From Bad to Worse in Australia
Already So Few, Number of Women in Board or CEO Spots Slips
Fewer women are making it to the top in the Australian corporate world, a trend that has picked up speed over the last two years:
- For every 49 male corporate board chief, there is just one woman, according to the Australian Census of Women in Leadership.
- Women make up 10 per cent of executive managers and 8 per cent of board members, but only four women hold CEO positions and only four women are board chiefs.
- There are more than 10 men for every one woman on boards, down 0.4 percentage point from the record high in 2006.
- Just over half of all ASX 200 boards have no women board directors, up from 39.5 per cent a few years ago.
- The number of companies with no women executive managers rose to 45.5 per cent this year from 39.5 per cent two years ago.
- Australia, which was second only to the United States early this decade in female executive managers, now trails Britain, South Africa and New Zealand as well as the US in this measure.
Sources: The Herald Sun and australasianews.blogspot.com
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