Monthly Career Development Newsletter For Connecticut CPCU MembersNovember 2008
Gender, as in Female, in the Executive Suite
If you wonder what role gender (specifically female gender) plays in business leadership positions across multiple industries, ZoomInfo’s InSite Report, 2nd Edition, is an informative read. It takes a high-level look at executives by gender across 13 industries – aerospace, automotive, construction, finance, healthcare, insurance, law and legal, manufacturing, non-profit, pharmaceutical, real estate, semiconductor, and software.
The report focuses on three positions, chief financial officers (CFOs), chief technical officers (CTOs) and Chief Marketing Officers (CMOs) in these industries.
Not surprisingly, women have quite a ways to go in finding a seat at the C-level table. Looking at the ZoomInfo report’s total numbers, the one area in which women are remotely equal is in the CFO role, where 40.67% of that sample is female. Only 24.34% of CMOs reporting are female, and technology lags well behind at a bare 7.84% of women.
Analyzing the CFO universe in some detail:
- As a percentage, women demonstrate the most significant numbers as CFOs in the law firms & legal services, non-profit, and construction industries, representing 30.9%, 30.9% and 22.7% of the CFOs profiled respectively.
- In the remaining 10 industries, women represent less than 23% of the CFOs, and less than 15% in four industries, including the manufacturing, semiconductor, aerospace and pharmaceutical industries.
- While law firms & legal services have the highest percentage of female CFOs, cumulatively it has the least.
- Cumulatively, finance has the most significant number of female CFOs, however, that number only makes up 21% of all the CFOs profiled in that industry.
- Out of the 13 industries profiled, manufacturing has the highest number of male and female CFO titles combined, yet only 11.3% of them are women.
More information is available at http://www.zoominfo.com/about/m/white-papers/ZoomInfo_InSite_Report_August08.pdf
This newsletter is sent to you courtesy of Travelers.
Please send an email to Lisa Simonetti at Travelers (LSimonet@Travelers.com) with any questions on this article or if you are interested in positions at Travelers.
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