Schwank resolution calls for women in senior management
State Sen. Judy Schwank (D-Berks) on Jan. 22 introduced a resolution that would encourage Pennsylvania corporations to pursue more equal and diverse gender representation in senior management and on boards of directors.
“Companies benefit from the input of women,” Schwank said. “We’ve seen the numbers, we have tangible evidence that women have so much to offer to their companies. This is an important and positive step for businesses as well as for the community.”
Studies have shown that companies with more women in positions of power outperform companies without equal representation.
The resolution, SR 255, recommends all nonprofit, privately held and publicly traded institutions and companies in the Commonwealth make a commitment to increase gender diversity on their boards of directors and in senior management positions by Dec. 31, 2020.