Women’s Power Gap: Massachusetts research.
“1. Women’s representation among top executives has increased, yet the pace remains far too slow.
Women have made progress in all categories since our 2020 report. As per Figure 1, the percentage of women CEOs increased from 4% to 8%, and of the six women CEOs, three are women of color — one Black and two Asian (no Hispanic women). Among the NEOs, a category that includes the CEO, the CFO, and the three next most highly paid executives, women’s overall representation increased from
10% to 16% since our first study, and women of color from 1% to 4%. On another positive note,
46 companies, more than 60%, have at least one woman NEO. Achieving gender parity among NEOs is a key to narrowing persistent gender pay gaps. Among the executive leadership teams, the number of women rose from 25% to 29% with women of color increasing from 3% to 5%.
Why are there so few women in Executive roles? This research into #Massachusetts companies gives some good insights.”