50/50 Women on Boards (50/50WOB) has recognized Cooper Tire & Rubber Co. as a “3+” company for having three or more women on its corporate board of directors. With three female board members, approximately one-third of Cooper’s board seats are held by women.
50/50WOB is a leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards. The campaign applauds companies that have aligned with independent research that demonstrates when three or more women serve on a board, profitability, productivity and workplace engagement increase.
“It is an honor for Cooper to be recognized by 50/50 Women on Boards,” said John J. Holland, chairman of the Cooper Tire Board of Directors. “Cooper is focused on offering a diverse and inclusive environment, starting at the top. Different backgrounds and perspectives bring about healthy debate on strategic opportunities and lead the company to be more reflective of its customers, consumers, employees, investors and the world at large.”
“Investors, legislative mandates and enlightened leaders continue to make institutional decisions that reinforce the business advantages of gender balance,” said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. “We are pleased to recognize Cooper Tire for prioritizing this business imperative that benefits stakeholders and shareholders.”
Cooper has also scored a 100 percent on the 2021 Human Rights Campaign’s Corporate Equality Index and was named a Best Places to Work for LGBTQ Equality. The company was named one of the World’s Best Employers by Forbes in 2020.