Despite good progress in recent years, there still exists a stark gender divide at the top of UK businesses. Following pressure from the Government, the proportion of boardroom roles doubled between 2010 and 2015. About 26% of FTSE 100 boardroom roles are now occupied by women, up from 12.5%, but most are in non-executive and part-time director positions.
The most striking statistic however is that more men called John run FTSE 100 companies than women. 17 men named John are CEOs or chairs, compared to seven women.
In 2016, Nicky Morgan, the women and equalities minister expressed concern that efforts to appoint more women to top business jobs had slowed considerably. Less than a quarter of FTSE 100 boardroom recruits in the six months to March 2016 were women, the lowest level since 2011. Theresa May’s Corporate Governance Reform Green Paper represents a new opportunity to place gender back on the corporate agenda and continue the good work begun at the beginning of this decade.
A panel of expert speakers, including Fiona Hathorn, Managing Director of Women on Boards, will discuss the various challenges as well as potential solutions at 11:15 on day two of ICSA’s Annual Conference.
We are looking forward to welcoming members and non-members to the 2018 Annual Conference. Book your early bird tickets today.