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XPO Named Winning ‘W’ Company by 2020 Women on Boards
June 12,
2019 by Laurie Northington in Business Strategy, Delivery, Industry
2020WOB supports the goal of women holding at least 20 percent of all public company board seats by the year 2020. XPO’s board composition exceeds that goal, with three of eight directorships held by women.
The designation of Winning "W" Company earns XPO inclusion on the 2020 Women on Boards Gender Diversity Index. The company’s board composition is 38 percent women, as compared with 2020WOB’s 2018 finding of 17.7 percent among U.S. companies on the Russell 3000 Index.
"We applaud XPO’s chairman and chief executive officer, Brad Jacobs, and XPO’s board for engaging diverse gender perspectives. Studies show that women bring unique insights to the corporate governance process," said Betsy Berkhemer-Credaire, CEO of 2020WOB.
"We’re honored to be recognized by 2020 Women on Boards for the composition of our board," said AnnaMaria DeSalva, vice chairman of the board of XPO Logistics. "The diversity of experience of our directors enhances our ability to serve the interests of all our stakeholders."