One industry replaced over half of its CEOs with women in 2019

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'More companies need to ensure women are in the leadership pipeline that feeds the CEO role.' via MarketWatch

Companies in the apparel industry boasted the highest rate of CEO replacements who are women last year, while companies in the government and nonprofit sector had the highest number of women CEO replacements .

At the other end of the spectrum, the tech industry had just 7.6% women CEO replacements , while six industries — cannabis, chemical, engineering, legal, mining and telecommunications — had no CEO replacements in 2019 who were women. A 2016 study of 21,500 eighth graders found that 45% of the girls were proficient at using their skills to solve real-world technology and engineering scenarios, compared with 42% of the boys. By the time they’re teenagers, however, a small share of girls plan to pursue a career in STEM. Girls’ hesitancy to get into these jobs may be due in part to the images of scientists they’re exposed to early on in television and other media.

‘Companies in the apparel industry boasted the highest rate of CEO replacements who are women.’ Still, the number of women replacement CEOs represented a record high from 10 years ago, according to the report. Men replaced women in 131 cases in 2019, while women replaced men in 189 cases.

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One industry replaced over half of its CEOs with women in 2019 — so why did these 6 industries replace all their CEOs with men?Men replaced women in 131 cases in 2019, while women replaced men in 189 cases, according to a new study.
Source: MarketWatch - 🏆 3. / 97 Read more »