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Women make up less than a tenth of the board chairs of publicly traded companies in the UK, which lags behind other major global economies.
According to the executive search company Heidrick & Struggles, which has analyzed the profiles of 1,095 CEOs of the largest publicly listed companies in 24 markets worldwide, gender diversity in top management positions is still completely inadequate. As of the July 5, 2021 snapshot date, only 8% of CEOs of UK publicly traded companies were female – although that percentage is higher than last year’s 5%. Ireland was a leader in gender diversity at the CEO level, with 14% of CEOs identified as female. It was followed by the United States (12%), Singapore (11%), and Belgium and Sweden (both 10%). According to the Route to the Top report, the UK had the same proportion of female CEOs in publicly traded companies as South Africa, the Netherlands, Denmark and Finland. Companies in Italy, Mexico, and Canada performed worst on gender diversity – none of these countries had a publicly traded female CEO. “As the global corporate environment shifts towards a stronger stakeholder perspective, the CEO is changing too,” said Bonnie Gwin, vice chairman and co-managing director of the global CEO and Board of Directors practice at Heidrick & Struggles . “CEOs are quickly becoming the standard bearers on a wide variety of cybersecurity, sustainability, social justice, and diversity topics
