New York State Comptroller Thomas DiNapoli has announced that the New York State Common Retirement Fund plans to vote against all board directors standing for re-election at companies that have no women on their boards.
In situations where a company has just one woman on its board, the fund will vote against members of the board’s governance committee standing for re-election. DiNapoli also recently announced agreements with four Fortune 500 companies to formally include gender and racial diversity in their considerations of board candidates.
