As a part of Norton Rose Fulbright's commitment to diversity and inclusion, Global Chief Executive Gerry Pecht has joined the Catalyst CEO Champions For Change. This transformational diversity and inclusion initiative was launched by Catalyst—a global thought leader and partner in accelerating the progress of women at work for over 50 years.
Pecht succeeds the firm's former Global Chief Executive Peter Martyr as Norton Rose Fulbright's Catalyst CEO Champion For Change signatory, joining more than 70 other leading global leaders that are committing to drive change. These leaders are specifically pledging to:
- Accelerate progress in the representation of women, particularly women of color, in executive/senior level positions.
- Maintain (where strong) or accelerate the representation of women, particularly women of color, on the Company's Board of Directors (or equivalent).
- Strengthen the pipeline of women through an annual review of internal diagnostics and leverage leading practices to address any identified issues.
- Benchmark and track inclusion and improve the culture of inclusion within the organization.
- Share key representation metrics with Catalyst for benchmarking and for anonymized reporting of our collective aggregate progress.
"As leaders, we must hold ourselves and our teams accountable to make this change happen," said Pecht. "Only 6% of CEOs and 26% of board directors in the S&P 500 are women. And, women of color are vastly underrepresented in number on these boards, and in senior levels of management broadly. By joining the Catalyst CEO Champions For Change movement, we are committing to driving and reporting measurable results in the advancement of gender equity. We won't rest until we can all succeed together in building more inclusive workplace cultures."
"Our Catalyst CEO Champions For Change companies represent more than 10 million employees and over $3 trillion dollars in revenue globally. The positive ripple effect from their commitment is tremendous in helping to build workplaces where everyone has a fair chance to succeed," said Lorraine Hariton, President and CEO, Catalyst.Catalyst is a global nonprofit working with some of the world's most powerful CEOs and leading companies to help build workplaces that work for women. Founded in 1962, Catalyst drives change with pioneering research, practical tools, and proven solutions to accelerate and advance women into leadership—because progress for women is progress for everyone. Read the full Catalyst CEO Champions For Change pledge and find out more about joining the movement at www.catalyst.org/Champions