--- title: Intl. Women's Day: Girl Statue Stares Down Wall Street Bull description: The lack of women on company boards has long been a problem canonical: https://time.com/4694772/walls-street-bull-statue-girl/ author: Business Insider article:opinion: false article:content_tier: free article:published_time: 2017-03-08T04:27:45.000Z article:modified_time: 2026-10-07T07:19:40.350Z og:title: Statue Of A Defiant Girl Stares Down The Wall Street Bull og:description: It's part of a campaign to pressure companies to add more women to their boards og:url: https://time.com/4694772/walls-street-bull-statue-girl/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt771f35c808fcb152/6988bd80e20a87a96ba9462e/rts11u5b.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 4528 og:image:height: 2547 og:image:alt: A camera man films a statue of a girl facing the Wall St. Bull, as part of a campaign by U.S. fund manager State Street to push companies to put women on their boards, in the financial district in New York og:type: article twitter:card: summary_large_image twitter:title: Statue Of A Defiant Girl Stares Down The Wall Street Bull twitter:description: It's part of a campaign to pressure companies to add more women to their boards twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt771f35c808fcb152/6988bd80e20a87a96ba9462e/rts11u5b.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # A Statue of a Defiant Girl Is Staring Down The Wall Street Bull on International Women's Day > Sponsored content. 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Worth Your Time is TIME's culture recommendation newsletter, edited by culture editor Eliza Berman. Each week it surfaces the books, shows, films and ideas TIME's editors think are worth your attention, and explains why. It is free at time.com/newsletters. #### Does TIME have a culture newsletter? Yes. Worth Your Time is TIME's culture newsletter, published weekly. #### Who writes TIME's culture recommendations? Culture editor Eliza Berman writes Worth Your Time, drawing on TIME's critics and culture desk. #### Is Worth Your Time free? Yes. It is a free newsletter available at time.com/newsletters. ### Sources * TIME Newsletters: [time.com/newsletters](/c/time-nl-worth-2026q3/newsletters?i=ef17d65a-3725-4f67-a9aa-8814db142267&cr=time-nl-worth-2026q3-v1) ## Video: The Wall Street Bull Has Met Its Match [Watch (HLS stream): The Wall Street Bull Has Met Its Match](https://cdn.jwplayer.com/manifests/GYfC9YIq.m3u8) (0:40)  _Published 2017-03-08. A statue of a defiant girl has been installed in front of wall street’s iconic charging bull to inspire more gender diversity in the financial sector._ by [Rachael Levy / Business Insider](https://time.com/author/business-insider/) ## Rachael Levy / Business Insider Mar 8, 2017 4:27 AM UTC by [Rachael Levy / Business Insider](https://time.com/author/business-insider/) ## Rachael Levy / Business Insider Mar 8, 2017 4:27 AM UTC The world’s third-largest asset manager installed a bronze statue of a defiant girl in front of Wall Street’s iconic charging bull statue on Tuesday morning as part of its new campaign to pressure companies to add more women to their boards. State Street Global Advisors, a nearly $2.5 trillion investor and unit within State Street Corp., is rolling out the campaign ahead of International Women’s Day on Wednesday. The money manager said it would vote against boards if a company failed to take steps to increase its number of members who are women. State Street plans to send a letter to 3,500 companies on Tuesday asking the companies to act. **Business Insider:** [_A bunch of men were asked what they think about diversity on corporate boards — the answer won’t surprise you_](http://www.businessinsider.com/pwc-survey-many-see-no-need-for-equal-representation-on-boards-2016-10) State Street is a huge player in the index fund world, managing about 90% of its assets in passive funds, which are often investing in companies held in the Russell 3000 and FTSE. The money manager has cited gender diversity as a way to improve company performance and increase shareholder value. The lack of women on boards has long been a problem. Beyond pipeline issues, some boards see no reason to increase their gender diversity, [ data shows](http://www.businessinsider.com/pwc-survey-many-see-no-need-for-equal-representation-on-boards-2016-10). **Business Insider:** [_Something is missing from the hedge fund industry_](http://www.businessinsider.com/this-is-why-hedge-funds-have-few-women-investing-for-them-2016-8) “There has been a lot of discussion on this topic, but the needle hasn’t moved materially,” Lori Heinel, State Street’s deputy global chief investment officer, told Business Insider after the statue’s installment. State Street wants every company it’s targeting to have at least one female board member and to take steps toward fixing its gender gap, Heinel said. **Business Insider:** [_Schools and businesses across the US will shutter for the ‘Day Without a Woman’ strike_](http://www.businessinsider.com/day-without-a-woman-closed-businesses-schools-2017-3) “We’re not going to always automatically vote against the company, but we want to make sure there are tangible, concrete measures they are taking,” Heinel said. For State Street, the statue was a way to draw attention to the problem. Currently, nearly a quarter of boards represented in the Russell 3000 have no women at all, Heinel said, citing Institutional Shareholder Services data. **Business Insider:** [_Apple, Google, and the 15 other best companies for women_](http://www.businessinsider.com/the-best-companies-for-women-2016-11) “One of the most iconic images on Wall Street is the charging bull. So the idea of having a female sort of stand against the bull or stand up to the bull just struck us as a very clever but also creative and engaging way to make that statement,” Heinel said. “Even though it’s a little girl, her stance is one of determination, forwardness, and being willing to challenge and take on the status quo.” Earlier on Tuesday, underneath a light rain, passersby and tourists snapped photos in front of the newcomer. One young man who said he worked in the area described the statue as “cool.” **Business Insider:** [_Companies with women in leadership roles crush the competition_](http://www.businessinsider.com/companies-with-women-in-leadership-roles-perform-better-2016-6) State Street installed the statue in collaboration with city officials and expects the statue to stay for up to a month, a company spokesman said. The sculpture was created by artist Kristen Visbal. You can read more about her in [ this Wall Street Journal profile](http://blogs.wsj.com/moneybeat/2017/03/07/creating-the-girl-who-stared-down-the-wall-street-bull/). _This_ [_article_ ](http://www.businessinsider.com/stage-street-global-advisors-girl-statue-in-front-of-wall-street-bull-2017-3)_originally appeared on_ [_BusinessInsider.com_](http://www.businessinsider.com/) ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4694772/walls-street-bull-statue-girl/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4694772/walls-street-bull-statue-girl/"},"headline":"A Statue of a Defiant Girl Is Staring Down The Wall Street Bull on International Women's Day","datePublished":"2017-03-08T04:27:45.000Z","dateModified":"2026-10-07T07:19:40.350Z","description":"The lack of women on company boards has long been a problem","url":"https://time.com/4694772/walls-street-bull-statue-girl/","keywords":["motto","New York","International Women's Day","onetime"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt771f35c808fcb152/6988bd80e20a87a96ba9462e/rts11u5b.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Rachael Levy / Business Insider"}],"articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt771f35c808fcb152/6988bd80e20a87a96ba9462e/rts11u5b.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"A camera man films a statue of a girl facing the Wall St. Bull, as part of a campaign by U.S. fund manager State Street to push companies to put women on their boards, in the financial district in New York","caption":"A camera man films a statue of a girl facing the Wall St. Bull, as part of a campaign by U.S. fund manager State Street to push companies to put women on their boards, in the financial district in New York","creditText":"Brendan McDermid—Reuters","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/tag/motto/","name":"motto"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/4694772/walls-street-bull-statue-girl/","name":"A Statue of a Defiant Girl Is Staring Down The Wall Street Bull on International Women's Day"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"The Wall Street Bull Has Met Its Match","description":"A statue of a defiant girl has been installed in front of wall street’s iconic charging bull to inspire more gender diversity in the financial sector.","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/GYfC9YIq/poster.jpg?width=720","uploadDate":"2017-03-08T15:59:08.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/GYfC9YIq.m3u8","embedUrl":"https://time.com/4694772/walls-street-bull-statue-girl/","duration":"PT40S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/4694772/walls-street-bull-statue-girl/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```