Why American Women Hate Board Quotas

Feb 11, 2015 9:30 AM ET
Karen Narasaki, Sheryl Sandberg, Janet Murguia and Patricia Worthy on Thursday March 14, 2013 in Washington, DC. (Photo by Matt McClain for The Washington Post)

Excerpted from article originally published by The Washington Post

By Danielle Paquette

Peter Grauer, the chairman of Bloomberg L.P., leads the U.S. chapter of the 30% Club, which globally pushes for better representation of women on FTSE-100 boards. Grauer wants to see a higher percentage at home and abroad — but a mandatory quota, he said, isn’t the way to make it happen.

“It starts with recruiting, a pipeline of candidates coming in, and making sure we’re creating the right work environment,” he said. “It’s critically important that the tone is set at the top of the organization.”

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