Wall Street Bull: 'Fearless Girl' Statue Appears In NYC For Women's Strike

Justin Greene
March 10, 2017

Artist Kristen Visbal was tasked by the SSGA to create the bronze statue to be named as The Fearless Girl.

A 50-inch bronze statue of a girl defiantly facing Wall Street's iconic charging bull has been installed in NY as part of a month-long campaign to get companies to add more women to their boards and combat the gender pay gap in financial services. The bronze statue is also a representation of State Street wants the statue to represent their call to action for 3,500 companies and their shareholders to increase the amount of women in leadership positions and on corporate boards. State Street Global Advisors, the world's third-largest asset manager, placed the statue as part of their campaign, Business Insider reports. Now, a statue of a little girl has been plopped down directly in the bull's path in downtown New York City's Bowling Green Park.

"A key contributor to effective independent board leadership is diversity of thought, which requires directors with different skills, backgrounds and expertise". The piece was put up in the dark hours of the morning-3am ET to be exact-to bring attention to women being needed in the field, and to help represent the strong women already in the financial district.

The SSGA release notes that despite research pointing to stronger returns for companies with solid female leadership, one out of every four Russell 3000 companies lack a single female board member.

A plaque at the girl statue's feet reads: "Know the power of women in leadership".

Anne McNally, from State Street Corp (STT.N) investment management subsidiary, told the reporters, "We're actively pursuing that it stays for a month", she said.

"She's powerful and I think just opposite the bull it shows that in this little girl.it doesn't matter your size ... you have that power in you", France said.

He continued that the positioning of the girl's statue versus the bull seemed like she was "willing to challenge and take on the status quo". Inspired by recent "Day Without an Immigrant" protest that took place across the country in February, women across the U.S. are abstaining from work, study, or spending money.

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