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article imageEquality in the boardroom? Only 8 out of 100 CEOs are female

By Tim Sandle     Sep 7, 2020 in Business
Equality at work has advanced over the past few decades, but it seems that the boardroom is not one of these areas. Very few women have reached the head role in the leading firms in the U.S., as new data reveals.
Diversity and inclusion is a topic within the business world that is constantly being addressed and worked upon. As many studies show, there is little equality within boardrooms, equal pay and opportunities for those within minority communities.
The company DirectlyApply has conducted a study that looks into job descriptions of the Fortune 500 to see whether they favor male applicants. This reveals that only eight of the Fortune 100 companies has a female CEO.
The female CEOs and their companies are:
Mary Barra at General Motors
Safra Catz at Oracle
Phebe Novakovic at General Dynamics
Carol Tomé at United Parcel Service
Kathy Warden at Northrop Grumman
Gail Boudreaux at Anthem
Susan Griffith at Progressive
Corie Barry at Best Buy
As well as considering the topic of equal opportunity for female CEOs, the study indicates how graduate job roles are some of the worst performing in relation to attracting female applicants.
This is itself interesting, for if there is to be a change in the number of female CEOs going forwards, businesses must address the language and tone used within job descriptions (especially in terms of gender bias). Such cultural modifications create conditions that allow for a maximum opportunity for females to apply for entry level roles across all industries.
The top five companies for job adverts that meet the best diversity and inclusion standards, together with their business sector, are:
Cigna - Health Care
American Airlines Group - Airlines
Verizon Communications - Telecommunications
StoneX - Diversified Financials
Comcast - Telecommunications
The five companies that come out worst, according to the survey, for gender inclusion are:
Best Buy
Nike
Exelon
Allstate
CVS Health
As of the current situation, at least 38 companies within the Fortune 100 appear not attracting females for their graduate roles. The implications of this is such that leading companies are unlikely to see an increase in the number of female CEOs in the future.
Current data relating to women in business suggests that as women are not receiving an equal opportunity to get their foot on the first rung of the corporate ladder.
More about fortune 100, Women, CEOs, boardroom
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