Cooper Tire & Rubber Company (NYSE: CTB) has been named a Winning “W” Company by 2020 Women on Boards for having at least 20 percent women on its corporate board prior to the year 2020. Cooper has 30 percent female board representation.
Winning “W” Companies are cited in the 2020 Women on Boards (2020WOB) annual Gender Diversity Index, which tracks the number of corporate board seats held by women among the Russell 3000 Index. As of 2018, the percentage of board seats held by women rose to 17.7 percent, up from 16.0 percent in 2017. Still, half of the Russell 3000 companies have one or no women on their boards.
“We are proud to earn this recognition from 2020 Women on Boards,” said Cooper President & Chief Executive Officer Brad Hughes. “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.”
“We applaud Cooper for engaging the diverse opinions and perspectives of both genders on its board,” said Betsy Berkhemer-Credaire, Chief Executive Officer of 2020 Women on Boards. “Studies have shown that the varied perspectives of women are uniquely valuable to corporations and the challenges they face today.”
About Cooper Tire & Rubber Company
Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a global family of companies that specializes in the design, manufacture, marketing and sale of passenger car, light truck, medium truck, motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design operations within its family of companies located in more than one dozen countries around the world. For more information on Cooper,
visit www.coopertire.com, www.facebook.com/coopertire or www.twitter.com/coopertire.
About 2020 Women on Boards 2020 Women on Boards is a global education and advocacy campaign committed to building public awareness and momentum toward the goal of achieving at least 20 percent of all company board seats to be held by women by the year 2020, the milestone 100th anniversary that commemorates the 19th Amendment, when women won the right to vote. The campaign’s signature programs include the Gender Diversity Directory, a database which tracks the gender composition of company boards, the annual Gender Diversity Index report, and the National Conversation on Board Diversity events held in more than 30 cities each November. In just nine years, 2020 Women on Boards has become a respected global brand while building a reputation as a formidable advocate for advancing women to corporate boards. www.2020WOB.com