CEO Leadership and Sponsorship of Women CEOs

Chair, Lorraine Hariton, President and CEO, Catalyst

The number of female CEOs at Fortune 500 companies stands at 6.8% (34) as of August, 2019, just barely beating the record of 32 in 2017 (2018 saw a reduction).

ACTIONS

  • Provide aspiring women leaders with influential sponsors who can champion their leadership qualities and secure stretch opportunities in support of critical path strategic priorities
  • Introduce P&L roles to high-potential women leaders starting at mid-career
  • Aggressively build the pipeline of diverse women leaders with line management experience so that succession plans for the CEO role include an equal number of successful female leaders (including women of color) as men with demonstrated operating success
WBC asks:

Could women constitute 10% of Fortune 500 CEOs by 2025?