Is it Still Lonely at the Top? Board Diversity Continues to be a Top Business
Concern in Canada

Canadian Board Diversity Council Answers Your Questions

TORONTO, March 3 /CNW/ - A new report released today notes that it is still lonely at the top for those rare female individuals who have achieved a seat in the boardroom.

The Canadian Board Diversity Council (CBDC) can provide in-depth explanations and answer your questions related to:

    
    -   How can Canadian corporations attract and recruit more female
        directors to their boards?

    -   What are the challenges facing female executives looking to join
        corporate boards?

    -   What are the benefits of board diversity to Canadian organizations?

    -   How does a diverse board position an organization for successful
        recruiting and increased shareholder value?
    

The CBDC is led by organisations that are leaders in diversity and corporate governance in the private, public and not-for-profit sectors. With respect to gender diversity, the Council aims to increase the number of seats held by female directors of FP500 organizations from 13 percent to 20 percent and increase the number of female directors of federal public sector boards. The CBDC believes that boards comprised of directors who bring a wide range of perspectives, skills and experience to corporate governance will be more effective contributors to the performance of their corporations.

About the Canadian Board Diversity Council (CBDC)

Launched in November 2009, the Canadian Board Diversity Council is led by an active steering committee and 38 top Canadian organizations in the following sectors: banking; gas/electrical utilities, pipelines; diversified financials; transportation/couriers; general merchandisers; high-tech manufacturing; accounting; oil & gas companies; motor vehicles & parts; executive search firms; accounting; life & health insurance; law firms; food & drugstores; telecommunications; mining; and, academic institutions. In response to the surge of interest in board diversity in Canada and around the world, the CBDC has developed a mandate to increase the appointments of women, aboriginal and First Nations people, people with disabilities, members of visible minority groups and members of the LGBTQ community to Canada's boards.

For further details please visit: www.boarddiversity.ca

For further information: To speak with a spokesperson from the CBDC please contact: Ron Barry, Canadian Board Diversity Council, [phone] ext. 249, [phone] (mobile), [email protected]