FINDLAY, Ohio—Several rubber industry companies are among the more than 1,350 to be recognized as a Winning "W" Company by 2020 Women on Boards. The designation is granted to companies whose boards have women holding at least 20 percent of the seats.
Begun in 2010, 2020 Women on Boards is a campaign that aims to see women hold at least 20 percent of all U.S. board seats by 2020. To encourage this growth, 2020 Women on Boards recognizes companies that achieve this goal with the Winning "W" distinction.
According to the 2020 Women on Boards database, the following companies have women holding at least 20 percent of the seats on the board of directors:
- Eaton Corp., 29 percent;
- 3M Co., 25 percent;
- Chemours Co., 25 percent;
- Dana Inc., 25 percent;
- Eastman Chemical Co., 25 percent;
- Cooper Standard Automotive Inc., 25 percent;
- Cooper Tire & Rubber Co., 25 percent;
- H.B. Fuller, 22 percent;
- Omnova Solutions, 20 percent; and
- PolyOne Corp., 20 percent
"We are proud to earn this recognition from 2020 Women on Boards," Brad Hughes, Cooper Tire president and CEO, said in a statement. "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."
According to 2020 Women on Boards, the range of perspectives that board members bring is important to ensuring that the company carefully considers its direction.
"Good corporate decision-making requires the ability to hear and consider different points of view, which comes from people who have different backgrounds, experiences and perspectives," 2020 Women on Boards notes on its website.
"Companies that have women directors and executive officers lead by example," the statement adds. "They send a clear message that they value diversity of thought and experience. Advancing women to positions of leadership is smart business."