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.
Charlotte Sweeney, was previously International Head of Diversity and Inclusion for Nomura International PLC., was asked by Business Secretary Vince Cable to review the executive search firms’ Voluntary Code of Conduct late last year.
During the course of her review she interviewed and challenged key stakeholders including chairs, board consultants, female directors, investors, HR directors, company secretaries and other interested parties to get a better picture of the compliance of the Code.
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.
The Female Health Company (FHCO) F1Q 2014 Earnings Conference Call February 3, 2014 11:00 a.m. ET
Overton B. Parrish Jr. – Chairman of the Board Karen L. King – President & Chief Executive Office Michele Greco – Chief Financial Officer & Vice President
Jack Wallace – Sidoti & Company Marc Robins – Catalyst Research
General Motors Co. announced Tuesday Mary Barra will take over as its new chief executive early next year, making her the first female to take the helm of a major global automaker.
Ms. Barra, 51, will succeed Dan Akerson in the role when he steps down as chairman and CEO on Jan. 15, 2014, the company said.
The decision comes one day after the U.S. Treasury announced it had sold its remaining common stock in the Detroit automaker stemming from the US$60-billion government bailout of the company in 2009 during the economic crisis.
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.