The board chair for Milwaukee Women inc says a new Nasdaq rule requiring annual disclosures of diversity statistics will improve representation among business leadership.

“As we begin to see these organizations really making it an intentional business strategy to add diversity to their board, we will begin to continue to see movement towards a more diverse board across not just Nasdaq organizations, but all companies,” Kim Stoll said during a recent meeting of the Milwaukee Rotary Club.

Stoll also highlighted a number of findings from the group’s 2022 Research Report, which shows the percentage of women on the boards of the top 50 public companies in Wisconsin reached 26.3 percent this year. This is the first time that figure has exceeded 25 percent, and marks an improvement over 2021 when it was 23 percent, she said.

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