Women's Forum of New York to Honor Cooper Tire for Female Representation on Company's Board of Directors
Cooper Tire & Rubber Company will be recognized by the Women's Forum of New York at its Breakfast of Corporate Champions on Nov. 7 for having a corporate board comprised of 30 percent women, exceeding the national average of 23.4 percent. The Women's Forum of New York, through its Corporate Board Initiative, is working toward achieving 50/50 gender parity in the nation's boardrooms by 2025.
"Diversity in the boardroom is good business," said Cooper President & Chief Executive Officer Brad Hughes. "Different backgrounds and perspectives brings about healthy debate on strategic opportunities and challenges. Further, board diversity helps Cooper be more representative of our customers and the world, which leads to our company being more reflective of the rapidly changing industry and consumer environment. We are proud to earn this recognition from the Women's Forum of New York and pleased to benefit from the diversity of our board."
"On behalf of the Women's Forum of New York and our more than 500 members who have achieved at the highest levels in every professional sector, we salute Cooper for actively enhancing its boardroom diversity and increasing its percentage of woman-occupied board seats to 30 percent," said Janice Ellig, CEO of the Ellig Group and Chair and Founder of the Breakfast of Corporate Champions.
Cooper will join 323 S&P/Fortune 1000 companies to be honored in November. Roger W. Ferguson, Jr., President and CEO, TIAA, and Maggie Wilderotter, former Executive Chair and CEO of Frontier Communications, are Co-Chairs for this year's event. They will be joined by an impressive line-up of leading CEOs and Directors who will speak about gender balance in the boardroom as a strategic business imperative:
- Michele Buck, President & CEO, The Hershey Company
- Michael Corbat, CEO, Citigroup
- Mary N. Dillon, CEO, Ulta Beauty, Inc.
- Hubert Joly, Executive Chairman and former CEO, Best Buy Co., Inc.
- Margaret Keane, President & CEO, Synchrony Financial
- Larry Merlo, President & CEO, CVS Health
- Patricia F. Russo, Non-Executive Chairman, Hewlett Packard Enterprise Company
- Meg Whitman, former CEO, Hewlett-Packard
The Nov. 7 Breakfast of Corporate Champions will take place at Cipriani 42nd St. in New York City from 7:30 to 10:30 a.m. To learn more about the event, visit www.womensforumny.org.
About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a global family of companies that specializes in the design, manufacture, marketing and sale of passenger car, light truck, medium truck, motorcycle and racing tires. Cooper's headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design operations within its family of companies located in more than one dozen countries around the world. For more information on Cooper, visit www.coopertire.com, www.facebook.com/coopertire or www.twitter.com/coopertire.
About the Women's Forum of New York
The Women's Forum of New York is the city's premier organization of women leaders. The invitation-only membership of more than 500 women represents the highest levels of achievement across all professional sectors from finance to fine arts. The organization is dedicated to the advancement of women's leadership through programs which enrich members' lives both personally and professionally through The Education Fund, which enables talented women whose potential has been disrupted by extreme adversity to resume their education, and through the Corporate Board initiative, which extends and expands the contribution of women leaders through corporate board participation. Founded in 1974, the Women's Forum of New York is the flagship of the International Women's Forum, a global organization of over 6,500 outstanding women leaders in over 74 Forums around the world.
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