'That really hurts': Just 12 women CEOs in Australia's top companies

"That number hurts, that really hurts," said CEW president and National Tiles chairman Sue Morphet.

That 17 companies in the top 200 don't have one woman in their whole workforce good enough to go to senior executive level is nonsense, absolute nonsense.Ms Morphet said a gender balanced team had a 40/40/20 split: 40 per cent men, 40 per cent women and 20 per cent flexible depending on the dynamics within the company.

The 12 women heading up companies in the ASX's top 200 companies are Shemara Wikramanayake of Macquarie Group, Elizabeth Gaines of Fortescue Metals, Susan Lloyd-Hurwitz of Mirvac, Jayne Hrdlicka of The A2 Milk Company, Alison Watkins of Coca-Cola Amatil, Jolie Hodson of Spark New Zealand, Marnie Baker of Bendigo and Adelaide Bank, Jeanne Johns of Incitec Pivot, Katie Page of Harvey Norman, Kate McKenzie of Chorus, Margaret Kennedy of Viva Energy and Amanda Lacaze of Lynas.

CEW identified these roles as being the big decision making jobs which make the money in the company and were a "critical pathway" to the CEO position.The percentage of women in line roles increased by 1 per cent between 2018 and 2019, with 87 per cent of those roles held by men. A spokesperson for Perenti said its new business strategy included a key initiative to deliver on diversity across the company.

The effort, time and sacrifice a person needs to put in over several decades to win a CEO position over strong competition is immense. Maybe women prefer a healthier work/life balance.

Duly noted. Ive withdrawn my investments from ASX listed companies that elect board members solely based in their sex organs. It's wiser to employ someone who is actually competent (with no regard to gender) than to employ someone based on their gender with no competency.

Maybe many prefer to be real mothers.

charliepick It boils down to the most qualified PERSON gets the job. I am all for equality , but everyone needs to stop pushing percentages and focus on who will best run the company and protect jobs.

It all comes down to credentials , if your qualified you’ll get the job, pretty simple maths 😤😤😤😤

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian business managers underperforming their US peers, study findsAustralian business managers' skills are behind those of their American counterparts, potentially hurting sales and profit, work done by the federal Industry Department suggests | swrighteconomy
Source: smh - 🏆 6. / 80 Read more »