Women CEOs and in the C-Suite
The Number Of Women In Senior Executive Roles Hasn’t Increased In 10 Years; Let’s Change It
Overview
Partners
Vision: Our definition of success for this initiative is full gender parity in the C-Suite by 2030. In order to do this, we will collaborate with corporations and nonprofits to build the pipeline and highlight best practices in promoting women, with consideration for women of color, across the C-Suite.
Outlook: According to the World Economic Forum the proportion of women in senior executive roles globally has been stuck at 24% for more than a decade. From entry-level to the C-suite, women remain underrepresented in corporate America. Although women made representation gains of five percentage points in leadership roles in the past five years, they still make up less than 25 percent of executive-level positions, according to McKinsey’s joint report with LeanIn.Org, Women in the Workplace 2021. An ISS Analytics study showed that nearly 80% of women executives are concentrated in finance, legal and Human Resources, not in operating and P&L roles that lead to CEO opportunities.
WBC is seeking full gender parity in the C-suite by 2030. Additionally, we want to see:
- 10% of all women in the C-Suite to be women of color by 2030
- 8% and 17% of women occupying the C-Suite have substantial P&L responsibility by 2025 and 2030 respectively
- 25% and 30% of candidates assessed for C-Suite roles are women by 2025 and 2030 respectively
- Equal numbers of men and women receive detailed information on career paths leading to line management roles by 2025 he Women in Boards Initiative aims to increase the number, quality, and advancement of women on boards in public and private corporations, with a focus on diversity and inclusion. This requires using collaboration, sharing of best practices, and leveraging the core capabilities of each partner organization, therefore allowing best-in-class organizations in different areas to take the lead and become centers of excellence in specific areas. We will do this by partnering, developing a robust database, and participating in public advoc
