CEO Magazine - Volume 18

Page 21

WOMEN IN BUSINESS

Women in Business Russia has the highest proportion of women in senior management positions, with 43% of women occupying high level roles. Whereas the USA has one of the lowest proportions, with only 22%, falling below the global average of 24%.

The top three female CEOs in the Wall Street Journal’s 2014 pay survey 1. Carol Meyrowitz Firm: TJX Cos. Compensation: $20.6 million Shareholder return: +28%

Source: Grant Thornton’s 2014 International Business Report a survey of around 6,600 private companies in 45 different countries.

2. Phebe N. Novakovic In January 2014, Mary Barra became the first woman to lead a major automotive company when she took over as CEO of General Motors. She first joined the company in 1980 at the age of 19.

Firm: General Dynamics Compensation: $18.5 million Shareholder return: +41%

3. Indra Nooyi Firm: PepsiCo Compensation: $18.1 million Shareholder return: +25.1%

In 2013, France introduced quotas imposing a minimum of 40% of women on corporate boards.

A recent report from the US Census Bureau shows that female CEOs in the US make on average 258 times more than their employees, whilst male CEOs make roughly 331 times more.

24 The number of female CEOs running Fortune 500 companies reached a historic high in 2014, up from 20 in 2013, to 24.

CEO positions at S&P 500 companies that are held by women

Photo @ Asa Mathat

I always did something I was a little not ready to do. I think that’s how you grow. When there’s that moment of ‘Wow, I’m not really sure I can do this,’ and you push through those moments, that’s when you have a breakthrough. MARISSA MAYER, CEO OF YAHOO!

IBM broke its 100 year tradition of hiring male CEOs by hiring Ginni Rometty as its CEO in 2012. CEO MAGAZINE

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