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4 years ago

'Fearless Girl' statue gets new location at New York Stock Exchange

'The 'Fearless Girl' statue is unveiled at a new location, facing the New York Stock Exchange (NYSE) building in downtown Manhattan on Monday.

She was previously installed last year opposite in front of the "Charging Bull" statue in a park in Lower Manhattan, stirring a great deal of support, and a little controversy.

Fearless Girl is meant to "send a message" about workplace gender diversity and encourage companies to recruit women to their boards.

"We wanted to raise awareness about the need for more women leaders in the board room and in senior roles in management," said executive Lori Heinel as the statue was unveiled.

Arturo Di Modica, who installed Charging Bull in 1989, asked that the statue of the girl be removed, saying it reinterpreted his symbol of prosperity as something more nefarious.

In the S&P 500 labour force, women hold a mere 25 percent of executive- and senior-level official and management positions, hold only 20 percent of board seats, and are only 6 percent of CEOs, according to the Center for American Progress.

In the United States, women earned on average $0.81 to every $1 earned by men in 2017 (81 percent) for annual earnings.
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