50/50 Women on Boards™ (50/50WOB), the leading global education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, commends Independent Bank as a “3+” company, for having three or more women on its corporate board of directors.
With three women directors, representing 27.3% of its corporate board seats, Independent Bank has made a business decision aligning with independent research that demonstrates when three or more women serve on a board, profitability, productivity, and workplace engagement increase.
“We are honored to have three remarkable women, Joan Budden, Christina Keller, and Ronia Kruse, serve on our board of directors,” said Brad Kessel, President and CEO of Independent Bank. “Working toward gender balance and diversity is a primary goal of Independent Bank.”
“Investors, legislative mandates, and enlightened leaders continue to make institutional decisions that reinforce the business advantages of gender balance,” said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. “We are pleased to recognize Independent Bank for prioritizing this business imperative that benefits stakeholders and shareholders.”