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RESOLUTION AS INTRODUCED 2007-2008

HOUSE RESOLUTION

State of Vermont

House of Representatives

Montpelier, Vermont

House Resolution


H.R.  13

House resolution relating to the lack of compensated women on Vermont corporate boards

Offered by:  Representatives Weston of Burlington, Barnard of Richmond, Bissonnette of Winooski, Bray of New Haven, Brooks of Montpelier, Cheney of Norwich, Clarkson of Woodstock, Condon of Colchester, Consejo of Sheldon, Deen of Westminster, Donovan of Burlington, Dostis of Waterbury, Edwards of Brattleboro, Errecart of Shelburne, Fisher of Lincoln, French of Randolph, Haas of Rochester, Heath of Westford, Komline of Dorset, Larrabee of Danville, Larson of Burlington, Leriche of Hardwick, Lippert of Hinesburg, Lorber of Burlington, Malcolm of Pawlet, Marek of Newfane, Milkey of Brattleboro, Miller of Shaftsbury, Minter of Waterbury, Mitchell of Barnard, Morrissey of Bennington, Mrowicki of Putney, Myers of Essex, Nuovo of Middlebury, Ojibway of Hartford, Orr of Charlotte, Pearson of Burlington, Pellett of Chester, Potter of Clarendon, Shand of Weathersfield, Spengler of Colchester, Trombley of Grand Isle, Zenie of Colchester and Zuckerman of Burlington

Whereas, corporations play a fundamental role in the commercial life of Vermont, and

Whereas, boards of directors are the governing mechanism for many, and nearly all large, corporations, and

Whereas, in order for corporate boards to reflect the diverse social and economic perspectives in Vermont, it is important that they have equitable representation of women, and

Whereas, it is only in recent years that a greater percentage of Vermont’s corporate board membership has been comprised of women although, at 33 percent, the percentage still does not reflect the actual presence of women in the state’s population, and

Whereas, those women members who are fortunate enough to sit on a Vermont-based corporate board work as vigorously and conscientiously as their male counterparts, and

Whereas, nevertheless, according to Vermont Business Magazine’s 2006–2007 Book of Lists, women serving on Vermont corporate boards were more likely to serve on boards that do not compensate their members, and

Whereas, in percentage terms, women constituted 37 percent of the unpaid board membership while they equaled only 24 percent of the paid board members accounted for in the survey, now therefore be it

Resolved by the House of Representatives:

That this legislative body urges all Vermont corporations to recruit more women to serve on their boards of directors and especially those corporations whose boards compensate their members, and be it further

Resolved:  That the clerk of the house be directed to send a copy of this resolution to the Vermont Chamber of Commerce, to Vermont Businesses for Social Responsibility, and to the Vermont Business Roundtable.

 

 

____________________________              Attested to:

Gaye R. Symington

Speaker of the House

                                                                      ____________________________

                                                                      Donald G. Milne

                                                                      Clerk, House of Representatives



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us