Women take record number of boardroom seats

 
Alison Carnwath
Margareta Pagano24 March 2014

Women now hold a record number of positions in the boardrooms of Britain’s biggest companies but men still dominate the top jobs.

The equality campaigner and former trade minister Lord Davies is expected to confirm this week that the proportion of women on FTSE 100 boards has edged ahead of last year’s 20.4 per cent and is on track to hit the 25 per cent target set for 2015.

Because most of that rise is down to the appointment of part-time, non-executive directors, Lord Davies is turning his attention to swelling the ranks of high-flying female executives.

His push comes amid evidence that more women are attaining senior roles, with a doubling in the number of females being promoted to chief executive roles over the last three months.

The Movers and Shakers survey from Sapphire Partners, the executive search firm, shows that 11 women were made chief executive of private, professional and public companies over the last three months, compared to four in the previous period.

They include Inga Beale, boss of the Lloyd’s of London insurance market, Stacey Cartwright, head of the retailer Harvey Nichols, and Sonya Leydecker, joint chief executive of the law firm Herbert Smith Freehills.

Sapphire’s managing director, Kate Grussing, said: “There is a strong pipeline of women in senior executive positions coming through to chief executive level. Women looking for role models for their own careers need to look beyond just the FTSE plc chief executive marker; there are many other big jobs which are just as important.”

Sapphire, which has been tracking female appointments for nine years, puts the spotlight on 85 new senior female executive appointments and 54 female new non-executive roles, which is nearly a third of all new non-executive appointments.

As well as a new female chief executive at Severn Trent, from April, there will be two female chairs of FTSE 100 companies, with Susan Kilsby joining Shire in addition to Dame Alison Carnwath at the property group Land Securities.

Lord Davies’s report and the annual Cranfield School of Management women’s survey will be published on Wednesday.

Read More

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in