Happy Tuesday!
For the first time in its 226-year history, the New York Stock Exchange will have a woman as CEO. Stacey Cunningham’s promotion means the two largest exchanges are now run by women. The full article can be found here.
It seems that university endowment boards that have female majorities outperform their peers. A recent study comparing the returns of the Ivy League’s Seven Sisters’ endowments where women hold almost 80% of the investment committee seats outperformed their peers. These investment committees are also great stepping stones for women onto corporate boards. The full article can be found here.
One of the outcomes from Britain’s requirement that companies disclose their gender pay gap is a focus on how to narrow that gap and evolve into more enlightened workplaces. The next article explores what four companies across different industries are doing to recruit and retain female talent. The full article can be found here.
In spite of the studies proclaiming the importance of networking to career success, many women shy away from it because they believe it is more difficult for them, and it turns out it really is. Studies have shown that people form relationships with others like them which can leave women in a male-dominated industry like finance out in the cold. Men and women also tend to favor different leisure activities making it harder to build relationships. The good news is there are steps women can take including joining women’s networking groups and trying to include contacts and colleagues in activities that interest them. The full article can be found here.
And finally, from the inspirational file, the Times published the obituary of Dovey Johnson Roundtree today, and her life story took my breath away. Ms. Roundtree, who passed away at 104, lived an amazing life. She was an inaugural member of the Women’s Army Corps and in 1942 was one of the first women of any color to be commissioned as an Army Officer. She was also one of the first women to be ordained as a minister in the African Methodist Episcopal Church. But it was her law career that was the most impactful. The full article can be found here.
We have some terrific events lined up for you in 2018 including our ten-year anniversary celebrations in August! We look forward to seeing you all at an event in 2018! To learn more about our 2018 events, please visit www.txwsw.com Please also scroll to the end of this newsletter to check out some interesting jobs from our network.
To help us celebrate our ten-year anniversary, I would ask each of you to consider corporate sponsorship of TXWSW. Benefits include attendance at our flagship events and recognition for your firm. To learn more, you may find our sponsor information here. Additionally, we would be happy to create a custom sponsorship for you. Please contact Bianca King at developmentdirector@txwsw.com.
Kind regards
Christine
