WBC Staff

The Women Business Collaborative, C200 and Catalyst realeased today the Women CEOs in America Report: Changing the Face of Business Leadership. This first of its kind report report shares both the data and the profiles of model women CEOs, as well as providing economic perspectives and analysis of how to address the scarcity of diversity within the pipeline.

WASHINGTON, Oct. 26, 2020 /PRNewswire/ — C200, Catalyst and Women Business Collaborative (WBC) released the 2020 Women CEOs in America Report: Changing the Face of Business Leadership. This first of its kind report tells a comprehensive story of women CEO leadership today in not only Fortune 500, S&P 500, and Russell 3000 companies, but in private companies including media and finance. This report shares both the data and the profiles of model women CEOs, as well as providing economic perspectives and analysis of how to address the scarcity of diversity within the pipeline. The report profiles women CEOs and analyzes the pipeline across the public and private sectors, and with its companion monitoring tool offers critical insights to understanding women's leadership in corporate America.

Today, 7.8% or 39 of Fortune 500 CEOs are women, and less than 1% identify as a person of color. Thus, each appointment of a woman CEO is critical. In February 2021, the number will increase to 40 women CEOs in the Fortune 500, or 8%, when Jane Fraser assumes control at Citi. C200, Catalyst and WBC are hopeful more women will be appointed CEO within the next six months. The time to elevate women CEOs and increase efforts to develop a rich and diverse pipeline is now. "We ask corporate America to work with us to accelerate the progress towards our goals, including ensuring that by 2025 women are 15% of Fortune 500 CEOs and at least 10% of those CEOs are women of color," says Edie Fraser, CEO of Women Business Collaborative.

ABOUT C200
C200 is a not-for-profit membership organization with an educational and charitable mission whose members include the world's most successful women entrepreneurs and corporate leaders. The purpose of C200 is to encourage and facilitate the sharing of members' expertise, experience, networks, and leadership to educate, inspire, support, and advance women in business.

ABOUT CATALYST
Catalyst is a global nonprofit working with some of the world's most powerful CEOs and leading companies to help build workplaces that work for women. Founded in 1962, Catalyst drives change with pioneering research, practical tools, and proven solutions to accelerate and advance women into leadership—because progress for women is progress for everyone.

ABOUT WBC
Women Business Collaborative is an alliance of business women's organizations working together to achieve equal position, pay and power for all women in business. We are a social movement consisting of millions of diverse, professional women and men, business organizations, public and private companies and the media leveraging the power of collaboration to accelerate change.

The complete 2020 Women CEOs in America Report: Changing the Face of Business Leadership is available Here.

Read the orginal release here.

Women Business Collaborative Summit Showcases Collaboration in Accelerating Leadership

WASHINGTON, D.C. – Women Business Collaborative (WBC), the only collaborative and fastest-growing movement of women's business organizations, corporate partners, C-Suite leaders, entrepreneurs, capital leaders and associations is hosting its digital Annual Summit – Weaving a Movement, October 1st and 2nd.  WBC works to achieve Equal Position, Pay and Power for all business women. At the Summit, WBC will hear from industry trailblazers, salute its Board, 41+ partner organizations and their work accelerating WBC's Nine Action Initiatives, and recognize CEOs from companies promoting women's leadership.  Additionally, WBC, in collaboration with its partners Catalyst and C200, will release the first Women CEOs In America report.

"We are so incredibly grateful for the passionate support to move collectively and faster together for the advancement of business women and our commitment to women of color is of major importance. We have seen drastic uptakes in women represented on Boards in 2020, and we continue to see important promotions in the C-Suite with women CEOs; we must stand bold and steadfast," said Edie Fraser, CEO of WBC. " We are grateful to our sponsors and partner organizations – for their leadership and continued commitment to our values. We have much to do together and much to celebrate."

WBC will recognize four business leaders with the 2020 WBC CEO Leadership Award for Gender and Diversity Excellence. The awardees – Bruce Broussard, Humana; Ann Cairns, Mastercard; Dave Ricks, Eli Lilly and Company; Arne Sorenson, Marriott International – will be honored for their work driving gender and diversity in leadership. Joaquin Duato, Vice Chair of Johnson & Johnson, will speak about Executive Commitment to Gender and Diversity.

WBC's will host three Trailblazer award recipients with keynotes by Sen. Amy Klobuchar; Bonnie St. John, Former Paralympic Skier, Author and Public Speaker; and Judith M. von Seldeneck, Founder and Chair of Diversified Search and founding sponsor of WBC. 

Our movement and network, spearheaded by our Board, organization partners, and growing network of over 100 Advisory and 107 Leadership Council members, reaches tens of thousands of business leaders across the United States and globally. WBCs commitment to diversity is reflected in our Councils and Board of Directors which include more than 32 percent people of color.  

The WBC Annual Summit is sponsored and supported by twelve organizations: Diversified Search, Bank of America, Capital One, CoreCivic, DevMar, Genuent, Humana, Inoventures, Republic Bank, Sodexo, Tata Consultancy Services and Zendesk. 

Read the original release here.

Women Business Collaborative Recognizes Four Corporate Executives for Leadership in Gender Diversity. 
Awardees include leaders from Eli Lilly and Company, Humana, Marriott International and Mastercard 
 

WASHINGTON, D.C. – The Women Business Collaborative (WBC) recognizes heads of Eli Lilly and Company, Humana, Marriott International and Mastercard with their 2020 WBC CEO Leadership Award for Gender and Diversity Excellence.

The 2020 awardees are:

• Bruce Broussard, President and CEO, Humana
• Ann Cairns, Executive Vice Chair, Mastercard
• Dave Ricks, Chair and CEO, Eli Lilly and Company
• Arne Sorenson, President and CEO, Marriott International

"These four represent top leaders taking swift and transparent actions to build equity in business. We are excited to celebrate their commitments to creating more equitable and inclusive workplaces and driving progress," said Edie Fraser, Founder and CEO of WBC. "The work we’re doing requires everyone in the business community to do their part, and we are so proud to honor those who are leading the way."

WBC is an alliance of women business organizations and professional men and women working to achieve equal position, pay and power for All Business Women.

The 2020 WBC CEO Leadership Awards for Gender and Diversity Excellence were selected using input from WBC members and partners as well as data available from Gender Fair, the first and largest consumer platform that rates companies on their gender and diversity practices, including Leadership, Employee Policies, Advertising and Communications, and Social Responsibility. Awardees were chosen for their long public history of prioritizing gender equality, diversity, equity and inclusion as well as data available on recruiting diverse talent, community impact and CEO leadership.

"It was important for us to not only focus on CEOs that championed gender and inclusivity, but those who had established crystal clear targets and processes for reaching a diverse workplace, and who were willing to share results," explained Robert Reiss, who along with Rebecca Shambaugh are co-chairs of the WBC CEO Roundtable. 

The awardees will be recognized for their contributions during day two of the WBC Summit, October 2, 2020. 

Read the original release here.