Women Board Chairs Bring Diversity of Thought to the Table

Private Company Director Magazine

August 2021

Meghan Juday was appointed chairman of IDEAL Industries in February 2020. A few months before, the company had welcomed a new non-family CEO. A month later, it faced the global pandemic. And now, it's dealing with a year of "insane growth." As she faced these issues, she wondered if other women board chairs might be able to offer her support and advice. She found a curious statistic.

"Only 4% of public company chairs are women," Juday says. "I didn't realize it was so rare to find other female board chairs."

Juday began to search for other women in her position at private companies. She started a peer group and expected to "get four of five members by beating the bushes." There are now 31 members...

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