WILMINGTON, Mass. () – UniFirst Corporation (NYSE: UNF), an industry leader in the supply and servicing of uniforms, workwear, and facility products throughout the U.S. and Canada, has been recognized as a 2020 Women on Boards Winning Company. Winning Companies champion board diversity by having 20 percent or more of their board seats held by women.
2020 Women on Boards is a nonprofit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20 percent or greater by the year 2020. The campaign hopes to redefine good corporate governance and gender diversity standards and create a cultural imperative for corporate action.
Women currently make up 29 percent of those who have a seat on the UniFirst board. “Good corporate decision making requires the ability to hear and consider different points of view,” said UniFirst executive vice president and director Cynthia Croatti. “Companies that have women directors and executive officers lead by example, sending a clear message that they value diversity of thought and experience. Advancing women to positions of leadership is just smart for business, and we’re honored to be acknowledged for recognizing this.”
The 2020 Women on Boards Gender Diversity Index of Fortune 1000 companies showed that 17.9 percent of corporate directors were women, a small number when considering women compose about half of the total U.S. workforce; hold half of all management positions; are responsible for almost 80 percent of all consumer spending; and account for 10 million majority-owned, privately-held firms in the U.S., employing over 13 million people and generating over $1.9 trillion in sales.
“We appreciate UniFirst’s commitment to good corporate governance practices,” said Malli Gero, president of 2020 Women on Boards. “We look forward to seeing them on the ‘W’ list for years to come.”
About UniFirst
Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products, and with over 225 service locations, 275,000 customer locations, and 12,000 employee Team Partners, the company outfits more than 1.6 million workers each business day. For more information, contact UniFirst at 833.903.2967 or visit unifirst.com.
Contact:
Meghan Marcus
PR/Communications Specialist
UniFirst Corporation
68 Jonspin Rd.
Wilmington, MA 01887
978.527.3974
Meghan_Marcus@unifirst.com
