DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards. In situations where a company has just one woman on its board, the Fund will vote against members of the board's governance committee standing for re-election. DiNapoli also announced agreements with four Fortune 500 companies to formally include gender and racial diversity in their considerations of board candidates.