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Industry Spotlight > Women in Wealth

National Council for Research on Women Honors Six Who Champion Women

By Kate McBride

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The National Council for Research on Women (NCRW) honored four women and two men on Monday night at a festive dinner in New York. The organization brings together academics, policymakers, executives and researchers to “build a more inclusive, equitable and secure world for women and girls." NCRW’s network provides research, experts and information to companies, governments and media. NBC Today Show co-host Natalie Morales was master of ceremonies for the event. 

NCRW President Linda Basch opened the “Making a Difference for Women Awards” by welcoming the crowd of about 600 attendees with a few statistics: Although women earn more than half of university degrees, including more PhDs than men, and comprise 51% of professional and management ranks, they still make up only “between 15% and 17%” of the top leadership posts in the U.S., and “only 3% of Fortune 500 CEOs.” NCRW is out to change that with initiatives to boost not only young women in the pipeline for business, academia and other occupations but global initiatives to “eliminate violence” and reach a “critical mass of women’s leadership.”  

The honorees included (L-R) Michelle Bachelet, Ruth Simmons, Basch, Morales, Mickie Siebert, Ed Gilligan and Patricia Gruber.

 

 

  • Kenneth Chenault, chairman and CEO of American Express, presented an award to his “friend and colleague,” American Express Vice Chairman Ed Gilligan.
     
  • Kay Warren, director of the Pembroke Center at Brown University presented Brown University President Ruth Simmons with an award.
  • The Under-Secretary-General for Gender Equality and the Empowerment of Women at the United Nations, Michelle Bachelet, who was the president of Chile from 2006-2010, received an award.
     
  • Zainab Salbi, founder & CEO of Women for Women International presented an award to Peter and Patricia Gruber, founders, of The Peter & Patricia Gruber Foundation. Peter Gruber is ill and could not attend the event; Patricia Gruber accepted the award for herself and her husband.
  • The Treasurer of the United States, Rosie Rios, presented the award to Muriel (Mickie) Siebert, founder, president & CEO, Muriel Siebert & Co. Inc. Siebert was the first woman to buy a seat on the New York Stock Exchange.

Epitomizing the self-made entrepreneur, Siebert said the road to buying the seat had many obstacles, including one in which no bank would lend the money she needed to secure the seat, about “$300,000, collateralized with $400,000 in securities." That is, until "David Rockefeller" himself, then chairman of Chase Manhattan Bank, “personally approved the loan for the seat,” Siebert said at the dinner.

Siebert is one of AdvisorOne’s 50 Top Women in Wealth.

See an exclusive profile of Siebert: “Muriel Siebert on Financial Reform and Financial Literacy: The Weekend Interview.”
 

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