Zayo Recognized by 2020 Women on Boards for Board Diversity
BOULDER, Colo. -- Zayo Group Holdings, Inc. (NYSE: ZAYO) has been named a Winning ‘W’ Company by 2020 Women on Boards for achieving at least 20% women on its corporate board before the year 2020. With three women on its nine-member board, Zayo’s board is more than 30% female. Zayo’s women board members include Cathy Morris, senior vice president and chief strategy officer at Arrow Electronics; Linda Rottenberg, co-founder and CEO of Endeavor and author of the book “Crazy is a Compliment”; and Emily White, former COO of Snapchat.
Winning ‘W’ Companies are cited in the 2020 Women on Boards (2020WOB) annual Gender Diversity Index which tracks the numbers of corporate board seats held by women among the Russell 3000 Index. As of 2018, the percentage of board seats held by women rose to 17.7%, up from 16.0% in 2017. This upward trend represents good progress, but still, half of the Russell 3000 companies have one or no women on their boards.
“At Zayo, our commitment to diversity and inclusion is central to our business and developing a creative and talented team is essential to building a durable and impactful company,” said Dan Caruso, Zayo’s chairman and CEO. “We remain focused on creating a forward-looking workplace as diverse as the companies and communities we serve.”
"We applaud Dan Caruso and the board of Zayo for engaging the diverse opinions and perspectives of both genders on their board," said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. "Studies have shown that the varied perspectives of women are uniquely valuable to corporations and the challenges they face today.”
Zayo’s commitment to diversity extends throughout the entire organization. Zayo’s 600 Boulder employees is close to gender parity, with 45% female and 55% male. Globally female representation is at 28%. Over the past two years, Zayo has focused on identifying diverse candidates through its community engagement and recruiting initiatives, expanding development and leadership initiatives and providing family-friendly policies, including generous paid parental leave.
Zayo Group Inc. (NYSE: ZAYO)