Building a More Diverse Board

1. © 2022 I Confidential I All Rights Reserved
Building A Diverse
Leadership Pipeline
T H E F O U R T H F L O O R
O n B o a r d x T h e F o u r t h F l o o r ( E f f e c t )
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2. "Gender Lens Investing: Impact Opportunities Through Gender Equity,"
Cambridge Associates, 2018
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3. "Delivering Through Diversity," McKinsey & Company, 2018 © 2022 I Confidential I All Rights Reserved
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4. Only 14 percent of board
seats are held by women*
*based on a self-selected study of only 500
venture-backed private companies in the
U.S.
2021 Study of Gender Diversity in Private Company Boardrooms -
Crunchbase in collaboration with Him For Her.
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5. Fewer than 5 percent of
these board seats are held
by women of color.*
*based on a self-selected study of only 500
venture-backed private companies in the U.S.
2021 Study of Gender Diversity in Private Company Boardrooms -
Crunchbase in collaboration with Him For Her.
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6. "Male Executives Control 99 Times More S&P Shares Than Women"
- Bloomberg
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Giant Gender Power Gap
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7. "Another California Board Diversity Law Was Struck Down..." -
NYTimes
Women on Boards (SB 826)
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8. Giant Gender Investment Gap
07
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The Fourth Effect
SOON TO BE
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9. "Goldman Sachs' New Rule: At Least 1 Woman on the Board or You Can't
Go Public" - CNN Business "Nasdaq Seeks Board-Diversity Rule that Most
Firms Can't Meet" - Wall Street Journal "Another California Board Diversity
Law Was Struck Down..." - NYTimes
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10. "EU Agrees 'Landmark' 40% Quota For Women on Corporate
Boards" - The Guardian
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By June of 2026, all large
companies operating in the EU
must have a board composition
of at least 40% women
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11. 92% of board seats at
Technology companies are
filled through networking!
"Women Board Members in Technology
Companies: Strategies for Building Diverse
High Performing Boards" by Vell Executive
Search Firm
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Less than 15% of public
company board seats are
filled by recruiters.
This means that 85% of public company board
seats are filled by networking!
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12. Companies
Public &
Fortune 500
Not for
Profit
Startup Family
Business
Venture &
PE
SMEs Foreign
Company &
Subsidiaries
Focus on Private & Smaller Companies
19
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FOURTH
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The Fourth Effect
SOON TO BE
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13. Opportunities
Public
Company
Board of
Directors
Not for
Profit
Board
Mentor Sponsor Angel
Advisor
Advisory
Board
(Council)
Private
Company
Board of
Directors
OBSERVER
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14. Opportunities
Public
Company
Board of
Directors
Not for
Profit
Board
Mentor Sponsor Angel
Advisor
Advisory
Board
(Council)
Private
Company
Board of
Directors
Donate? Regulated
NOT OUR
FOCUS
NOT OUR
FOCUS
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FOURTH
FLOOR
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15. Opportunities
Public
Company
Board of
Directors
Not for
Profit
Board
Mentor Sponsor Angel
Advisor
Advisory
Board
(Council)
Private
Company
Board of
Directors
No Fiduciary No Fiduciary No Fiduciary No Fiduciary Fiduciary
Risks/
Liabilities
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16. "Board Compensation Public-Pre-IPO-Startup" Bill Getch, 2018
Startups, Early Stage, and Smaller Companies
(vesting over 2 - 4 years)
$0 $1,000/meeting $10,000/yr
0.0% 0.25% equity 0.25-1% equity
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Board Compensation Data
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17. © 2022 I Confidential I All Rights Reserved
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"How Much Should I Pay the Directors on my
Board?" Forbes, Bernie Tenebaum, 2017
Number of yearly meetings
Nature of the industry
Size of the business
Structure of the business
Board Compensation
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18. © 2022 I Confidential I All Rights Reserved
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Credibility & Fundraising
Connections and network
Strategic business direction
Independence
1.
2.
3.
4.
Advisory/Governing Boards
Benefits to Companies
34

19. © 2022 I Confidential I All Rights Reserved
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Role Brainstorming - Skills and connections to scale your
company
Network Brainstorming - What networks would benefit
your company most?
Brainstorming Docs
38

20. Thank you!
info@thefourthfloor.co
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