ATLANTA, March 5, 2020 — Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, has recognized Chart Industries, Inc. (NASDAQ: GTLS) as a "W" for "Winning" company because its corporate board had at least 20% women directors during 2019.
Chart has three women directors out of eight total members, which means women hold 38% of its corporate board seats. 2020 Women on Boards annually tracks, analyzes and reports on the progress of numbers of women on the Russell 3000 company boards. As a campaign dedicated to education and collaboration, 2020WOB recognizes companies, including Chart, that exhibit good corporate governance. A “Winning” company is identified among Russell 3000 public corporations for having achieved the goal of at least 20% of its board seats held by women.
In 2019, the Russell 3000 reached the historic national landmark of 20.4% women holding corporate board positions, up from 17.7% in 2018, per the Gender Diversity Index report that 2020 Women on Boards publishes annually.
Jill Evanko, CEO & President of Chart Industries praised the impact of diversity on the Board of Directors and in Chart’s workforce. “A diversity of views helps to make a company more informed and to make smarter business decisions. We gain greater customer insight and build stronger teams when we listen to different perspectives,” stated Evanko.
It’s even more critical now, at a time when the business world is transforming a total shift in board governance practices, that we applaud leading companies including Chart that appreciate having business-savvy women on their boards as a competitive advantage,” said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. “Even with the positive national momentum, U.S. companies are still a long way from gender balance in the boardroom. And Chart is showing the way.”