Companies recognize that diverse executive teams drive more innovation and better business outcomes, and in acknowledgment of that have been investing more in Inclusion and Diversity (I&D) initiatives.
Yet despite efforts to achieve C-suite gender diversity, diverse representation in senior leadership positions remains elusive: Only one in four executive leaders is female; across the top 3,000 companies in the United States, just 12 percent of profit-and-loss-focused roles such as chief operating officer or head of sales are filled by women; and fewer than six percent of these 3,000 companies are led by a female CEO.
