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Want Gender Balance? Appoint a Woman CEO!

Comparing companies run by progressive men with companies run by women

Do women promote women more? We compare companies run by men (who also happen to be publicly supportive of gender balance) and companies run by women. In general, women CEOs do seem to promote more women to their senior leadership teams. Though since we last updated this list (December 2009) we discovered that both Pepsi Co and Sara Lee had two fewer women executives. However, there were increases at TJX (from 1 to 3) and Reynolds American (from 2 to 4). There were also increases of one at Sunoco and Xerox. (More on Women Fortune 500 CEOs).

None of the companies run by men increased the number of women executives on their leadership teams and four of them (Cadbury, Telefonica, National Grid, and Shell) had no women at all on their Executive Committees in November 2009.

Co's run by Progressive Men

Number of women on Board

Number of women on Executive Committee

Co's run by Women CEOs

Number of women on Board

Number of women on Executive Committee

Cadbury

1

0

WellPoint

6

4

Centrica

2

2

Archer Daniels Midland

3

3

Telefonica

1

0

Sunoco

3

4

United Utilities

1

2

PepsiCo

3

1

Tate & Lyle

1

0

Kraft Foods

4

4

Thomson Reuters

1

1

TJX Companies

3

3

J Sainsbury

3

3

Rite Aid

1

2

Sodexo

4

2

Xerox

4

8

BP

2

1

Sara Lee

3

1

National Grid

3

0

Avon Products

5

4

BAE Systems

0

1

Reynolds American

3

4

Shell (Global)

1

0

Western Union Holdings

3

6

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17 FTSE 100 business leaders, letter to Daily Telegraph, October 20, 2008

“We are living through extraordinary times, and extraordinary times call for innovative solutions. We are convinced it is essential to accelerate the progress of women into senior positions, given the UK’s need to deploy the best talent available. This need is greater than ever in the current economic climate.”