As the sun rose on Wednesday, March 8th, early-morning Wall Street commuters quickly realized there was an addition to the corner of Bowling Green, previously solely inhabited by the Charging Bull Statue: the new fixture is Fearless Girl by artist Kristen Visbal.
Installed overnight, the statue serves as a striking symbol of women in leadership, as part of a campaign by SSGA to increase the number of women in leadership positions across corporations in the U.S.
On this International Women's Day, and every day, it is important to remember where we came from, celebrate how much progress we have made, and resolve our commitment to fostering equal opportunity, valuing respect, encouraging diversity of thought, and working together to build a better tomorrow.
The new campaign also calls on more than 3,500 companies—the ones that SSGA invests in on behalf of clients—to take steps to increase the number of women on their corporate boards. “We believe good corporate governance is a function of strong, effective and independent board leadership,” Ron O’Hanley, president and chief executive officer of SSGA, said in a statement. “A key contributor to effective independent board leadership is diversity of thought, which requires directors with different skills, backgrounds and expertise. Today, we are calling on companies to take concrete steps to increase gender diversity on their boards and have issued clear guidance to help them begin to take action.”