The statue carved with confrontational body language and expressions was installed to raise voice against industry’s gender inclusivity, lack of equal pay for women and issues with diversity.
"A lot of people talk about gender diversity, but we really felt we had to take it to a broader level," said Anne McNally, whose firm is an investment management subsidiary of State Street Corp.
Several American women boycotted work on International Women's Day on March 8 which led cancellation of classes in some schools.
A woman poses next to a statue of a girl facing the Wall St. Bull, as part of a campaign by U.S. fund manager State Street to push companies to put women on their boards, in the financial district in New York (Reuters)
Women who could not afford to miss work wore red and limited their shopping to female-owned businesses to express their solidarity.
The statue carved with a confrontational body language and expressions was installed to raise voice against industry’s gender inclusivity, lack of equal pay for women and issues with diversity. (Reuters)
Although women have made notable progress in the recent times, State Street states that one out of every four of the companies that make up the Russell 3000 Index have no female members on their panel.
"Today, we are calling on companies to take concrete steps to increase gender diversity on their boards, and have issued clear guidance to help them begin to take action," State Street Global Advisors CEO Ron O'Hanley said in a statement.
Created by artist Kristen Visbal, the girl statue showed up in a manner similar to how artist Arturo Di Modica’s bronze bull was installed overnight in front of the New York Stock Exchange in 1989. It was later made a permanent installation in the financial district, in response to public support.