Sector News

America’s most powerful female CEOs

February 9, 2015
Diversity & Inclusion
Men hold the reins at most of America’s big businesses.
 
About 95 percent of the country’s largest public companies, by market cap, are led by men, according to a recent report by PassFail. The largest company with a female chief executive is Oracle, which has a $188.2 billion market cap. The company is led by Safra Catz — who shares the CEO position with Mark Hurd. IBM is the largest company led solely by a woman.
 
Take a look at 20 of the largest companies with female CEOs in this article. Three of them are based in Fairfield Connecticut, one is based in Purchase, New York, and one is based in Armonk, New York.
 
Several of those female CEOs were appointed in the last year. That includes Catz, Barbara Rentler of Ross Stores, Margaret Keane of Synchrony Financial, Mary Barra of General Motors and Susan Cameron, who came out of retirement to lead Reynolds American. Only two of the companies, IBM and General Motors, have seen their stock dip in the past 12 months.
 
Women have a higher percentage share of management positions in the U.S. than most countries, according to a recent survey from the International Labour Office. The survey ranked 126 countries, although it did not differentiate between CEOs and other managers. The U.S. came in 15th, with 42.7 percent of management spots held by women.
 
> Read the article on the CT Post website
 
By Julie Balise
 
Source: CT Post

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