Equilar and Nasdaq Announce Strategic Partnership to Advance Boardroom Diversity
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Equilar today announced a strategic partnership with Nasdaq to help companies with board composition planning through access to its BoardEdge platform. Last week, Nasdaq announced proposed changes to its U.S. listing standards related to board diversity and disclosure. Through the BoardEdge platform and the Equilar Diversity Network (EDN), the partnership will enable Nasdaq-listed companies to access a large community of highly-qualified, diverse, board-ready candidates to amplify director search efforts.
“In making the proposed changes to our listing standards, it was important to offer additional solutions to our clients to assist them with the new board diversity requirements we put forth,” said Nelson Griggs, President, Nasdaq Stock Exchange. “We recognize that companies want to leverage their own network to create a candidate pipeline, while also tapping into a broader community of candidates. Making Equilar’s BoardEdge available to our clients is an important step to support our listed companies in this effort.”
Since 2016, Equilar has worked closely with nearly 40 EDN partners to increase visibility for diverse board candidates, with over 2,000 EDN members appointed to corporate boards.
