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Women Corporate Directors (WCD) – a global community of more than 2,500 directors – recently aggregated the market capitalization of the public companies on whose boards their members serve. They found that the number totalled almost $8 trillion; if WCD were a country, its economy would be the world’s third largest, behind only the US and China.
“The WCD analysis shows that diverse boards add value to the companies they oversee – value that often comes in the form of higher returns or improved overall financial performance,” said Maggie Wilderotter, chairman and ceo of Frontier Communications, co-chair of WCD’s Global Nominating Commission, and director of Procter & Gamble and Xerox.
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