Appointing more female CEOs and chairs is a challenge that will take longer to surmount in the battle for corporate gender equality, says the Financial Times’ Pilita Clark.
LONDON: What might an insurer, a housebuilder and two water companies have in common in early 21st century Britain?
When their work kicked off in 2011, 152 of the 350 largest companies did not have a single woman on their board. That figure halved within two years and fell to zero by 2020. That should be doable: Most companies already fit the bill. But true equality will mean going further and that’s where things will get tricky.
The measure was widely deemed an annoying yet necessary step. As one female executive memorably told me, there’s a saying in Norwegian that sometimes you have to eat camels. “They may be hairy and they may be dirty, but if you want to get anything done you have to do it.”NOW FOR THE TOP JOBS It found that just four of the 250 biggest listed businesses had a female chief executive and chair: The Admiral insurance group, home builder Taylor Wimpey and the Pennon and Severn Trent water companies. Another four had a female CEO and chief financial officer.
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