May 14, 2010

Women Board Directors

Posted in Uncategorized tagged , , at 10:18 pm by Gina

This post comes from a new site called “Catalyst” that I found while searching “number of women CEO’s of fortune 500 companies.” haha I am such a nerd.

Catalyst’s mission is to work “with businesses and the professions to build inclusive workplaces and expand opportunities for women and business.” Thus their motto is “Changing Workplaces. Changing Lives.” Founded in 1962 Catalyst is now the leading nonprofit organization working with over 400 business globally. It seems mainly that their main work is research. They then use their information to advance women and business and provide models for change.

Wow! That’s a lot! In a census published in March 2010, “Financial Post 500 Women Board Directors,” Catalyst “examines women’s representation on corporate boards at the most profitable companies in Canada.” Many interesting things were found:

– In both 2007 and 2009, less than one-fifth of companies had three or more women on their boards, and more than 40 percent had no women directors.

– Nearly half of public companies have no women board directors.

– Women’s representation in board leadership positions at public companies continues to lag behind their overall representation as board directors.

BUT

– Women’s representation on private company boards increased 4 percentage points from 2007 to 2009.

– In 2009, women held 14.0 percent of board seats at Financial Post 500 companies, an increase of one percentage point since 2007.

For the complete study click here

What do you think? Did you even realize these things? Do you think this is still an important issue or not as important anymore? Let me hear your thoughts! I also encourage you to explore Catalyst.org, its an interesting site!

Happy Weekend!
~Gina

3 Comments »

  1. Amanda Gabrielle said,

    My mom complains about it all the time… how all the guys at her work always think they know more than her even though she’s worked there for over 30 years and is their manager & boss. I think its hella important, but technically I’m going into a “girly” profession soo I will never have to deal with it? :]

  2. Rachel said,

    The stock market is a world dominated by men. Not investors but traders on the floor.


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