Women are more likely to sit on multiple boards with our biggest companies, but they're still less powerful than men

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A new study by proxy advisor Ownership Matters has found one in three non-executive directors at Australia's biggest 300 companies are women, but they remain substantially under-represented as chairs and CEOs, and are paid less than their male counterparts.

abc.net.au/news/company-directors-remuneration-pay-boards-asx-shareholders/102832930The faces of corporate Australia's boardrooms are changing, but it remains a man's world when it comes to positions of power and pay.The study found women held a third of all non-executive positions in Australia's biggest 300 companies

Across the 290 companies surveyed, only 33 had boards chaired by women, and only four had both female chairs and chief executives: AMP, Bendigo and Adelaide Bank, Lynas, and Spark New Zealand. There are no all-male boards in the top 100 companies. Women are getting a seat at the boardroom table, but there are few in the highest positions of power.

Mr Perkins and Mr Chronican are both chairs of one of the boards they sit on, while Mr Goyder is the chair of both. Qantas and Woodside. Mr Goyder and Ms Brenner's position as the two highest-paid Qantas board members comes as the airline is under enormous pressure to consider clawing back former CEO Alan Joyce's $22 million payout in the wake of recent scandals and reputational damage.

 

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