Canada tapped an outsider on Thursday to head its central bank, bringing in the well-respected head of the Canadian export credit agency, who immediately stressed the need to nurture a choppy economic recovery.
Incoming Bank of Canada Governor Stephen Poloz, 57, worked at the central bank for 14 years earlier in his career. But he has spent the last 14 years at Export Development Canada.
A study to be released soon shows it will take until the year 2097 for women to have equal representation in company boardrooms if no action is taken to boost their participation.
“By 2097 we’re all dead, our children are all dead,” said Pamela Jeffery, founder of the Canadian Board Diversity Council, which plans to release the study next month.
Urban Outfitters' choice for its first female board member is raising some eyebrows. Margaret Hayne, wife of CEO Richard Hayne, is joining the hipster brand's board, reports Gretchen Morgenson at The New York Times.
When Steve Jobs gives you a Porsche at age 23, you know you're destined for a great life. So it is with Craig Elliott, cofounder and CEO of Pertino, a new Valley startup getting ready to emerge from stealth mode. The story begins in 1984, when Elliott, now 52, was living in Iowa taking a year off college.