Will Dorton Quoted in Financial Times' Agenda on Gender Composition of Company Boards

Will Dorton (Of Counsel, Lexington) was recently quoted in in the Financial Times’ Agenda Week 's article, "Majority-Female Directors — Not Your Grandfather’s Board." Only 22% of corporate board directors, globally, are women, according to figures from corporate governance research firm Diligent Institute. And only 7% of those boards are led by women. Dating app, Bumble CEO Whitney Wolfe Herd, at 31 will be one of the youngest female founders to take her company public. Bumble also stands out for having a much younger than the average age of 48.6 for board members, having three board members under the age of 40. It is expressed that seeing gender parity and diverse board composition is what will stick with onlookers, more so than diversity requirements. “There are a lot of trendy companies right now that were founded and are run by younger people who seem to be more receptive to addressing social issues through corporate action, and shifting board composition is a part of that,” Dorton says. Click here to read the full article.