Female directorships shame
THE number of women in the top jobs at Britain's biggest companies has fallen, analysis found.
Cranfield School of Management says the number of female executive directors at FTSE 250 firms fell from 38 to 30 between October and June.
Female executive posts on FTSE 100 boards have flatlined for a fourth year at 9.7 per cent, although women part-time in boardroom roles is at an all-time high of 35.4 per cent.
It is imperative that FTSE 250 companies examine their female talent pipeline
The Female FTSE Board Report 2018 said: “The number of women in executive directorships has dropped from 38 to 30, with a current figure of 6.4%. This is even lower than the 9.7% on FTSE 100 boards. There are only five women holding CEO positions and 19 holding CFO/FD positions.
“If we see FTSE 250 as the pipeline for FTSE 100, then this picture is not encouraging. It is imperative that FTSE 250 companies examine their female talent pipeline, identify the challenges, and commit to improving this woeful situation.”
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Cranfield's Sue Vinnicombe said: "We need to think big and act decisively in order to move the needle.
“FTSE 350 companies need to treat gender diversity as seriously as they treat sales, risk management, and innovation; otherwise nothing will change.”