By Danielle Paquette

Peter Grauer, the chairman of Bloomberg L.P., leads the U.S. chapter of the 30% Club, which globally pushes for better representation of women on FTSE-100 boards. Grauer wants to see a higher percentage at home and abroad — but a mandatory quota, he said, isn’t the way to make it happen.

“It starts with recruiting, a pipeline of candidates coming in, and making sure we’re creating the right work environment,” he said. “It’s critically important that the tone is set at the top of the organization.”

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