ION Releases Sixth Annual Status Report on U.S. Women Executives

Fort Washington, PA, March 22, 2010 - The InterOrganization Network (ION) has released its sixth annual report on the status of women directors and executive officers. The report’s findings are consistent with those found in national studies: the low number of women directors and executive officers in U.S. public companies has varied little over the last few years. However, this year’s report also features interviews with 11 "Guys Who Get It" – CEOs or board chairmen of major U.S. public companies who understand the value of diversity at the top.

"These men, all highly influential business leaders, were chosen because they have demonstrated a clear understanding of the business case for diverse leadership. They are impressive role models for corporate executives looking to diversify their own leadership teams," said ION President Rona Wells.

Research for the report was provided by ION’s 14 member organizations located across the U.S. The statistics go beyond examining the status of women in the largest U.S. public companies to include businesses that comprise the backbone of these regional economies.

"This year’s report provides a comprehensive picture of a bleak landscape ripe for change," Wells said. "Too many companies remain mired in the past. Business leaders must look beyond their traditional networks and resources to build teams that include women and people of color."

To accelerate this effort, ION is taking steps to assist companies interested in modernizing their nominating committee charters and board selection processes. In addition to publicizing the existence of a significant pool of accomplished women available and qualified to serve on corporate boards, ION provides women with a national voice and forum for exchanging ideas, connections and best practices.