Published: Fri, April 20, 2018
Money | By Armando Alvarado

NYC's 'Fearless Girl' Statue Will Stay Up For Another Year

NYC's 'Fearless Girl' Statue Will Stay Up For Another Year

The "Fearless Girl" statue, which has attracted admirers and photo-takers since its installation past year opposite the charging bull on Wall Street, will be moved to a new location in front of the New York Stock Exchange.

The 4-foot bronze statue, which was originally placed in the Financial District on March 7, 2017, the night before International Women's Day, will be put in front of the Stock Exchange, mayoral spokeswoman Jane Meyer said.

But, she became an nearly instant celebrity - touted by many as a symbol of defiance and strength for women.

Nicole Brown is the Internet News Manager at amNY.com, covering local news since 2016.

"We eagerly await the arrival of Fearless Girl to her fitting new home, standing her ground and training her unblinking eyes on our engine of progress and free enterprise", said Thomas Farley, President of the New York Stock Exchange.

When she was first installed, they reached out to over 700 companies in the US, the United Kingdom and Australia that were completely void of women on their boards. The city authorities want to move the small sculpture to the building of the NY stock exchange.

Mayor Bill de Blasio has called the statue "a powerful symbol of the need for change at the highest levels of corporate America".

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"Fearless Girl" became an overnight sensation past year, when State Street's investment arm installed the 50-inch bronze statue to defiantly face off the "Charging Bull" of Wall Street. The move is expected to be completed by the end of 2018.

Nevertheless, many are excited for Fearless Girl's new adventure.

"Our hope is that, by moving closer to the NYSE, she will inspire more companies to take action", State Street Global Advisors president and CEO Cyrus Taraporevala said. That way, it can serve as a "constant reminder of the work that public companies still have to do" to increase gender diversity on their boards.

So for now, Fearless Girl will stand without the Charging Bull she was created to stare down.

Visbal finds the new location "exciting", but added that the statue's message has extended beyond finance.

Hours later, visitors from around the world swirled around the ponytailed girl in a windblown dress that became a tourist magnet last spring when the artwork popped up confronting the famed bull. Di Modica's bull is meant to signify American prosperity and strength, the artist said in comparison.

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