[photo caption: Pictured (left to right) are Invacare Board of Directors members Julie A. Beck, Diana S. Ferguson, Petra Danielsohn-Weil and Susan H. Alexander. (Photo courtesy of Business Wire)]

Invacare Corporation announces it has been recognized by 2020 Women on Boards as a Winning “W” Company for 2019. The award is given to Russell 3000 companies whose Board of Directors has a minimum of 20% women. Four of Invacare’s nine Directors are women.

“We are honored to be recognized for our Board’s commitment to gender diversity,” says Matthew E. Monaghan, chairman, president, and chief executive officer of Invacare, in a media release.

“Especially at a time like this, with such disruption and change in our external environment, we need diverse thinking and as many perspectives as we can get. I am grateful for our diverse Board and the continued contributions of the women on our Board for their knowledge and dedication to shaping Invacare’s success.”

Susan H. Alexander, Julie A. Beck, Diana S. Ferguson, and Petra Danielsohn-Weil, PhD, are current Invacare Directors, and provide the company a wealth of experience from widely varying industry backgrounds, Invacare adds in the release.

2020 Women on Boards is a global education, public awareness, and advocacy campaign urging corporations to meet or exceed 20% women directors on their boards by the year 2020.

“It’s even more critical now, at a time when the business world is transforming a total shift in Board governance practices, that we applaud leading companies, including Invacare, that appreciate having business-savvy women on their Boards as a competitive advantage,” Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards, states in the release.

“Even with the positive national momentum, US companies are still a long way from gender balance in the boardroom. And Invacare is showing the way.”

[Source(s): Invacare, Business Wire]