Goldman Sachs to companies: Hire at least one woman director if you want to go public

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Goldman Sachs to companies: Hire at least one woman director if you want to go public
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From June 30, Goldman Sachs Group Inc will only help take a company public if it...

NEW YORK - From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday.

Solomon did not define what the company meant by “diverse” candidates, but said the focus was on women. “We think it’s the right advice and we’re in a position also because of our network to help our clients if they need help placing women on boards,” Solomon said on CNBC.

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