Goldman Sachs' new rule: At least 1 woman on the board or you can't go public

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Goldman Sachs' new rule: At least 1 woman on the board or you can't go public
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Goldman Sachs won't take companies public anymore unless they have at least one diverse board member, the bank's CEO says

New York Goldman Sachs won't take companies public anymore unless they have at least one"diverse" board member, the bank's CEO David Solomon said Thursday.

"From a governance perspective, diversity on boards is a very, very important issue," Solomon said in an interview with CNBC at the World Economic Forum in Davos, Switzerland.Goldman's push for diversity will be focused primarily on women: Over the past four years, initial public offerings of companies in the United States with at least one female director on their boards performed"significantly better" compared to those without, the CEO said.

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