Fearless Girl - SSGA
“State Street Global Advisors, a division of State Street Corporation, installed the statue on the eve of International Women’s Day in order to celebrate “the power of women in leadership, and the potential of the next generation of women leaders.”
“The firm that commissioned the popular “Fearless Girl” statue in New York’s financial district has agreed to pay $5 million, mostly to settle claims that it discriminated against 305 top female employees by paying them less than men in the same positions."
In the agreement, officials at the United States Department of Labor also allege that the firm, State Street Corporation, discriminated against 15 of its black vice presidents by paying them less than white employees in the same positions.”
Of its 28-person leadership team, only five are women, according to the company website.
“State Street Global Advisors… , the Massachusetts-based investment company that commissioned Fearless Girl, filed a lawsuit against its creator, Delaware-based artist Kristen Visbal, on February 14 in New York State Supreme Court…
…State Street wants to “safeguard its interests” in the Fearless Girl statue and uphold the message it stands for, the company says in its complaint, alleging that Visbal’s unauthorized reproductions could damage its status in a global campaign to support corporate gender diversity and female leadership.”
The Fearless Girl Is Worth $7.4 Million in Free Publicity for State Street, Bloomberg, April 28, 2017
The False Feminism of ‘Fearless Girl’, New York Times, March 16, 2017
Eight Things You Don't Know About 'Fearless Girl’, AdAge, May 3, 2017