Dec 11, 2018
News
The “Fearless Girl” statue was moved to a new, permanent location facing the New York Stock Exchange.
Kristen Visbal, Fearless Girl.  Photo by Regan Vercruysse, via Flickr.

Kristen Visbal, Fearless Girl. Photo by Regan Vercruysse, via Flickr.

Fearless Girl isn’t backing down, she’s just relocating to a more permanent location. The four-foot tall statue of a young girl, arms akimbo, previously was embroiled in a standoff with Wall Street’s Charging Bull, but her position was only meant to be temporary. Now, she’s been reinstalled in a more secure spot in front of the New York Stock Exchange after winning a place in New Yorkers’ hearts.

“Instead of staring down the bull, she’s going to be staring down all of business,” Representative Carolyn Maloney (D-N.Y.) said at the ceremony inaugurating Fearless Girl’s new locale, according to the AP.

Created by sculptor Kristen Visbal, the bronze statue, commissioned by Boston-based financial firm State Street Global Advisors (SSGA), was put up on to mark International Women’s Day in March 2017 for what was only meant to be seven days. A month later, Fearless Girl earned herself an appearance on the cover of The Village Voice (albeit in tandem with an essay critical of her feminist status). She has served as a photo opportunity for thousands of tourists, as well as politicians including New York City Mayor Bill de Blasio and U.S. Senator Elizabeth Warren.

SSGA’s goal was to shine a light on gender disparity on Wall Street. Since the statue went up, more than 300 companies took heed and added a female director to their firm, while another 28 have committed to do so in the future. About seven months after it unveiled Fearless Girl, SSGA settled a Department of Labor audit by agreeing to pay $5 million to female and black employees in senior positions whom it had paid less than their white male colleagues.

“There’s a lot more work to be done, but the number of companies in the Russell 3000 without a female director have actually dropped by one third, down from 2 percent to 16 percent,” SSGA’s president and CEO Cyrus Taraporevala said at the event.

Further Reading: Fearless Girl Face-off Poses a New Question: Does the Law Protect an Artist’s Message?