Michigan City, Indiana (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. and it’s wholly owned subsidiary Horizon Bank (collectively “Horizon”) announces recognition received from 2020 Women on Boards, a not for profit advocacy organization.
Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, has recognized Horizon Bancorp as a "W" for "Winning" company because its corporate board had at least 20% women directors during 2019.
Horizon has over 25% women directors represented on its Board of Directors. 2020 Women on Boards (“2020 WOB”) annually tracks, analyzes and reports on the progress of the number of women represented on the Russell 3000 company boards. As a campaign dedicated to education and collaboration, 2020WOB recognizes companies, including Horizon that exhibit good corporate governance. A “Winning” company is identified among Russell 3000 public corporations for having achieved the goal of at least 20% of its board seats held by women.
In 2019, the Russell 3000 reached the historic national landmark of 20.4% women holding corporate board positions, up from 17.7% in 2018, per the Gender Diversity Index report that 2020 Women on Boards publishes annually.
“Diversity and Inclusion is a core value at Horizon. We pride ourselves on our constant efforts to embrace diversity at all levels of the organization. This enables us to build strong diverse teams of advisors that not only tackle the day to day challenges in the banking world but provide new perspectives and business solutions,” stated Craig Dwight, Chairman and Chief Executive Officer.
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 Horizon that appreciate having business-savvy women on their boards as a competitive advantage,” said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. “Even with the positive national momentum, U.S. companies are still a long way from gender balance in the boardroom. And Horizon Bank is showing the way.”
About Horizon Bancorp, Inc.
Horizon Bancorp, Inc. is an independent, commercial bank holding company serving Indiana and Michigan through its commercial banking subsidiary, Horizon Bank. Horizon Bancorp, Inc. may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
About 2020 Women on Boards (2020WOB)
2020 Women on Boards (2020WOB), a 501(c)3 nonprofit, is the leading global education and advocacy campaign driving the movement toward gender balance on corporate boards of directors. Founded in 2010, the campaign established its initial goal that by 2020 at least 20% of all public company board seats in the U.S. would be held by women. The target was met a year early, achieving 20.4% in 2019, and the campaign will launch a new brand and campaign mission in January 2021. Its annual research will continue to track, analyze and publish the statistics of women on the boards of Russell 3000 companies in its Gender Diversity Index report and accessible within their Gender Diversity Directory online at www.2020WOB.com. The campaign is also expanding globally to as many as 40 cities within the U.S. and abroad. Educate. Collaborate. Advocate. Celebrate! www.2020WOB.com
Horizon Bank Media Relations Contact:
Public Relations Manager