ONLY U.S. LISTED COMPANY WITH AN 80% FEMALE BOARD SHOWS A 54% INCREASE IN SHARE PRICE
Travelzoo® a global publisher of exclusive offers and experiences for members, would like to remind the public that Travelzoo still remains the only U.S. listed company with an 80% female board of directors.
One thing that has changed is Travelzoo's share price. Under the stewardship of its almost all-female board, the share price has increased by 54%, as measured by the average closing share price over the 30 days preceding the appointment of its 80% female board, versus the average closing share price over 30 days.
Underscoring the cultural diversity of the company's board, female Travelzoo board members hail from San Francisco (Beatrice Tarka), New York (Rachel Barnett), London (Mary Reilly) and Shanghai (Carrie Liu).
The lack of board gender diversity remains a persistent and global problem. Only 5 of more than 4,000 U.S. listed companies have 60% or more female board members. In Hong Kong, several reports state that only 11% of Hang Seng-listed companies have women on their boards. In the UK, only 27% of FTSE 100 directors are women.
Travelzoo® provides our 28 million members insider deals and one-of-a-kind experiences personally reviewed by one of our deal experts around the globe. For over 15 years, we have worked in partnership with more than 2,000 top travel suppliers - our long-standing relationships give Travelzoo members access to the very best deals.