The four-foot-tall bronze statue, which asset management firm State Street Global Advisors installed on March 7, the day before International Women’s Day, will remain in its location through February 2018, New York City officials announced today, according to NBC News. It was initially scheduled to be removed April 2.
“Fearless Girl” is part of a campaign by State Street, one of the world’s largest asset managers, to encourage companies to add more women to their boards, the firm told Business Insider. A plaque on the base of statue, created by artist Kristen Visbal, that reads, “Know the power of women in leadership. SHE makes a difference.”
“Where she is standing now, the ‘Fearless Girl’ is standing facing the bronze statue of the raging Wall Street Charging Bull, which was created by Arturo Di Modica to encourage everyone to realize America’s power,” New York Congresswoman Carolyn Maloney said Monday. “Well, the ‘Fearless Girl’ inspires all of us to realize the power we have in ourselves, the power women and girls have everywhere.”
Mayor Bill de Blasio echoed the sentiment when he announced the statue’s extension: “Now, she’ll be asserting herself and affirming her strength even after her temporary permit expires—a fitting path for a girl who refuses to quit.”
State Street installed the statue of the young girl to call attention to the importance of female corporate leadership, but we learned the firm has just three women on its 11-person board of directors. Will that number change by February 2018? We’ll keep you posted.