WomenCorporateDirectors (WCD), a global community of women corporate board directors has become a nonprofit organisation in the US following the purchasing of WCD assets by KPMG—which were subsequently contributed into the WCD Foundation. The investment by KPMG will allow the WCD Foundation to grow and expand its resources and influence in the global business community.
With this additional funding, the WCD has pledged to increase the support of WCD’s 70 chapters worldwide—with seven to eight more to come in the next year—and to provide more educational and networking events for directors, such as the WCD’s Global Institute and other regional Institutes in Asia, Europe and the Americas.
Commenting on the development, Susan Stautberg, Chairman and CEO, WCD Foundation stated, “With the support of KPMG—which has been a global lead sponsor of WCD for the past ten years—the WCD Foundation can strengthen its mission to advance best practices in corporate governance and expand our vision of placing more women on boards and supporting them once they are in the boardroom.”
Paul Arkwright
Publisher
