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Women execs splinter rather than shatter the glass ceiling

first_imgThe recent decline in the number of women directors on the board at FTSE 100companies was reversed last year, according to the latest research. However, the study by the Cranfield School of Management’s Centre for DevelopingWomen Business Leaders, also reveals that female board members are still a verysmall minority at the UK’s biggest companies. Figures show that 39 of the 100 top companies still do not have any womendirectors – and they only represent a small percentage in many of thosecompanies. The research reveals that after two years of falling numbers, women now makeup 7.25 percent of all FTSE 100 board directors, following an increase to 75 in2002 from 68 in 2001. The number of women executive directors also increasedthis year from 10 to 15. “The increase in the number of female executive directors isparticularly pleasing,” said Susan Vinnicombe, director of the Cranfieldcentre and the report’s co-author. If the current trend continues, gender parityon corporate boards could be reached in seven years, she predicted. The fact that nearly 40 per cent of the top FTSE 100 companies still do nothave any women represented on the board, including Personnel Today’s parentcompany Reed Elsevier, drew sharp criticism from MP Harriet Harman. “Thesituation is not good. There should be no all-male boards,” she told thereport’s launch at a Women in Leadership summit hosted by the Institute ofDirectors. The research shows that 32 per cent of the women directors are non-UKcitizens. By DeeDee Dokewww.som.cranfield.ac.uk/som/news Previous Article Next Article Comments are closed. Women execs splinter rather than shatter the glass ceilingOn 19 Nov 2002 in Personnel Today Related posts:No related photos.last_img read more

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