FHB recognized for gender-balanced board
50/50 Women on Boards (50/50WOB), the leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, recently congratulated First Harrison Bank for having a gender-balanced board.
With six women directors, holding 50% of its corporate seats, First Harrison Bank is one of only 6% (just 173) Russell 3,000 companies with a gender-balanced board. This achievement is an example of change at the highest level and a corporate commitment to reach equity on corporate boards.
“The composition of the board of directors at First Harrison Bank reflects an organizational culture that welcomes diversity and fosters an inclusive environment. The blend of valued perspectives among board members results in more effective and insightful decision-making,” said Kathy Ernstberger, newly appointed chairwoman for First Harrison Bank and First Capital Inc.
“Over the last decade, our 50/50 Women on Boards Gender Diversity Index reveals the gradual acceleration of women to corporate boards. However, there is still a significant gap to achieve gender balance,” said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. “It’s critical that we recognize these milestones and acknowledge corporations, such as First Harrison Bank, for leading by example toward gender balance and diversity on corporate boards.”
First Harrison Bank has assets of $1 billion, is headquartered in Corydon and operates 18 branch locations in Clark, Floyd, Harrison and Washington counties in Indiana and Bullitt County, Ky.
50/50 Women on Boards is a 501(c)(3) nonprofit that leads global education and advocacy campaign driving the movement toward diverse, gender-balanced corporate boards. The 50/50 Women on Boards Gender Diversity Index directory and research reports track the gender composition of the Russell 3,000 Index company boards. Educational programs produced by 50/50WOB include the annual Global Conversation of Board Diversity; Get on Board! Workshops for board-ready women; and Path to the Boardroom for mid-career women wanting to become board ready.
For more information, visit www.5050wob.com.