Gender Diversity And The Value In 'Refreshing' Boards

Law360, New York (December 4, 2015, 1:02 PM EST) -- Earlier this year, I had the opportunity to speak to the chairman of the board of Ericsson. I complimented him on the gender diversity achieved on his board of directors; at the time, out of 11 nonunion board members, Ericsson had four women directors. He responded that once the board had decided to increase the representation of women on the board, there was no shortage of qualified women candidates, and he really valued the contributions of the women directors.

Board Refreshment is Likely to Continue

Anecdotally, it seems like there is a continuing move to "refresh" boards. We have had several...

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