Gender equality has been a popular topic with the media, highlighting the gender pay gaps and state-wide taxes on feminine hygiene products. It’s an important topic because almost a century after the equal rights amendment was introduced in 1923, women are still battling gender inequality in everyday life and the workplace.
Things are looking up: taxes on feminine hygiene products are being decreased or dismissed on a state-by-state basis and the gender pay gap is narrowing (although still exists today).
Even though women have increased their presence in higher-paying jobs traditionally dominated by men, there’s still a wide gender disparity in most workplaces. This made us wonder: How do the largest companies in the US fair on gender diversity, particularly among C-suite positions (CEO, CFO, COO, etc.)?
We started by using the Fortune 100 list of the largest US companies by annual revenue, then analysed the gender diversity among C-suite positions by sector. Read on to learn what we discovered…
From our analysis of the largest US companies, we’ve found that 18 of 100 companies had zero female staff members in C-suite positions. Out of the 18 companies among our list, five belong to the energy sector and five belong to the industrial sector, both of which have been historically male-dominated industries.
Interestingly, we can see four large retail companies among our list, and although retail has historically been a female-dominated industry, it doesn’t show among C-suite positions.
Out of a total of 100 companies, only three have a larger number of females in C-suite positions than males. Anthem, IBM and Walt Disney have the largest gender diversity. Anthem has a female CEO, CHO and CAO equalling 75% of their C-suite positions, while just nine companies on our list have a 50% split in C-suite positions.
By splitting each company into its respective sector, we can view which have the most parity among C-suite positions. Unsurprisingly, the sectors with the most gender diversity are typically healthcare and finance related, with technology close behind.
As we’ve previously mentioned, retail is typically dominated by female staff, but at a C-suite level we can see that out of a total of 85 positions, only 16 are held by females among the top US Fortune 100 companies. While the dataset is particularly small, out of 20 C-suite positions in the Transport sector, only three are held by females at a C-suite level.
If you’d like to see the full data from this study, as well as our sources, click here.