management and served as special assistant to Mayor Richard M. Daley for technology and economic development. Click here to read press release.

 

Gale Klappa, Chairman and CEO, Wisconsin Energy Corp., receives GMC Mary Ellen Stanek Award for Diversity in Corporate Governance

The Greater Milwaukee Committee (GMC), in conjunction with Milwaukee Women inc, gave the third annual Mary Ellen Stanek Award for Diversity in Corporate Governance to Wisconsin Energy Corp. Chairman and CEO Gale Klappa at the GMC annual meeting on Monday, Feb. 9.


The Mary Ellen Stanek Award was established in 2013 to recognize an individual or entity exhibiting leadership, influence and impact resulting in increased diversity on corporate boardsin our region. The inaugural award was given to its namesake, Mary Ellen Stanek, and the second to ManpowerGroup Chairman Jeff Joerres.


"Gale knows the importance to the company's culture and bottom line of having women and minorities in leadership positions," said Phyllis King, Milwaukee Women inc chair and University of Wisconsin-Milwaukee associate vice chancellor. "Wisconsin Energy, under Gale's leadership, has been recognized around the state, country and even the world for its leadership and supplier diversity practices, and serves as an important source of best practices for many of our region's companies." Click her to read full article.



Pictured: John Daniels, GMC Chair; Phyllis King, MWi Chair; Gale Klappa; Mary Ellen Stanek

 

Congratulations to MWi Member Thelma Sias

MWi member Thelma Sias has been chosen to be inducted into the Milwaukee Business Journal's 40 Under 40 Hall of Fame; Thelma is the only woman being recognized! Her fellow inductees are Cory Nettles, Joe Bartolotta and Dr. David Margolis.

 

Congratulations Thelma and congratulations to the many MWi members who have been 40 Under 40 award winners in the past.

 

Bizwomen Mentoring Monday Event - Save the date: March 30

Last year more than 200 Milwaukee area young women were mentored by 50 of the top female executives in Milwaukee.  Milwaukee Women inc will again be sponsoring this event, which is hosted by the Milwaukee Business Journal and held simultaneously in Business Journal markets throughout the nation.  The 2015 Mentoring Monday will be held Monday March 30th at the Hilton Hotel. Watch for more info in the coming weeks.

 

Women, in particular, contribute to a team's intelligence

Finally, teams with more women outperformed teams with more men. Indeed, it appeared that it was not "diversity" (having equal numbers of men and women) that mattered for a team's intelligence, but simply having more women. This last effect, however, was partly explained by the fact that women, on average, were better at "mindreading" than men.   Click here to read complete article.

 

Mary Dowell, MWi board member, receives UPAF Notable Women Award

Dowell is a founding member of the arts education-centered group



The United Performing Arts Fund (UPAF) announced that Mary Dowell, vice president of foundation affairs and global community relations at Johnson Controls, was awarded the UPAF Notable Woman Award at UPAF's Annual Meeting held in December. This annual award goes to a Notable Woman who exhibits noteworthy achievements in promoting accessibility to arts education, personal philanthropy, educating stakeholders about UPAF and the performing arts, and commitment to the next generation and youth in our community.

 

"UPAF is proud to present this well-deserved award to Mary for her deep commitment to UPAF and arts education in our region," said Deanna Tillisch, UPAF president and CEO.

 

Sponsor Highlight: KPMG
 


KPMG has been a long-time supporter of MWi's work. We thank them for their commitment of time and resources to our organization!

 

KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative. KPMG International's member firms have 145,000 professionals, including more than 8,000 partners, in 152 countries.

 

KPMG delivers a globally consistent set of multidisciplinary services based on deep industry knowledge. Its industry focus helps KPMG professionals develop a rich understanding of clients' businesses and the insight, skills, and resources required to address industry-specific issues and opportunities.

 

The company uses four pillars to guide its actions-Integrity, Corporate Citizenship, Diversity and Inclusion, and the Environment. Taken together, these pillars create value for the firm's partners, employees, clients, communities, and the capital markets they serve.

 

For more information, visit www.kpmg.com



September 2014 eBrief

 

New research on women and diversity on boards to be released at joint MWi and GMC event on October 13

Milwaukee Women inc (MWi) is teaming up with the Greater Milwaukee Committee to release survey results that benchmark and examine the current state of racial/ethnic and gender diversity on boards of directors. At the GMC meeting on Monday, October 13, speakers will put those results into context with a panel discussion surrounding the topic of corporate board diversity. MWi has tracked the number of women on the boards of Wisconsin's top 50 publicly traded companies since 2004.

 

The panel, which will be moderated by Keith Burns, managing partner of Ernst & Young, includes:

  • Phyllis King - Associate Vice Chancellor of Academic Affairs, UW-Milwaukee and MWi chair
  • Cory Nettles - Managing Director, Generation Growth Capital, Inc.
  • Patrick Prout - President & CEO, The Prout Group
  • Mary Ellen Stanek - Managing Director & Chief Investment Officer, R.W. Baird & Co. and MWi member emeritus
  • Barry Williams - General Partner, Williams Pacific Ventures

The event is for MWi and GMC members. For more information, contact the GMC's Danya Strait: dstrait@gmconline.org, (414) 905-0111

 

Conference on empowering women October 1 - Still time to register!

MWi members featured as panelists

A group called empowher is sponsoring a half-day conference next Wednesday, October 1 from 12:30-7:30 pm.  empowher is intended to ignite the power of women - individually and collectively.  The group brings together experienced and aspiring leaders to inspire and empower women to lead, succeed and to grow the next generation of leaders. The program will include insights from two MWi members who will serve as panel members: Lynn Sprangers and Gail Lione.  They will discuss how they ignite the individual and collective power of women - over their careers, in their personal lives and through their community involvement.  More info/register at www.empowher2014.com.

 

Forbes calls women's own misgivings a "glass cage of our own making"

This Forbes article says women are their own biggest barriers. This "cage" is held together by the misgivings we have about our ability to succeed and handle the demands of leadership without sacrificing our other aspirations outside the workplace. Do you agree? The article offers seven acts of courage for women to overcome vulnerability and make a meaningful mark in the world. Click here to read full article.

 

 

Get the Latest News About Women in Business Leadership
Bizwomen
 is an e-publication from bizjournals that provides news about women in business leadership positions. A network of more than 400 journalists from across the nation report on economics, trend analysis and profiles of leading entrepreneurs and business leaders throughout the week.  Click her to subscribe.

 

Sponsor Highlight: ManpowerGroup


Headquartered in Milwaukee and employing millions around the world, ManpowerGroup is truly a global leader. That leadership is evidenced in their own boardroom, where more than 30% of the board's directors are female. ManpowerGroup has been a long-standing sponsor and supporter of Milwaukee Women inc's mission and goals. "ManpowerGroup exemplifies the kind of leadership by example that we hope more companies will emulate as we strive to reach our goal of having women hold 25% of director positions at Wisconsin's top 50 public companies. I applaud Manpower's advocacy on this issue and congratulate them on their continued global success," said MWi Chair Phyllis King, Associate Vice Chancellor of Academic Affairs, UW-Milwaukee.

ManpowerGroup has grown from one office in Milwaukee, Wisconsin in 1948 to a $22 billion business that works with nearly 500,000 clients and over four million associates in 80 countries and territories each year.




Summer 2014 eBrief


Warren Buffett co-founds U.S. 30% Club, which aims to bolster female leadership at U.S coporations

More than 20 leaders of top U.S. companies, including billionaire Warren Buffet, CEO of Berkshire Hathaway Inc., have formed a new group committed to improving the gender balance at all levels of U.S. corporations. According to an article in "bizwomen" from the Business Journals, the 30% Club started in Britain in 2010 with a goal of getting 30 percent female representation on FTSE-100 boards by the end of 2015. As of March 2014, the PTSE-100 has jumped from 12.5 percent women directors in 2010 to 20.8 percent. Read the full article in the  Milwaukee Business Journal. More in the New York Times.


Want to learn more about how the 30% Club solution works?

Linda Tarr-Whalen, former ambassador to the United Nations Commission onthe Status of Women, and author of Women Lead the Way, makes the case for why gender balanced leadership is essential in the 21st century, and offers a road map for reaching the tipping point of 30% female representation at every power table. You can order the book here.


Wall Street Journal reports Fortune 500 companies reach 20% women

on boards

Research firm Heidrick & Struggles has found that as of 2014, "women now hold 20.2% of total Fortune 500 board seats--an increase from 18.7% in 2013 and 17.2% in 2009, when the research began." According to the report, "with the latest data included, the trend of corporate board composition indicates

women will hold 50% of Fortune 500 director seats for the first time--28 years from now in 2042."

Read the full article.


Women recently appointed to boards of Modine Manufacturing Company and Bank Mutual Corp.

Effective May 5, 2014, Modine Manufacturing Company, a leader in thermal management technology and solutions, announced that the Company's Board of Directors has increased the size of the Board from seven to eight members and elected a new director. Christine Y. Yan, age 48, is president of Storage

and Workspace Systems of Stanley Black and Decker since July 2013. Read more here.


Bank Mutual Corp. has elected the first female director, Lisa Mauer, to its board of directors, the Brown Deer bank announced on May 6. Mauer, senior vice president of regional development at BlackHawk Industrial Distribution Inc., will serve a three-year term. Read more here.


The facts are clear, women make a difference
In a recent article published by the American Bar Association, author John Okray, chair of the Federal Bar Association's Corporate and Association Counsel Division, states, "After numerous studies and statistics, one thing is clear: Successful countries and companies have, on average, more female corporate directors."

According to Okray's research:
  • Countries with higher average percentages of female directors typically have the highest gross domestic product (GDP) per capita. This includes Norway, Australia, Denmark, Sweden, and Canada ($99,558, $67,036, $56,210, $55,245, and $52,219, respectively). The U.S. GDP per capita was $49,965.
  • Norway, with the highest GDP per capita has been in compliance with its 40% female director quota since 2009.

Read Mr. Okray's article in full.

Congratulations to the Milwaukee Business Journal's 2014 Women of
Influence
Lynn Sprangers and Liz Orelup, Milwaukee Women inc Board members named to list.

Read the full article in the Milwaukee Business Journal.

****************************

Spring 2014 eBrief


MWi awarded Jeff Joerres the Mary Ellen Stanek Award for Diversity and Corporate Governance at the GMC Annual Meeting  

Milwaukee Women inc (MWi), in conjunction with the Greater Milwaukee Committee (GMC), awarded Jeff Joerres, Chairman and CEO of Manpower Group, the second annual Mary Ellen Stanek Award for Diversity and Corporate Governance at the GMC's annual meeting on February 10, 2014 at the University Club.

 

The Mary Ellen Stanek Award, established in 2013, is given to an individual or entity exhibiting leadership, influence and impact resulting in increased diversity on corporate boards in our region. The inaugural award was given to its namesake, Mary Ellen Stanek, an executive at Robert W. Baird & Co. Inc.

Joerres chairs the GMC's Future Workforce Committee, which focuses on strengthening the diversity of the region's workforce. Through a combination of research, recognition and initiatives, the Future Workforce Committee seeks both a short- and long-term impact on a diverse workforce across all levels of professional development, from entry-level worker to CEO to the corporate boardroom.

 

To read the full article, click here.

 

Milwaukee Press Club program features MWi chair, Phyllis King, discussing the importance of promoting women

The Milwaukee Press Club's Feb. 6, 2014 program focused on the importance of promoting women to executive positions. The panel included:

  • Krista Brookman, a Senior Director at Catalyst, a global nonprofit organization focused on expanding opportunities for women and business and a member of MWinc's Steering Committee;
  • Dr. Phyllis King, Associate Vice Chancellor for Academic Affairs at the University of Wisconsin-Milwaukee and Chair of Milwaukee Women inc;
  • Jon Langenfeld, Head of Global Equities and Director of Equity Research for Robert W. Baird & Co.; and
  • Kim Metcalf-Kupres, Vice President and Chief Marketing Officer for Johnson Controls

Each speaker provided a five-minute viewpoint of the topic and answered questions from a panel of journalists that included Latoya Dennis, WUWM-FM, Kathleen Gallagher, Milwaukee Journal Sentinel and Stacy Vogel Davis, The Business Journal Serving Greater Milwaukee.

 

Brookman commented that Catalyst was originally formed as a resource to help more women enter the workforce, but since the 1980's, the focus has shifted to improving the workplace for women. "Catalyst's research is action-oriented, helping companies learn from and inspire each other," said Brookman.

 

King added that the pace of change is simply not good enough. "we are losing ground as a country because of the economics (of promoting women) is compelling," she said.   
For full article, click here.


Latest MWi Research Report shows progress lacking for increasing women on boards

As we begin 2014, we are cognizant that since Milwaukee Women inc (MWi) was founded in 2002, we had looked to this year - 2014 - as the goal for reaching the target of 25% women on the top 50 corporate boards in Wisconsin. While we have made significant progress, only 14% of all of the board seats in the top 50 Wisconsin publicly-head companies today filled by women, and only seven of these companies today filled by women, and only seven of these companies have reached 25% women in their board composition. as a business community, we collectively still have a great deal of work to do.

 

Click Here to see MWi's 2013 Fall Research Report.

 

Milwaukee Journal Sentinel reviews history of MWi research 

"The percentage of women on Wisconsin corporate Boards of Directors increased steadily from 2003 to 2011 - from 9% to more than 14% at the 50 largest companies - but has remained largely unchanged since then, according to a new report from Milwaukee Women inc, an organization for professional women. Women made up 14.3% of directors on Wisconsin's 50 largest publicly traded companies this year, on par with 2012," the report said.

 

Click here for the full article.

 

Corporate board composition poised for change according to Ernst & Young report
More directors reaching retirement age
   

Mirroring the demographic shifts happening throughout the workforce, a significant number - 20% - of board seats at S&P1500 companies are held by directors nearing or exceeding the common board retirement age of 72. These retirements represent opportunities to fill these positions with diverse directors. According to a report by Ernst & Young, "Some investors are prioritizing board diversity and are more closely assessing whether board composition reflects a company's strategic direction, regulatory developments, challenges and transformation."

 

Click here to read the full report. 

 

National research echoes status quo of local movement of women on boards

In December, National Public Radio aired a segment about the slow progress of women joining corporate boards. The report was based on research from Catalyst, an organization dedicated to expanding opportunities for women and business. Deborah Gillis, chief operating officer of Catalyst, says the findings, based on mid-2013 data, are very disappointing. "Frankly, it's embarrassing, because there's no excuse in 2013 for women to remain shut out of the most senior decision-making roles in these companies," Gillis says. The research examined Fortune 500 Companies and found that women hold only about 17 percent of the seats on boards of directors, and they have an even smaller share - about 15 percent - of senior executive positions.

 

Despite all the talk about the value of increasing gender diversity at the top, not much has changed. Click here to read a transcript of the broadcast.

 

Janet Yellen's confirmation as Federal Reserve Chair marks historical first

In January, Janet Yellen was confirmed as the first woman to lead the Federal Reserve in its 100-year history and on February 1, 2014 officially assumed leadership of the organization. According to a report in Reuters, "In doing so, she will take the reins of the world's largest economy and become the most powerful person in the world of finance. Her well-deserved ascension to the chair knocks a notable hole in the glass ceiling that has for far too long kept women from the most powerful jobs in the country," AFL-CIO President Richard Trumka said in a statement.

 

Congratulations to MWinc Steering Committee member Mary Dowell on being named a 2014 Tempo Mentor Award Winner

Mary Dowell, Vice President of Foundation Affairs and Global Community Relations for Johnson Controls, was named one of three mentor award winners by Tempo, an organization dedicated to furthering the impact of women leaders in our community. Dowell has been with Johnson Controls since 1996 and has led the company's community relations efforts for more than 10 years. Through her leadership, she has enhanced the company's community image and visibility for internal and external stakeholders. The other Tempo award winners were Gwen Jackson, who has spent more than 60 years in professional and volunteer capacities, working top advance women and minorities in Milwaukee, and Mark Sabljak, Publisher of the the Milwaukee Business Journal since 1994.       

 

Quadracci Leaves a Legacy of Inclusion

by: Phyllis King, MWi, Chair

  
Betty was a community advocate, philanthropist, business leader and champion for diversity and inclusion in the workplace.
   
Betty co-founded MWi in 2002 and brought together - literally around her own table - professional women determined to enhance the face and quality of leadership in the Wisconsin business community. Since that time, more women have advanced in leadership roles and are now serving on corporate boards. To read Phyllis King's full article, click here. 

 

Women Still Not Making Headway on Corporate Boards

Women are still not making headway when it comes to getting on corporate boards or into senior leadership roles within big companies. New research out Tuesday examined Fortune 500 Companies and found that women hold only about 17 percent of the seats on boards of directors, and they have an even smaller share - about 15 percent - of senior executive positions. Click here for more information.

    
Diversity Drives Diversity - From the Boardroom to the C-Suite

Incremental changes in gender diversity continued across Boardrooms and C-Suites in the United States in 2013. The data revealed that these incremental changes may be transformative over time: putting women on Boards and in leadership roles drives further diversification - across gender, tenure and age - in the Boardroom and across the executive pipeline. Women are joining Boards at higher rates, although progress is slow. Diversity Drives Diversity explores progress made to increase gender diversity on Corporate Boards in the United States. Click here for the full document.

 

Learn More About Milwaukee Women inc  

If you are interested in learning more about Milwaukee Women inc, visit our website at www.milwaukeewomeninc.org