According to a study conducted by the Working Mother Research Institute, the number of female corporate executives is on the rise. Of the companies named to the National Association for Female Executives (NAFE) Top 50 Companies for Executive Women, 25 percent of corporate executives are women, up from 22 percent last year. Additionally, women now occupy 26 percent of all board of director seats at NAFE Top 50 companies, compared with 17 percent across the Fortune 500 companies.
“After remaining steady for three years, it’s great to see an increase in female board of director seats within NAFE and Fortune 500 companies. For the sixth year, we’re listed among the top companies recognizing the importance of growing strong women leadership,” said Tami Erwin, vice president and chief marketing officer for Verizon Wireless, recognized as a 2013 Top Company for Executive Women.
The NAFE Top 50 Companies lead corporate America in recruiting, retaining and advancing women. Additional findings from this year’s study include:
- Women now make up 22 percent of the profit-and-loss corporate executives, up from 19 percent last year.
- Female CEO representation at the NAFE Top 50 Companies held steady at 10 percent, compared to 4 percent for the Fortune 500.
- Women make up 26 percent of the leaders of billion-dollar divisions at the NAFE Top Companies, up from 23 percent last year.