Simpson Strong-Tie recognized for corporate gender diversity
Simpson Strong-Tie is winning some points for its strong representation of women in top executive roles.
The company was recognized in the inaugural Watermark Index for gender diversity in corporate leadership. Together with only 10 other companies in the San Francisco Bay Area, Simpson Strong-Tie employs women in at least 30% of its top-five compensated executive positions and board seats.
“We are very honored to be among a stellar group of companies recognized in the inaugural Watermark Index. Women in senior roles at Simpson Strong-Tie is a natural extension of our company culture. It’s the right thing to do, it has the support of the entire management team, and it’s the way we do business,” said Simpson Strong-Tie president and CEO Karen Colonias.
Watermark is a Bay Area executive women’s organization. The index is based on data from the 2015-2016 UC Davis Study of California Women Business Leaders, using information from the 223 largest public companies headquartered in the Bay Area.
Interestingly enough, the study also found that companies on the Watermark Index outperformed other companies in the region by 49%, and companies in the state by 35%.