Sch­wank res­o­lu­tion calls for women in se­nior man­age­ment

The Kutztown Area Patriot - - LOCAL NEWS - From Sen. Sch­wank’s Of­fice

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.

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