Le Lézard
Classified in: Business
Subjects: WOM, STP

Wolf Administration Calls for Greater Recognition of Gender Diversity's Impact on Business


HARRISBURG, Pa., March 22, 2018 /PRNewswire-USNewswire/ -- Secretary of Banking and Securities Robin L. Wiessmann is calling for greater dialogue surrounding the issues of gender diversity in business leadership roles and the impact that diversity can have on business.

"Greater board diversity recognizes the importance of diversity of thought, experience, and perspective in business and management," said Wiessmann. "Research supports the idea that having more women in leadership roles has a positive impact on a company's financial returns and board performance."

As the end of Women's History Month approaches, Wiessmann is urging companies and organizations to evaluate their board composition, with the understanding that companies' leadership teams should be more reflective of the increasingly diverse communities and consumer bases they serve, a large segment of which is female.

"I am so proud to be one among the eight extraordinary female cabinet officials of the Wolf Administration," said Wiessmann. "Governor Wolf has made gender diversity a priority for state government, and we are confident that the private sector can make great strides in closing the gender disparity among its leadership ranks."

In the latest PA Money Talks blog post, Wiessmann explores the impacts of gender diversity on business in the first of a series dedicated to topics related to Women in Finance.

"This ongoing challenge requires working collaboratively towards the development of diversity in business leadership. Doing so will serve to strengthen Pennsylvania companies and business, and our overall economy," Wiessmann writes.

Read more on the department's blog: http://www.dobs.pa.gov/PaMoneyTalks/Pages/Blog.aspx

Secretary Wiessmann and staff from the Department of Banking and Securities engage with members of the business community through a variety of industry events, such as professional conferences and meetings. Contact the department for information on engagement opportunities, enovak@pa.gov or 717-783-4721. 

MEDIA CONTACT: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking and Securities


These press releases may also interest you

at 10:24
Two media professionals, Muhammad Al-Yahyai and Dahem Al-Qahtani, have recently joined "Alaraby TV" to present two programs, namely "Khaleej Al Arab (Arab Gulf)" and "Qeraa Thania (Second Reading)." Omani journalist Muhammad Al Yahyai will present...

at 10:00
Tidel, a world leader in cash automation systems for the retail marketplace, today announced the TR180, a next generation retail cash recycler offering an unparalleled combination of performance, ergonomics, and configurability, all in a fully...

at 03:00
Powerbridge Technologies Co., Ltd. ("Powerbridge" or the "Company"), a SaaS solutions and Blockchain applications provider, today announced that it has received a notification letter (the "Notification Letter") from the Nasdaq Stock Market LLC (the...

at 02:00
From the 18th to midnight (UTC+8) on the 25th of January, investors depositing Inflation Hedging Coin (IHC) tokens on the X-Meta Exchange (x-meta.com) will be eligible for an exclusive reward of 5% of the total amount of IHC tokens they deposit. The...

15 jan 2022
Beyond Protocol, the distributed ledger technology platform, is proud to announce that its native token, $BP, will be listed on Gate.io starting Sunday. Gate.io is one of the top 10 crypto exchanges in the world. "Beyond Protocol is excited to...

15 jan 2022
WHAT: HairClub, with our Miami Heat partner, is donating a once-in-a-lifetime all-inclusive suite night and 200 tickets to a deserving selection of community-driven centers and organizations around South Florida. WHO/WHEN: As part of HairClub's...



News published on 22 march 2018 at 15:30 and distributed by: