Cubic Corporation (NYSE:CUB) today announced it was recognized by 2020 Women on Boards as a Winning ‘W’ Company. 2020 Women on Boards is a global education and public advocacy campaign that advocates for corporations to meet or exceed 20 percent of women directors on their boards by the year 2020. Companies receiving the ‘W’ Company recognition have boards of directors with 20 percent or more women members. Today, women comprise 44 percent of Cubic’s board of directors.
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Cubic Named a 2020 Women on Boards Winning Company (Graphic: Business Wire)
“Cubic is proud to be recognized for our commitment to boardroom diversity and we are fortunate to have four female directors who bring deep industry expertise and unique perspectives to Cubic,” said Bradley H. Feldmann, chairman, president and chief executive officer of Cubic Corporation. “At Cubic, we prioritize diversity and inclusion to strengthen our company culture, generate innovative ideas and in turn, best serve our employees, customers, shareholders and communities.”
“It’s even more critical now, at a time when the business world is transforming a total shift in board governance practices, that we applaud leading companies including Cubic that appreciate having business-savvy women on their boards as a competitive advantage,” said Betsy Berkhemer-Credaire, chief executive officer of 2020 Women on Boards. “Even with the positive national momentum, U.S. companies are still a long way from gender balance in the boardroom and Cubic is showing the way.”
2020 Women on Boards tracks, analyzes and publishes the gender composition of the boards of directors of Russell 3000 companies, the largest U.S.-traded stocks, representing 98 percent of all incorporated equity securities in the U.S.
The 2020 Women on Boards’ Gender Diversity Index (GDI) measures the percentage of board seats held by women on the Russell 3000 list. It reports on progress by company size, state, sector and 2020 Women on Boards ranking.
About Cubic Corporation
Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. Our teams innovate to make a positive difference in people’s lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation. For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp.