'Fearless Girl' to Stare Down Stock Exchange, Not Bull, By Year-End

by Garry Watts April 22, 2018, 1:26
'Fearless Girl' to Stare Down Stock Exchange, Not Bull, By Year-End

"Fearless Girl" is getting a new home at the New York Stock Exchange. He said the new location a few blocks away will improve access.

SSGA is working with the New York City mayor's office to move the statue by the end of this year.

Commenting on the move, Thomas Farley, president of the New York Stock Exchange, said in video announcing her move, "We can't wait to welcome "Fearless Girl"..."

The "Fearless Girl" statue, created by DE sculptor Kristen Visbal, was revealed on International Women's Day in 2017the New York Post reported.

Crowds of locals and tourists, including many young girls, have visited Wall Street to pose with the statue, imitating her stance and confidence.

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"Fearless Girl" was created to call attention to a State Street Global Advisors initiative to increase the number of women on corporate boards. Crowding around the statue posed a safety risk and was a factor in the move, the city said. "Our hope is that by moving her closer to the NYSE she will encourage more companies to take action and, more broadly, that she will continue to inspire people from all walks of life on the issue of gender diversity", the company said.

Created by sculptor Kristen Visbal, "Fearless Girl" was originally installed on Wall Street on the eve of International Women's Day 2017, accompanied by a call on the companies in which State Street Global Advisors invests to increase the number of women on their corporate boards.

There is another statue over by the NYSE that "Fearless Girl" will have to compete with: George Washington, who stands outside the Federal Hall National Memorial looking down Broad Street. Di Modica's bull is meant to signify American prosperity and strength, the artist said in comparison.

Besides, "Fearless Girl", he said, wasn't a honest feminist call to action so much as it was an "advertising trick". And muralist Alex Gardega briefly put up a papier-mâché statue of a pug peeing on Fearless Girl in protest, but he told Moneyish that he took it down after just three hours because passersby hated it, and some tried walking off with it.

Others were troubled by the origins of "Fearless Girl", arguing that the statue's feminist message was little more than an attempt by State Street Global Advisors to cover up a spotty record on pay equity.

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