Women's representation in business leadership sees little progress

Kelly Schmitt, one of Canada’s few female chief executives, does not mince words when asked what she thinks about the latest round of data showing 66 per cent of publicly traded companies in Alberta have one or more women in executive officer positions.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Some progress has been made. The 2022 numbers, released by the Canadian Securities Administrators last month, show that 24 per cent of corporate board seats in Canada are occupied by women, up from 11 per cent when “comply or explain” requirements began. “My personal opinion is getting the board’s composition diverse is actually the easy part,” said Schmitt, who is one of five female members of Benevity’s nine-person executive team. “Getting more women in the C-suite is harder.”

Women leaders are also more likely to report that personal characteristics, such as their gender or being a parent, have played a role in them being denied or passed over for a raise or promotion, according to McKinsey.

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