Okta Sponsors Firstboard.io to Support Talent Diversification at the Highest Levels
July 09 2024 - 8:00AM
Business Wire
Okta, Inc. (NASDAQ:OKTA), the leading independent identity
provider, today announced its sponsorship of Firstboard.io, a
curated group of experienced women board directors and board-ready
accomplished tech executives. Through this collaboration, Okta will
support Firstboard.io as they increase the number of women
technology leaders on boards to pave the way for more gender
diversity and leadership in business.
According to the U.S. Technology Spencer Stuart Board Index,
female representation in boardrooms is slowly rising, with women
representing 31% of directors on technology company boards in 2023.
However, the survey reported that women accounted for 38% of new
directors, marking the lowest figure in this index since 2018.
“Despite initiatives to achieve gender parity in boardrooms,
there’s still progress to be made,” said Kerry Ok, Chief Marketing
Officer at Okta. “We’re committed to doing our part to regain
momentum, understanding that having diversity at the highest levels
is critical to creating a culture of belonging and driving business
success. Our partnership with Firstboard.io is a step towards
progress on our journey to more inclusive leadership.”
In today’s digital-first world, the composition of boards also
requires specialized cybersecurity knowledge. Given their
responsibility to oversee a company’s strategy and risk management,
board directors need to have an understanding of imminent threats.
PwC’s recent survey explores the evolving business landscape,
citing that 80% of directors view technological disruption to be a
moderate or serious risk.
“The benefits of diversifying talent and the connection to
improved board effectiveness is significant,” said Rita Scroggin,
Founder and CEO at Firstboard.io. “At Firstboard.io, it’s our
priority to connect women leaders with domain expertise in
cybersecurity, AI, enterprise software, and other key technologies
to next generation boards. By sharing our vision with our sponsors,
we’re able to accelerate a future where more inclusive leadership
is achievable.”
About Firstboard.io
Firstboard.io is a curated collective of accomplished women
technology leaders comprised of sitting board directors and board
ready executives with expertise in accelerating growth across
different domains from early stage to IPO and beyond. By connecting
exceptional technology leaders with forward-thinking organizations,
Firstboard.io is creating a powerful ecosystem that promotes
diversity of perspectives and excellence in the boardroom. For more
information on how to find your next Board Director and the
Firstboard.io mission, please visit https://www.firstboard.io/
About Okta
Okta is The World’s Identity Company™. We secure Identity, so
everyone is free to safely use any technology. Our customer and
workforce solutions empower businesses and developers to use the
power of Identity to drive security, efficiencies, and success —
all while protecting their users, employees, and partners. Learn
why the world’s leading brands trust Okta for authentication,
authorization, and more at okta.com.
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Media Contact: Jennifer Yamamoto
jennifer.yamamoto@okta.com
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