2020 Women on Boards Honors Cooper Tire For Female Representation on Company’s Board of Directors
August 12 2019 - 9:00AM
Business Wire
Cooper Tire & Rubber Company (NYSE: CTB) has been named a
Winning “W” Company by 2020 Women on Boards for having at least 20
percent women on its corporate board prior to the year 2020. Cooper
has 30 percent female board representation.
Winning “W” Companies are cited in the 2020 Women on Boards
(2020WOB) annual Gender Diversity Index, which tracks the number of
corporate board seats held by women among the Russell 3000 Index.
As of 2018, the percentage of board seats held by women rose to
17.7 percent, up from 16.0 percent in 2017. Still, half of the
Russell 3000 companies have one or no women on their boards.
“We are proud to earn this recognition from 2020 Women on
Boards,” said Cooper President & Chief Executive Officer Brad
Hughes. “Diversity in the boardroom is good business. Different
backgrounds and perspectives bring about healthy debate on
strategic opportunities and lead our company to be more reflective
of our customers, consumers, employees, investors and the world at
large.”
“We applaud Cooper for engaging the diverse opinions and
perspectives of both genders on its board,” said Betsy
Berkhemer-Credaire, Chief Executive Officer of 2020 Women on
Boards. “Studies have shown that the varied perspectives of women
are uniquely valuable to corporations and the challenges they face
today.”
About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE: CTB) is the parent
company of a global family of companies that specializes in the
design, manufacture, marketing and sale of passenger car, light
truck, medium truck, motorcycle and racing tires. Cooper’s
headquarters is in Findlay, Ohio, with manufacturing, sales,
distribution, technical and design operations within its family of
companies located in more than one dozen countries around the
world. For more information on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire or www.twitter.com/coopertire.
About 2020 Women on Boards
2020 Women on Boards is a global education and advocacy campaign
committed to building public awareness and momentum toward the goal
of achieving at least 20 percent of all company board seats to be
held by women by the year 2020, the milestone 100th anniversary
that commemorates the 19th Amendment, when women won the right to
vote. The campaign’s signature programs include the Gender
Diversity Directory, a database which tracks the gender composition
of company boards, the annual Gender Diversity Index report, and
the National Conversation on Board Diversity events held in more
than 30 cities each November. In just nine years, 2020 Women on
Boards has become a respected global brand while building a
reputation as a formidable advocate for advancing women to
corporate boards. www.2020WOB.com
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Megan James 419.424.4251 majames@coopertire.com
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