Encore Honored by 2020 Women on Boards for Female Board Representation
November 21 2019 - 4:05PM
Encore Capital Group, Inc. (Nasdaq: ECPG), an international
specialty finance company, has been recognized as a “Winning (W)”
company by 2020 Women on Boards for its commitment to board-level
diversity. Over one-quarter of Encore’s current eleven board
directors (and beginning in June 2020, one-third of Encore’s nine
board directors) are female, including Wendy Hannam, former
Executive Vice President of International Retail Banking at
Scotiabank; Angela A. Knight, former CEO of Energy UK and the
British Bankers’ Association; and Laura Newman Olle, former Chief
Enterprise Risk Officer for Capital One.
Encore’s female board representation exceeds the average of the
Russell 3000 Index, where women currently hold 20.4 percent of
board seats. Eleven percent of companies in the index still have no
women directors; one-third of companies have only one.1
“I’m proud of this recognition of Encore’s efforts to empower
women in all that we do — from our board to our people to the
consumers we work with to achieve financial stability,” said
Michael Monaco, Chairman of Encore’s Board of Directors. “It’s an
honor to be recognized among companies that make diversity a
priority.”
2020 Women on Boards is a national campaign with the mission of
raising the percentage of women on corporate boards in the U.S. to
20 percent or greater by 2020. This goal was achieved in September
2019, one year ahead of its target. The organization continues to
monitor the board composition of publicly held companies and raise
awareness of low female representation on boards.
“Part of Encore’s strength as a global company is ensuring that
diverse viewpoints are represented throughout our organization,
from our front-line employees to the boardroom,” said Laura Newman
Olle, Chair of the Board’s Nominating & Governance Committee.
“I’m proud that Encore has earned this distinction, and I hope the
list of companies recognized continues to grow.”
In addition to the company’s board diversity, Encore has strong
female executive leadership with women serving as the head of
business development, Chief Information Officer, Chief Risk Officer
and Chief Human Resources Officer. “At Encore, we place a high
priority on ensuring that women feel this is a place where they can
learn, grow and advance their careers,” said Ashish Masih,
President and Chief Executive Officer. “As this recognition shows,
the commitment to the women in our organization starts at the
top.”
Encore will be recognized by the 2020 Women on Boards San Diego
Committee at its signature event, “The National Conversation on
Board Diversity,” which will take place the evening of November 21,
2019. The event, which will include business leaders from across
San Diego County, will include presentations and panel discussions
highlighting the importance of gender diversity in the boardroom
and the resulting increase in financial performance, corporate
social responsibility and sustainability.
About Encore Capital Group, Inc.Encore Capital
Group is an international specialty finance company that
provides debt recovery solutions and other related services across
a broad range of financial assets. Through its subsidiaries around
the globe, Encore purchases or services portfolios of receivables
from major banks, credit unions and utility providers.
Headquartered in San Diego, Encore is a publicly traded
NASDAQ Global Select company (ticker symbol: ECPG) and a component
stock of the Russell 2000, the S&P Small Cap 600 and the
Wilshire 4500. More information about the company can be found
at http://www.encorecapital.com. More information about the
Company’s Midland Credit Management subsidiary can be found at
http://www.midlandcreditonline.com. More information about the
Company's Cabot Credit Management subsidiary can be found
at http://www.cabotcm.com. Information found on the company’s,
MCM’s, or Cabot’s website is not incorporated by reference.
Contact press@encorecapital.com
1 2020 Women on Boards, September 2019
Encore Capital (NASDAQ:ECPG)
Historical Stock Chart
From Apr 2024 to May 2024
Encore Capital (NASDAQ:ECPG)
Historical Stock Chart
From May 2023 to May 2024