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White men dominate the boards of CT s Fortune 500 companies. Will diversity efforts lead to change?
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James D. White is the former CEO of Jamba Juice and Greenwich, Conn.-based investment firm Mill Road Capital’s new managing director and head of board governance and diversity initiatives.Contributed photo /Mill Road CapitalShow MoreShow Less
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Thomas Lynch is the founder and senior managing director of Greenwich, Conn.-based investment firm Mill Road Capital.Picasa /Show MoreShow Less
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Margaret Keane is the executive chairwoman of Synchrony and the company’s former CEO. Synchrony’s board of directors includes Keane and three other women and four minority directors.Anthony Collins Photography 2019 /Show MoreShow Less
White men dominate the boards of CT s Fortune 500 companies Will diversity efforts lead to change?
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White men dominate the boards of CT s Fortune 500 companies Will diversity efforts lead to change?
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Provided by Dow Jones By Micah Maidenberg Chubb Ltd. s profit recovered in the first quarter and was ahead of forecasts from analysts. The insurer reported quarterly net income of $2.3 billion, or $5.07 a share, up from $252 million, or 55 cents a share, for the year-earlier period, when the Covid-19 pandemic was first spreading in many markets. Core operating earnings, which strips out certain gains after taxes, totaled $2.52 a share in the quarter and therefore was ahead of the $2.47 a share that analysts predicted for that metric, according to FactSet. Chubb said it wrote $8.66 billion in premiums on a net basis in the period, up almost 9% year over year.