Anecdata-Women in Business
Catalyst CEO Champions for Change Global Representation of Women Executives: 22.5% 25.1% 20%
Senior Managers: 26.4% 29% 26%
Managers: 36.7% 37.4% 32%
Women Board Directors Women Board Directors: 22.6% 30.7%
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aunched in 2017, Catalyst CEO Champions for Change was formed to demonstrate that a continued focus from the C-suite on advancing women at the top levels of business makes a difference. So far, more than 60 CEOs of major global corporations have signed on to demonstrate that gender equity is a top priority for them, and they have committed to sharing metrics on their progress. Now in its third year, the latest report on this campaign also looks back at the progress these companies have reported from 2013 to 2018. “These pioneering CEOs are leading the way for others in making workplaces that work for women,” noted Catalyst President & CEO Lorraine Hariton in the report. The companies, among the world's largest, include IBM, Dell, P&G, Unilever, Walmart, Target, Chevron, Avon, Coca-Cola, Pepsi, and more than 50 additional well-known global brands. One bright spot from 2013 to 2018 was the increase in women board directors, the report states. “Our Champion companies have dramatically increased the number of women on their boards of directors—from 22.6% in 2013 to 30.7% in 2018. In comparison, women represented only 24% of board directors in the S&P 500 in 2018. The numbers for women of color have also increased—from 3.8% for Champion companies in 2013 to 5.2% in 2018. Women of color held 4.6% of Fortune 500 board seats in 2018.” Source: Catalyst, Progress in Action: Catalyst CEO Champions for Change
US Women of Color Executive/ Senior-Level Officials and Managers:
5.8%
4.1%
11.4%
9.7%
24%
Women of Color Board Directors:
2018
2013
First/Mid-Level Officials and Managers:
3.8% 5.2% 4.6%
1 2013 Champion Companies 1 2018 Champion Companies 1 2018 Global Companies Comparison 1 2018 S&P 500 1 2018 Fortune 500
Women in S&P 500 Companies 5%
CEOs
11%
Top Earners
21.2%
Board Seats
36.9%
Executive/Senior-Level Officials and Managers First/Mid-Level Officials and Managers
44.7%
Total Employees
26.5%
Source: Catalyst, Pyramid: Women in S&P 500 Companies (January 1, 2020)
FRANCHISEUpdate
ISSUE 1, 2020
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