News Formal

Goldman Sachs to companies: Hire at least one woman director if you want to go public

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

NEW YORK (REUTERS) - From June 30, Goldman Sachs Group will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, chief executive David Solomon said on CNBC on Thursday (Jan 23).. Read more at straitstimes.com.

NEW YORK - From June 30, Goldman Sachs Group will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, chief executive David Solomon said on CNBC on Thursday .

"We're not going to take a company public unless there's one diverse board candidate with a focus on women," he said. Goldman will not turn away companies that lack diverse boards at the outset, and it said it currently has some clients that will need help meeting this new standard. The bank said it would introduce executives of these companies to qualified potential candidates.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs to companies: Hire at least one woman director if you want to go publicRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Goldman Sachs to companies: Hire at least one woman director if you want to go publicRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »