MALVERN, PA — Cantaloupe, Inc., a Chester County-based digital payments and software services company listed on NASDAQ (CTLP), has been named the “2023 Champion of Board Diversity” by The Forum of Executive Women. This prestigious award, now in Cantaloupe’s possession for the third consecutive year, is bestowed based on the gender composition of the board.
Ravi Venkatesan, CEO of Cantaloupe, Inc., expressed pride in the recognition, noting the value of diversity in leadership and the vital role women play in decision-making, guidance, and risk management roles.
The annual Women in Leadership report, produced by The Forum of Executive Women in collaboration with PwC, provides a comprehensive analysis of gender composition among boards and executive teams of the top 100 public companies in the Philadelphia area. It emphasizes the value that diversity brings to corporate boardrooms and C-suites.
Meghan Pierce, president & CEO of The Forum of Executive Women, highlighted the Champion of Board Diversity Award as a distinguishing honor since 2017. This year, 37 companies were recognized, the largest group since the award’s inception. Cantaloupe’s commitment to diversity contributes to setting the Philadelphia region as a gold standard for prioritizing and implementing meaningful improvements in gender, racial, ethnic, and LGBTQ+ diversity.
With four women among its nine board members and three women on its nine-member leadership team, Cantaloupe exemplifies diversity in action. As the company continues to champion diversity, it sets a high bar for other businesses in the Philadelphia region and beyond.
To learn more about Cantaloupe, Inc., visit cantaloupe.com.
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