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Download the press release here.
Made possible through a generous gift from Linda Rabbitt, founder and CEO of Rand Construction Corporation, GW Trustee and IWF member, On the Board promises to reshape the business landscape by building a pipeline of women prepared to serve on the boards of leading international companies. The goal of the program is to be recognized, by 2020, as a major international initiative for advancing women's executive committee and board leadership.
On the Board welcomed its first class of 15 Fellows at a critical time: though more women in the U.S. earn advanced degrees than men and 75 percent of purchasing decisions are made by women, their representation on corporate boards has stalled at 16 percent for the last decade. More than 1,100 directors currently serving on Fortune 1000 boards are more than 70 years old. With their retirement looming, demand is surging for a new generation of directors. On the Board seeks to ensure that this new generation is gender balanced.
On the Board is organized around three residencies in Washington, DC, held each year over long weekends in February, July, and November. The program is primarily composed of closed-door training and development sessions with leading faculty, current board directors, coaches, and other experts.
On the Board Fellows will receive advanced board leadership training in:
On the Board held a public launch event on February 21, 2013. Open to the public, the event introduced the incoming class of inaugural 2013 Fellows and featuredspeakers and panels exploring women's leadership and the future of women on corporate boards.
Videos from the launch event are available on Fora.tv.
The Financial Times: "US school takes aim at 'glass ceiling'"
The Washington Business Journal: "Details Emerge on Fellowship Program"
Bloomberg Businessweek: "Program Aims to Prepare Women for Board Service"
George Washington University was the recipient of MBA Women International's Hall of Heroes Award, which recognized On the Board for making a significant impact to better position women into leadership roles.
For more information, please contact:
Associate Director of Executive Education Programs