Saturday, October 07, 2006

Women struggle to enter boardroom


Women are struggling to break into the boardroom in spite of pressure to increase diversity, according to re-search by Deloitte, the financial services group.

The number of female executive board members in FTSE 350 companies has remained static in the past year, while the number of female non-executive directors increased by just 1 per cent. Women make up only 3 per cent of executive directors and 10 per cent of non-executive directors.

Carol Arrowsmith, head of remuneration at Deloitte, said: "There is still a huge gender imbalance in the boardroom."

Most of the women who have made it to the top did so at the biggest companies such as Tesco. About 13 per cent of non-executive directors on FTSE 100 companies are women, compared with 8 per cent on FTSE 250companies. The research showed a sectoral bias, with about 4 per cent of female executive directors in sectors such as retail compared with industrial and manufacturing sectors where only 2 per cent of executive directors are women.

See full Article (paid subscription required).