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Hello, Im Harry Keiley, Chair of the Teachers Retirement Board for the California State Teachers Retirement System. As fiduciaries for Californias teachers, Were committed to the proposition that better corporate governance leads to greater long-term value. As the nations largest teachers fund and 11th largest world wide, We belive our responsibility as an active shareholder includes the advancement of boardroom diversity Numerous studies acknowledge that diverse boards initiate strategic changes more effectively increase the exchange of ideas and lead to better performance. Many now believe this type of structure creates a safeguard against the single minded group think that some blame for the 2008-09 financial crisis. Recently, CalSTRS along with CalPERS, pioneered an online database of qualified, diverse board candidates. The Diverse Director DataSource, otherwise known as 3D, provides organizations with access to the best and brightest leaders in the country. Most re
