All-male boards are almost nonexistent at large companies, but it will still take 30 more years for gender parity on US boards. Find out how that can happen faster: http://www.ey.com/gl/en/issues/governance-and-reporting/center-for-board-matters/?video=5330068732001
The Washington Post: For years, the statistics have been glacial and disheartening. The percentage of women in the board rooms of the largest U.S. companies has crept up from 15 percent in 2005 to about 20 percent a full decade later. To try and change that dynamic in Corporate America’s halls of power, investors have pushed companies to disclose more about diversity and […]
Women are well established in professions like medicine, law and banking. They’ve advanced to the top of prominent companies, including General Motors, GlaxoSmithKline, Pepsico and IBM. Yet a gap remains: corporate boards. Men hold about 80 percent of all S&P 500 board seats and growth in female representation has slowed. European countries and companies have instituted formal mandates, […]
Women make up half of the global population, contribute $7 trillion in US consumer and business spending and drive 85% of all consumer purchasing. That’s pretty awesome. But the power of women in the economy isn’t translating to the workplace. While women represent 47% of the US workforce, we hold less than 20% of Fortune […]
The glass ceiling for women on corporate boards does not appear to be budging. Women held one in every five board seats at S&P 500 companies last year, or 19.9%, according to a survey from Catalyst, a research group that tracks executive women. That was only a slight increase from 19.2% the year before. “Men […]
State Street Global Advisors installed the statue, sculpted by artist Kristen Visbal of Delaware, on the eve of International Women’s Day to serve as the visual component of the money manager’s new commitment to gender parity in corporate boardrooms. The firm, with roughly $2.5 trillion under management, announced Tuesday that it would pressure 3,500 companies […]
Gender equality still has a long way to go in terms of closing the gap in advancement between men and women in the workplace. According to a 2016 report conducted by McKinsey and LeanIn.org, only about 19 percent of C-suite executives are female. To promote the advancement of women in the workplace, companies should make […]