American Family Insurance named a Winning Company for boardroom gender diversity
With about 30-percent of American Family's Board comprised of women, the Madison, Wis.-based insurance company has earned a “W” Winning Company Award from the 2020 Women on Boards, a national organization committed to increasing the percentage of women on corporate boards.
American Family Insurance has been honored for female representation on its board of directors, earning a “W” Winning Company Award from the 2020 Women on Boards, a national organization committed to increasing the percentage of women on corporate boards.
The Winning Company Award is given to companies that have 20 percent or more of their board seats held by women. American Family currently exceeds that benchmark by more than 10 percent, with four women on its 13-member board (nearly 31 percent):
Kathleen Barclay, retired senior vice president of human resources of The Kroger Company, Cincinnati, Ohio
Christine Cumming, retired first vice president and chief operating officer of the Federal Reserve Bank of New York
Londa Dewey, president of QTI Group, Madison, Wisconsin
- Leslie Ann Howard, senior advisor to the chief executive officer of United Way Worldwide
2020 Women on Boards, founded in 2010, is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20 percent or more by 2020.
“Tapping into diverse experiences and perspectives is critical to effective decision-making. It maximizes our ability to identify business opportunities and risks, ask the tough questions and innovate,” said Jack Salzwedel, chairman, chief executive officer and president of American Family Insurance.
“Ultimately our customers benefit when our board is able to make thoughtful decisions to formulate and achieve our company’s strategy.”
The company is committed to strengthening its board diversity in the future.
“While we are honored by this recognition,” Salzwedel said, “we must and will continue to do more to improve the diversity of our board.”
About American Family Insurance
Madison, Wis. - based American Family Insurance, celebrating its 90th anniversary in 2017, is the nation's 13th-largest property/casualty insurance group and ranks No. 332 on the Fortune 500 list. The company sells American Family-brand products, including auto, homeowners, life, business and farm/ranch insurance, through its exclusive agents in 19 states. American Family affiliates (The General, Homesite and AssureStart) also provide options for consumers who want to manage their insurance matters directly over the Internet or by phone. Web www.amfam.com; Facebook www.facebook.com/amfam; Twitter www.twitter.com/amfam; Google+ plus.google.com/+amfam/.