Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, is honored to be recognized as a “2023 Champion of Board Diversity” by The Forum of Executive Women, a Greater Philadelphia premier women’s organization. This is the third year in a row that Cantaloupe has been honored.
“We are very proud to be recognized by The Forum of Executive Women,” Ravi Venkatesan, CEO of Cantaloupe Inc., said in the announcement. “We value having a diverse leadership team and know first-hand the benefits of bringing together different perspectives among our employees and Board as well as the important role that women play in effective decision-making, guidance and risk management roles.”
The Forum of Executive Women’s recent annual Women in Leadership report is based on research conducted in collaboration with PwC and provides a detailed analysis of the gender composition of boards and executive teams, as well as top earners at the top 100 public companies in the Philadelphia region. The report also examines the value that diversity — gender, ethic, racial and LGBTQ+ — can bring to the corporate boardrooms and C-suites.
Cantaloupe’s board of directors currently has four women among its nine members and three women on its nine-member leadership team.
“The Champion of Board Diversity Award has been a hallmark of The Forum since 2017, distinguishing those companies among the top 100 public companies listed in our report who have truly championed women by giving them a seat and a voice at the boardroom table,” Meghan Pierce, president and CEO of The Forum of Executive Women, said in the announcement.
“This year we recognized 37 companies – our largest group since The Forum began the Champions of Board Diversity Award. Our hope is this group will continue to increase year after year. Cantaloupe is one of the companies that are instrumental in helping make the Philadelphia region the gold standard for prioritizing and implementing meaningful and sustainable improvements in gender as well as racial, ethnic and LGBTQ+ diversity,” Pierce added.