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National Association for Female Executives Top 50 Companies
By: WA Staff
Posted: May 17th, 2010
According to global business consultancy McKinsey, based on its recent Women Matter studies and reported on the National Association for Female Executives (NAFE) website, “companies with higher numbers of women at senior levels are also companies with better organizational and financial performance.
“The nonprofit [organization] Catalyst documents stronger performance at companies with three or more women on the board. Even Wall Street backs this concept: Stocks of the 12 Fortune 500 companies with women CEOs rose an average of 50 percent in 2009, compared to the benchmark for U.S. stocks, the S&P 500, which rose an average of 25 percent.”
Pretty staggering stuff!
Do we have your attention now? Take a look at the NAFE top 50 companies here.
NAFE continues to report that at the NAFE Top 50, “women fill other key positions that matter: 23 percent of board seats and 26 percent of P&L positions. These numbers outpace the stagnant nationwide numbers: 15 percent of board seats in companies across the country are held by women—with no increase in five years—and 11 percent of P&L jobs are held by women, according to the 2009 Catalyst Census. In addition, women hold only 13 percent of executive officer positions in Fortune 500 companies.”
Take down some notes ladies — these are some tremendous examples to follow.
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