Cranfield Scholars Note Increase in Number of Women on FTSE Boards
With just over 12 months left to reach the 25% target set by the Government, the number of women on the FTSE 100 and 250 boards has reached 22.8% and 17.4% respectively, according to the latest progress report from Cranfield School of Management.
Since the Lord Davies report into women on boards was published in March 2011, great progress has been made with the percentage of women on the boards of the FTSE 100 companies increasing by 82% and by 124% on the FTSE 250.
Dr. Ruth Sealy, Visiting Fellow at Cranfield and Lecturer in Organisational Psychology at City University London, co-authored the report. She commented: “What is most encouraging is that, finally, we are seeing the percentage of female Executive Directors starting to rise, after having stagnated at 5-6% for many years. In the FTSE 100, 24 women now hold 8.4% of executive directorships.”
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