76.5 F
Sunday, May 31, 2020
Home Business World Index 50+ CEOs Outpace Their Global Peers in Advancing Women For Second Consecutive...

50+ CEOs Outpace Their Global Peers in Advancing Women For Second Consecutive Year


For the second year in a row, Catalyst CEO Champion For Change companies collectively have a higher representation of women in leadership positions at every level than their global peers—more women board directors, executives, senior managers, and managers. Since March 2017, the Catalyst CEO Champions—more than 50 top industry leaders—are demonstrating that progress is possible. We are still far from gender equality in the workforce and society, but as the Catalyst CEO Champions have proven, commitment that leads to action can effect change.

The Catalyst CEO Champions For Change signatories have committed to advancing more women, including women of color, into senior leadership positions and onto their boards. To hold themselves and their organizations accountable, these leaders boldly pledged to be transparent and share metrics on their progress. This is the second year Catalyst is reporting on how well their companies are living up to their commitments.

The numbers show that Catalyst CEO Champion For Change companies are outpacing their global peers in advancing women:

Women represent 38.1% of managers compared to 33% at global companies.

Women represent 28.2% of senior managers compared to 26% globally.

Women hold 24.4% of executive positions compared to 20% globally.

Women hold 27.7% of board seats compared to 22% at S&P 500 companies.

In addition, Catalyst CEO Champion For Change companies are outperforming their peers in advancing women of color, a particularly underrepresented group. They have a stronger pipeline of women of color in manager positions, and they are ahead of their peers in promoting these women into the executive ranks. They shine in the boardroom, where, collectively, they have more women of color board directors than the top 200 companies in the S&P 500.

“Catalyst CEO Champions passionately believe that what’s good for women is good for everyone. They’ve seen the positive results of increased diversity and inclusive cultures firsthand,” says Catalyst President and CEO Lorraine Hariton. “We are proud and honored to work with the Catalyst CEO Champions to both create gender equality in the workplace and inspire other organizations to do the same.”

Most Popular

Black Veterans Call for Congressional Black Caucus to seek a Hearing on Human Rights Violations against the United States in the World Court….

By: Charles Blatcher, III Chairman National Coalition of Black Veteran OrganizationsContact InformationEmail address: cnmmmf@aol.comPublication date: May 31, 2020 On the...

New Data: Black Americans Most Likely to Have Been Laid Off As Result of COVID-19; Latino Americans Most Likely to Report Reduced Hours and...

Strada Education Network, a national social impact organization dedicated to forging pathways between education and employment, has...

OneUnited Bank Announces 10th Anniversary “I Got Bank” National Financial Literacy Contest For Youth

 In celebration of National Financial Literacy Month, OneUnited Bank, the nation's largest black-owned bank, is proud to announce its 10th Annual...

CEO/President of the California Black Chamber of Commerce Jay King Launches Covid-19 “Everybody Pitch In” GoFundMe Campaign To Save California-Based Small Black Businesses

Jay King, the CEO and President of the California Black Chamber of Commerce (CBCC), has announced the launch of a...

Recent Comments