State Street Global Advisors Inspires With “Fearless Girl”

McCann New York and State Street Global Advisors (SSGA) have taken responsibility for the sculpture’s presence which was installed on International Women’s Day on March 9.  The piece, titled The Fearless Girl, comes as part of a call for more women advisors on corporate boards.  The statue faces off the 7,000 pound “Charging Bull,” an 11-foot-tall bronze statue that has been displayed since 1989.

A plaque at her feet proclaims: ‘‘Know the power of women in leadership. SHE makes a difference.’’

State Street also announced that it had adopted new guidelines to press 3,500 public companies in which it invests to increase the number of women on their boards.

“We believe good corporate governance is a function of strong, effective and independent board leadership,” Ron O’Hanley, chief executive officer of SSGA, said in a statement.

“The Fearless Girl” was created by artist Kristen Visbal, and will remain for at least a week in the New York City’s Bowling Green Park, as McCann is negotiating with the city for her to become part of the permanent NYC art program.