The lack of women in senior positions in Britain’s biggest companies is “alarming“despite progress in their presence on boards, according to a study published Monday. Appointments of women to senior positions, such as president or CEO, show a “shakingLack of progress, note in a press release the authors of the report from Cranfield University and EY.
Thus, 91% of women are on the boards of the FTSE 100, which includes the 100 largest valuations on the London Stock Exchange, “non-directors“. Only 18 are presidents and nine are general directors. The situation is the same in the FTSE 250, the second index of the London market. “FTSE companies are increasingly hitting thresholds“while it is very far from the actual goal of”distribute power and influence, which is necessary to achieve true parityin the British business world, notes Alison Kay, partner at EY, quoted in the press release. Companies must no longer simply respect the set thresholds, but introduce “meaningful changes that will help transform their business for the betterMrs. Kay insists.
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The number of women present on the boards of the FTSE 100, on the other hand, has risen in ten years from 12.5% to almost 40%, second only to the French CAC 40 index at 43.80%, according to a study commissioned by the UK government and published last February. The UK markets regulator (FCA) last April stepped up the push for more diversity among listed UK companies, in particular to encourage them to reach the voluntary threshold of 40% women on their boards. Female FTSE 100 directors include Amanda Blanc at Aviva, Alison Rose at Natwest, Emma Walmsley at GSK, Alison Brittain at Whitbread and Liv Garfield at Severn Trent.