Category: Forbes

How Women Will Save The Future, One Corporate Board at a Time

Getting more women into the corporate boardroom has been a high priority governance issue for several years globally.

While there has been progress, has it been enough?

According to data from MyLogiq, 30% of corporate directors are female for the companies in the Dow 30, while only 23% are female for companies in the Russell 3000 index.

Deloitte reports that women only hold 16.9% of board seats globally even though between 2008 and 2015, 32 countries enacted some type of boardroom gender quota.

As a macro benchmark, the World Bank estimated that 50.52% of America’s population and 49.58% of the global population was female in 2018. Deloitte’s research reports that Norway and France come closest to these percentages, with female directors comprising 41% and 37% of the boardroom.

Bob Iger Rebuilt The Magic Kingdom—And It’s Likely Made Him Richer Than A Disney Heir

Over the past two weeks, Robert Iger, the CEO of Disney, has made headlines not for Disney’s Avengers box office performance or for his completion of the Disney-Fox merger, but for something more personal: his $65.6 million salary—an amount that Disney heir Abigail Disney recently called “insane.”

Both on Twitter and in a Washington Post op-ed, she lamented the salary gap between Iger and his employees—Iger makes 1,424 times what the median Disney worker does—and called out the fact that pay practices like Disney’s have led to a shrinking middle class, with more people in poverty and a few super rich.

Iger is indeed super rich: Forbes estimates his net worth at $690 million. That’s likely more than Abigail Disney. Based on a review of Forbes’ historical files, and assumptions that she and her three siblings each inherited an even share of their father Roy E. Disney’s fortune, Abigail is likely worth less than $500 million.