Cranfield University & EY Report Shows Fall in Number of Women' in FTSE 250
By: WE Staff | Wednesday, 27 November 2024
Recently, Cranfield University and EY has published a new report stating about a number of females serving at FTSE 250 companies’ executive level roles have fallen with more than a 10th in the past two years.
The analysis of the report shows a rise of Gender diversity within boardrooms. However, a very less number of women are reaching to the top positions. According to the data from the report, a total of 42 women executive directors in 2024 from FTSE 250 boards, indicating a downfall from 47 in 2022. This exemplifies women representing only 12% executives currently across the biggest listed companies of UK.
Cranfield School of Management’s Sue Vinnicombe states, “With the percentage of women in director roles meeting the Women Leaders Review targets, the headlines look great but the persistent reality remains, that the glass ceiling for women in executive level positions is still stubbornly in place. An ‘executive gender paradox’ across FTSE 250 boards has emerged, as the gap between the number of women in NED roles and executive roles grows.”
“Through their own tenacity, drive and experiences some women do make it to the top positions, but once they get to the c-suite they often find themselves unsupported and in a male dominated environment,” she added.