'Fearless Girl' is moving to a new home

"Fearless Girl" is getting a new home at the New York Stock Exchange.The popular statue will be moved from the...

Posted: Apr 19, 2018 2:11 PM
Updated: Apr 19, 2018 2:11 PM

"Fearless Girl" is getting a new home at the New York Stock Exchange.

The popular statue will be moved from the spot where it was installed last year, opposite the "Charging Bull" sculpture in Lower Manhattan.

"Fearless Girl" will move about three blocks away, outside the stock exchange and facing the building.

New York Mayor Bill de Blasio and State Street Global Advisors, the financial firm that installed the statue in March 2017, made the announcement on Thursday. They said the statue would move to its "long-term" home by the end of this year.

The decision was first reported by the New York Daily News.

The mayor's office said the city is also considering moving "Charging Bull," though it did not say when or where.

The bronze statue has captured the hearts of New Yorkers and tourists. At first, she was only supposed to stay in place for a few days. But the city decided to extend her permit for a year in response to the public's embrace.

Fans have dressed her for poor weather and imitated her pose - hands on hips, chin held high - to be photographed by her side. Crowding around the statue posed a safety risk and was a factor in the move, the city said.

Thomas Farley, president of the New York Stock Exchange, called the statue "a striking symbol of our ongoing journey toward greater equality."

"We eagerly await the arrival of Fearless Girl to her fitting new home," he added.

Related: You can buy a reproduction of 'Fearless Girl' for $6,500

De Blasio called the statue "a powerful symbol of the need for change at the highest levels of corporate America." He added that "she will become a durable part of our city's civic life."

"Fearless Girl" was designed to call attention to a State Street Global Advisors initiative to increase the number of women on corporate boards. The company said more than 150 companies have added a woman to their boards since "Fearless Girl" was installed.

"Our hope is that by moving closer to the NYSE she will inspire more companies to take action," said Cyrus Taraporevala, State Street Global Advisors president and CEO.

Lori Heinel, deputy global chief investment officer for State Street Global Advisors, told CNN's Maggie Lake on Thursday that her company has been working with the city for a year to find a more permanent home for the statue.

"We think it's perfect that she's going to stay ... at the heart of that financial district," Heinel added. That way, the statue can serve as a "constant reminder of the work that public companies still have to do" to increase gender diversity on their boards.

Kristen Visbal, the sculptor, told CNNMoney she is "thrilled" that the statue will remain in New York City.

She added that she finds the new location "exciting," but that she believes the statue's message has extended beyond finance. She hopes that by remaining in the public eye, "Fearless Girl" will "continue to inspire the global community regarding gender collaboration in every aspect of life."

Related: NYC mayor to 'Charging Bull' artist: 'Fearless Girl is staying put.'

"Fearless Girl" also has her critics, including Arturo Di Modica, the sculptor who made "Charging Bull" and surreptitiously placed it in front of the stock exchange in 1989.

Police removed the statue, which didn't have a permit. But public support was so great that the city gave it a permanent home nearby. It has stood ever since as a symbol of American capitalism.

At a press conference last year, Di Modica told reporters that "Fearless Girl" tarnished the positive message of the bull, which is "a better America and a better world."

He could not immediately be reached to comment on the possibility that "Charging Bull" may move.

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.

Months after "Fearless Girl" was installed, State Street agreed to pay $5 million to settle allegations that it underpaid female and black employees. The firm denied wrongdoing.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 501652

Reported Deaths: 10024
CountyCasesDeaths
Harrison34353540
DeSoto32162408
Hinds31977631
Jackson24508383
Rankin22015390
Lee15596235
Madison14597280
Jones13867243
Forrest13461252
Lauderdale11998317
Lowndes11065188
Lamar10522136
Pearl River9547237
Lafayette8557140
Hancock7740127
Washington7443160
Oktibbeha7147133
Monroe6787178
Warren6706176
Pontotoc6677104
Neshoba6642206
Panola6542131
Marshall6476135
Bolivar6323150
Union605794
Pike5824152
Alcorn5676102
Lincoln5439135
George497479
Scott473098
Tippah470381
Prentiss469182
Leflore4663144
Itawamba4640105
Adams4592119
Tate4592111
Copiah448792
Simpson4448116
Yazoo444887
Wayne440072
Covington429094
Sunflower4240105
Marion4232108
Coahoma4168107
Leake408688
Newton381779
Grenada3711108
Stone360664
Tishomingo360092
Attala331789
Jasper330165
Winston314691
Clay308977
Chickasaw301067
Clarke292594
Calhoun279447
Holmes267987
Smith264150
Yalobusha234547
Tallahatchie228251
Greene219449
Walthall218764
Lawrence213140
Perry205956
Amite205256
Webster203046
Noxubee186840
Montgomery179657
Jefferson Davis172243
Carroll169338
Tunica160039
Benton149239
Kemper141941
Choctaw133326
Claiborne132837
Humphreys129638
Franklin120328
Quitman106528
Wilkinson105139
Jefferson94734
Sharkey64220
Issaquena1937
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Alabama Coronavirus Cases

Cases: 820312

Reported Deaths: 15407
CountyCasesDeaths
Jefferson1148731924
Mobile726221339
Madison52362697
Shelby37640350
Baldwin37266552
Tuscaloosa35120612
Montgomery34123740
Lee23540246
Calhoun22236488
Morgan20958378
Etowah19838500
Marshall18381304
Houston17394412
St. Clair16078339
Cullman15468293
Limestone15354199
Elmore15271286
Lauderdale14323295
Talladega13851283
DeKalb12664261
Walker11221370
Blount10207176
Autauga10048148
Jackson9877184
Coffee9211191
Dale8904185
Colbert8877201
Tallapoosa7093198
Escambia6778134
Covington6715183
Chilton6648162
Russell637559
Franklin5969105
Chambers5612142
Marion5010127
Dallas4979200
Pike4796106
Clarke475884
Geneva4575127
Winston4522103
Lawrence4327117
Bibb425386
Barbour357876
Marengo338390
Monroe331664
Randolph329864
Butler326796
Pickens316584
Henry312866
Hale311688
Cherokee302960
Fayette294180
Washington251651
Cleburne247760
Crenshaw245375
Clay243368
Macon234863
Lamar224847
Conecuh186353
Coosa180340
Lowndes175464
Wilcox168939
Bullock151744
Perry138940
Sumter133238
Greene126744
Choctaw88527
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