"The number of female chief executives in the FTSE 100 peaked in 2023, when 10 out of the 100 bosses were women. It stood at only six in 2016. The FTSE 350, which includes mid-sized businesses, missed a voluntary target set in 2021 of 40% of women in top executive roles by 2025. In this group, women made up 36% of senior leadership roles defined as those on the executive committee and senior managers immediately below that level."
"Campaigners have bemoaned the achingly slow progress made on gender equality at the top of Britain's biggest businesses, as research showed blue-chip firms had missed key targets and there were only nine female bosses at FTSE 100 companies. The average number of female FTSE 100 chief executives did not move last year, according to the government-backed FTSE Women Leaders Review."
"Vivienne Artz, the chief executive of the FTSE Women Leaders Review, said progress had been achingly slow. She said: Roles like chief financial officer, chair and chief executive are the most difficult to fill with female candidates, indicating persistent barriers to advancement in top leadership positions."
Gender equality progress at Britain's largest companies remains stagnant, with only nine female chief executives leading FTSE 100 firms in the latest review. The number of female CEOs has not increased from the previous year, despite reaching a peak of ten in 2023. The FTSE 350, encompassing mid-sized businesses, fell short of its voluntary 40% target for women in top executive roles, achieving only 36% representation. However, the group successfully met its 40% board representation target with 43% of seats held by women. Senior leadership positions including chief financial officer, chair, and chief executive roles remain the most challenging to fill with female candidates, indicating persistent barriers to advancement.
Read at www.theguardian.com
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