CONTACT: Margie Zable Fisher, Zable Fisher Public Relations, (561) 417-0006 or firstname.lastname@example.org
For Immediate Release
EXECUTIVE SEARCH FIRM LAUNCHES FREE SERVICE FOR WOMEN AND MINORITY POTENTIAL BOARD MEMBERS
New York City, NY – December 6, 2007 – Many executives achieve positions on a Board of Directors because they know someone who puts their name forward. But if you’re a female or a minority, it isn’t always that straightforward.
That’s because there aren’t many females and minorities on Boards, so their networks of people who could be potential Board Members are limited. In fact, according to the Alliance for Board Diversity, females and minorities hold only 29% of Board positions in Fortune 100 companies. Tory Clarke and Larry Griffin, Partners at Bridge Partners, LLC, aim to change that, with the new Directorship Insights service.
As Founders of an executive search firm that focuses on placing senior-level female and minority executives in major U.S. and international organizations, Clarke and Griffin are often asked to discuss the benefits of a diverse Board of Directors. Clarke and Griffin note that there are few women and minorities on Boards, and those that are, often hold multiple positions, which may not be viable going forward, with increased Board Director workloads and regulatory requirements.
They know, however, that there is a significant “untapped supply” of qualified, engaged senior-level female and minority executives who are rarely approached for these Board roles because they are not on the “traditional” radar screen.
When Bridge Partners LLC’s clients began asking how they could access this network of new candidates, Clarke and Griffin realized that they needed to facilitate the connection between the client corporations and these potential board members. So they created a service that did just that (Directorship Insights) where potential board candidates could register (for free) and access information, statistics and links related to serving on Boards, as well as note their personal desire to be considered for Board positions.
“Many senior-level female and minority executives are interested in serving on Boards, but don’t know how to get noticed. We created this service so they would have a starting point. As we learn more about them and their backgrounds, we can start advising them and placing them in Board positions,” notes Clarke.
Clarke and Griffin recently sent letters about the Directorship Insights site to senior-level executives in their network, and Directorship Insights quickly gained 200 members. Now they are officially launching it to the broader executive population. Female and minority executives with previous Board experience, or with a desire to serve as Board members, are encouraged to sign up at www.directorshipinsights.com. Corporations are also encouraged to consider how they might leverage this new source of candidates by contacting the firm.
Bridge Partners, LLC is a retained executive search firm with a focus on placing senior- level women and minority candidates. It is a minority-owned business. For more information please visit: http://www.bridgepartnersllc.com/ and http://www.directorshipinsights.com.
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