MALVERN, PA — Cantaloupe, Inc. (Nasdaq: CTLP), based in Malvern, Pennsylvania, has been recognized for the fourth consecutive year as a “Champion of Board Diversity” by The Forum of Executive Women. This recognition highlights the company’s commitment to gender diversity, with its board comprising at least 40% women, placing it in The Forum’s Silver Tier of Champions.
CEO Ravi Venkatesan expressed pride in this achievement, stating, “We are thrilled to be recognized by The Forum of Executive Women for the fourth year in a row. We understand the value that diverse perspectives bring to leadership and the boardroom, and we are committed to fostering an environment that prioritizes diversity across all levels of our organization. The contributions of our board play a key role with decision-making and are critical to our continued success.”
The accolade was presented at The Forum of Executive Women’s Leadership Breakfast on November 12, 2024. This event celebrated companies in the Philadelphia region that have made significant efforts to advance women’s leadership in corporate boardrooms and executive roles. The Forum, in collaboration with PwC US, also released its Women in Leadership 2024 Report, which examines the progress of women’s leadership in the region.
Meghan Pierce, president and CEO of The Forum of Executive Women, praised Cantaloupe’s efforts, saying, “The Champion of Board Diversity Award has been a cornerstone of The Forum since it was established in 2017. We are thrilled to see our list grow this year with more companies being committed to having more women in the boardrooms across Philadelphia. Cantaloupe has been a role model for many of our other businesses with its commitment to board diversity.”
Cantaloupe’s nine-member Board of Directors includes four women, and its executive leadership team also boasts three women among its nine members. This recognition underscores the company’s dedication to ensuring diverse representation at the highest levels, contributing to its sustained success and leadership in promoting gender diversity.
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