The Boardroom Still Has a Glass Ceiling
Our Monday gender issues blog:
With Mary Barra soon ascending to the top of GM, she will also become the fifth woman on their 12 person Board of Directors. The boards of only 4 other Fortune 500 companies–Estée Lauder, Avon Products, Procter & Gamble, Interpublic Group–are 40% female. By contrast, 50 Fortune 500 companies have no female directors.
First, by percent, you can see which countries have the most women on corporate boards:
Next, for 2013 Fortune 500 CEOs, the numbers are similarly skewed:
- Men: 95.8%
- Women: 4.2%
And finally, for 2013, Fortune 500 Executive Officer Top Earner Positions:
- Men: 91.9%
- Women: 8.1%
The German government will be debating if companies listed on the DAX index should be required by 2016 to have no less than 30% of their directors’ positions held by women. Should government be involved with the underutilization of human capital that the boardroom glass ceiling creates? Your opinion?
Sources and Resources: Always an excellent source of facts and reports on women at work, a Catalyst report and the graphs I recreated from their Knowledge Center complemented the information I used from a Fortune blog while here, Catalyst lists female Fortune 1000 CEOs. In the past, econlife has looked at the glass ceiling and at women in the boardroom.