Terry Lundgren

Chairman of Macy's 

 

"My company was recognized in 2015 for being 1 of 30 companies in the F1000 with more than 40% of women on their board. Macy’s currently has 50% of women on their board of directors.” I just think that every company should strive for that because the conversation around the boardroom table changes in a very positive and effective way.”

"When I first was looking to add women to his board of directors, I was seeking CEO candidates. “You have to look beyond that. In our case, we looked for CFOs, COOs, Chief Marketing Directors, Chief Strategists – and we found a tremendous pool of talented women. To me, that is the secret sauce.”

"The pipeline of qualified women boardroom candidates are out there – company CEOs/Boards simply have to be intentional about gender parity like Terry and the Macy’s Board."

 

“I would challenge every Fortune 500 CEO to take on that personal challenge to get to parity, to get to 40%, and help move the United States up from ranked 14th in the world – which is unacceptable – to something more like first.”

MORE STORIES:

Roger Ferguson - CEO TIAA

 

"Boards with more diverse voices, lead to companies with better financial performances."

 Ursula Burns  - Chairman VEON

 

"It's a good thing to have different points of view in the decision-making process."

Patrick Burke - CEO HSBC North America

 

"It's simple... you have to tell yourself, I'm going to find a qualified candidate with a diverse background ."

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