Wall Street’s famous Charging Bull statue now has a new companion. State Street Global Advisors, the world’s third-largest asset manager, has installed a bronze statue named The Fearless Girl directly across from the Bull, and she stands for more than just artistic value.
The young girl poses positively and defiantly in firm opposition of her bovine equivalent and is meant to represent the fight for gender equality in today’s workforce. By standing up to the ‘bull’ of male dominance, especially in the business world, she empowers women to do the same. A plaque fixed to the ground in front of her reads “know the power of women in leadership”.
State Street’s campaign is rolling out just in time for International Women’s Day, and in addition to the powerful statue which will stand in Bowling Green Park for a week, the powerful money manager has sent letters to 3500 companies asking them to add more women to their boards. They have pledged to vote against any that don’t comply, an important step to be taken by such a powerful corporation.