Egon Zehnder Commits to Achieving Gender Parity by 2030

Egon Zehnder Joins Paradigm for Parity℠ Coalition as Founding Member
to Advance Gender Parity in Corporate Leadership Positions

LONDON & NEW YORK–(BUSINESS WIRE)–Egon Zehnder, in partnership with the Paradigm for Parity℠ coalition,
announced its commitment to achieving gender parity throughout the
leadership advisory’s global employee base by 2030. The executive and
Board search and leadership advisory firm joins a 27 member founding
body pledging to achieve gender parity across all levels of corporate
leadership in the US and beyond.

Joining a coalition including Accenture, Adecco, AstraZeneca, Bank of
America, Cargill, The Coca Cola Company, LinkedIn, McKinsey, Nordstrom,
SAP and TD Industries, Egon Zehnder has pledged to support the
Paradigm for Parity’s 5-Point Action Plan for organizations to
accelerate the pace of change in gender parity across senior executive
roles. This unique agenda defines a mindset change and introduces bold
and specific actions that when taken together and implemented
concurrently will catalyze and enable business executives to build a
more robust pipeline for senior leadership positions and Board
appointments.

“Paradigm for Parity℠ builds on the inclusivity and diversity goals that
Egon Zehnder has embraced and operationalized across our firm, and
manifest in our advisory with clients worldwide,” said Rajeev Vasudeva,
Chief Executive Officer, Egon Zehnder. “This coalition uniquely sets
forth a constructive playbook for achieving gender parity by actively
and thoughtfully enabling a path for more women to progress into
executive leadership roles and ultimately reach their highest
potential,” he added.

Egon Zehnder’s Paradigm for Parity℠ pledge builds on the firm’s existing
global initiatives aimed at promoting gender equity across the executive
leadership ranks. A sampling of these programs include Leaders
& Daughters, focused on cultivating the next generation of women
leaders, the “25
by 2025” initiative in the UK calling for 25 female FTSE100 CEOs by
2025, and the Global Board Diversity Analysis, which studies worldwide
gender diversity progress in the boardroom with a call to action to
increase broader leadership opportunities for women and diversity at the
highest leadership levels.

As a private partnership, Egon Zehnder’s diversity agenda has positively
accelerated, with half of all new consultants over the last two years
added being female. In the last six years, the overall share of women in
the consultant pool has grown to over 30 percent and the share of women
in firm leadership roles has equally increased.

Vasudeva added, “Leadership today is about driving a shift from
individual excellence to building a culture of teams and collaborative
success. This will only be achieved if we cultivate more diverse leaders
to impact positive change.”

Click here
to learn more about the Paradigm for Parity℠ coalition and join in the
movement.

About Egon Zehnder

Since 1964, Egon Zehnder has been at the forefront of defining great
leadership in the face of changing economic conditions, emerging
opportunities and evolving business goals. With more than 400
consultants in 69 offices and 41 countries around the globe, the firm
works closely with public and private corporations, family-owned
enterprises and nonprofit and government agencies to provide board
advisory services, CEO and leadership succession planning, executive
search and assessment, and leadership development. For more information,
visit www.egonzehnder.com and
follow the firm on LinkedIn and Twitter.

About the Paradigm for Parity℠ Movement

The Paradigm for Parity℠ coalition is comprised of CEOs, senior
executives, founders, board members and business academics who are
committed to achieving a new norm in corporate leadership: one in which
women and men have equal power, status, and opportunity.

The coalition created the Paradigm for Parity℠ 5-Point Action Plan for
corporations to accelerate the pace of gender equity in senior executive
roles. This unique agenda defines bold and specific actions that, taken
together and simultaneously implemented as a package, will catalyze
change and enable today’s business executives to secure the best leaders
of tomorrow. Visit www.paradigm4parity.com
or follow us on Twitter using @p4parity
to learn more about this exciting initiative.

Contacts

For media inquiries:
Egon Zehnder
US Media
Sandra
Galvin, 212-519-6103
Head of US Marketing and
Communications/Global Projects
sandra.galvin@egonzehnder.com
or
Global
Media
Hilary Crnkovich, 312-260-8978
Head of
Global Marketing and Communications
hilary.crnkovich@egonzehnder.com