WGL Honored by Women’s Forum of New York for Accelerating Gender Parity in the Boardroom
44 Percent of the Company’s Board of Director Seats Held by Women
Public Company Information:
WASHINGTON--(BUSINESS WIRE)--WGL Holdings, Inc. (WGL) recently earned the Parity Award, special recognition from the Women’s Forum of New York, for accelerating gender parity in the boardroom with 44 percent of its Board of Director seats held by women. During the Breakfast of Corporate Champions, a biennial program, WGL accepted the honor for demonstrating gender balance in the boardroom as a strategic business imperative and for serving as an inspiration for other companies to drive positive change. WGL was also named to this list in 2015.
This year, the Women’s Forum of New York recognized only 43 companies out of the Fortune 1000 and S&P 500 companies that reached this threshold of approaching gender equality, ranking WGL among less than 5 percent of companies regarded as game changers for women on boards.
“WGL has a tradition of embracing diversity as a key company value and we continue to reflect this in our board, our suppliers, employee base, and all across our company,” said Terry D. McCallister, Chairman and CEO of WGL Holdings, Inc. and Washington Gas. “We are proud to have the talent and experience of our female board members and appreciate the tremendous contributions they make to foster a culture of diversity and excellence in their years of service.”
“I am very proud to serve on the board of directors at WGL, and applaud the culture of inclusion and the strong representation of women that have always been a fundamental part of the company’s corporate commitment and heritage,” said Debra L. Lee, Chairman and CEO of BET Networks, and a member of the WGL Board since 2000.
The Women's Forum of New York is the city’s premier organization of women leaders comprising the highest achievers in every professional sector from finance to fine arts. Since 2011, the Women’s Forum of New York’s biennial Breakfast of Corporate Champions has saluted Fortune 1000 and S&P 500 companies with at least 25 percent of board seats held by women.
Of the nine members who make up the WGL board, four are women who have collectively provided more than 20 years of service to the company. In addition to Ms. Lee, they include:
- Nancy C. Floyd, founder and managing director of Nth Power, a San Francisco based venture capital firm focused on advanced energy technologies, energy efficiency and sustainability, who has served as director since 2011.
- A director since 2013, Linda R. Gooden is the former Executive Vice President of Lockheed Martin Corp.’s Information Systems & Global Solutions.
- A director since October 2014, Dale S. Rosenthal was Division President of Clark Financial Services Group where she set strategy for Clark’s entry into the alternative energy space.
WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading source for clean, efficient and diverse energy solutions. With activities and assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL provides natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency. Our calling as a company is to make energy surprisingly easy for our employees, our community and all our customers. Whether you are a homeowner or renter, small business or multinational corporation, state and local or federal agency, WGL is here to provide Energy Answers. Ask Us. For more information, visit us at www.wgl.com.
WGL Holdings, Inc.
Bernie Tylor, 202-624-6778
Douglas Bonawitz, 202-624-6129