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50 Percent Increase in Tennessee Public Companies with Women Board Directors

 25 Sep 2013 12:35 PM |

– Speaker Harwell and Buffett Biographer Schroeder Address Crowd of 400 at Board Walk of Fame
– Cable to Launch New Corporate Board Academy in October 2013

NASHVILLE, Tennessee (September 25, 2013) – Nashville-based Cable and the Lipscomb University College of Business today announced that their newly released Women in Corporate Leadership Census reveals a 50 percent increase in Tennessee public companies with two or more women on their boards compared to the prior study year. Speaker Beth Harwell and keynote speaker Alice Schroeder Warren Buffett biographer and board director on a number of international boards addressed the new study results and the importance of diversity in governance to more than 400 Tennessee business leaders at Cable’s fourth annual Board Walk of Fame event on September 19 at Lipscomb’s Allen Arena.

“We are encouraged by this progress toward balance in corporate leadership at some of our largest and most prominent organizations, though research shows that Tennessee remains in the bottom quartile for women in leadership compared to other states,” said Susan Allen Huggins, Executive Director of Cable. “Cable’s Women on Corporate Boards team has worked for years to educate Tennessee business leaders on tangible and intangible benefits of gender diversity in the boardroom and while there is still work to be done, this new research points to momentum and a forward-thinking shift that our state’s workforce and consumers are coming to expect.”

The annual Board Walk of Fame breakfast honors individuals and companies that are leading the way for Tennessee to move from the lowest numbers of women in leadership nationally to diversity in leadership that more closely aligns with the state’s workforce and consumer demographics. In addition to introducing top-line study results at the event, Cable announced the October 2013 launch of its pioneering Corporate Board Academy, following a competitive search for Tennessee women with board relevant levels of fiscal, general and specialized executive experience. The Academy will support board candidates as they pursue and consider their first corporate board seats.

“The inaugural 2013 class of Cable’s Corporate Board Academy has been selected, and this impressive group of women representing some of Tennessee’s most successful companies will begin the program in October,” said Huggins. “Delivered in conjunction with the Tennessee chapter of Women Corporate Directors, the academy will provide a curriculum developed by women serving on some of the world’s most prestigious boards. We look forward to presenting our first class in the spring of 2014.”

About Cable and Women on Corporate Boards

Nashville Cable is Tennessee’s largest and most established network of professionals with nearly 600 members and a 35-year history of helping women reach their full potential. The organization’s mission of “Moving Women Forward” has shaped its networking programs and advocacy initiatives, and created a forward-thinking infrastructure for expansion nationally. Cable’s hallmark initiative, Women on Corporate Boards, is dedicated to increasing numbers of women on Tennessee corporate boards and in the executive suite, and to helping lead that movement nationally. Cable is a member of the InterOrganization Network, an alliance of 17 women’s organizations with a common mission across the U.S. This provides a national context for benchmarking research and enhances our resources to effect positive change in Tennessee. For more information about Cable and Women on Corporate Boards, please visit

About Lipscomb University

Lipscomb University delivers a complete liberal arts education characterized by an integration of Christian faith and practice with academic excellence, preparing each student spiritually, intellectually, socially and physically for life and eternity. Lipscomb’s innovative curriculum and graduation requirements challenge students academically, spiritually and in their role as global community citizens. Lipscomb offers eight bachelor’s degrees in 78 majors or 145 areas of undergraduate study, several pre-professional programs and an accelerated adult degree program for those who wish to complete their undergraduate degrees in the evening. The University also offers 25 master’s degrees, four education specialist degrees and three doctorate degrees in 58 fields of study.