|[February 05, 2013]
"NAFE Top 50 Companies for Executive Women" of 2013 Expands Female Leadership to 25%
NEW YORK --(Business Wire)--
The National Association for Female Executives (NAFE)
today named the Top
50 Companies for Executive Women which now make up 25% of corporate
executives up from 22% last year vs. 14% at the Fortune 500. The
companies, which now lead the nation in their commitment to female
leadership, are featured in the February/March issue of Working Mother,
The new report, conducted by the Working Mother Research Institute for
NAFE, also finds that women now occupy 26% of all board of director
seats at the NAFE Top 50 compared with 17% across the Fortune 500.
The Top 10 Companies for 2013 are: Abbott,
AstraZeneca, General Mills, IBM, Johnson & Johnson, KPMG, Marriott
International, Procter & Gamble, Prudential Financial and State
The NAFE Top 50 Companies lead corporate America in recruiting,
retaining andadvancing women. Some findings from this year's research
Women now make up 22% of the profit-and-loss corporate executives, up
from 19% last year.
Female CEO representation at the NAFE Top 50 Companies held steady at
10% vs. 4% for the Fortune 500.
Women make up 26% of the leaders of billion-dollar divisions at the
NAFE Top Companies, up from 23% last year.
The percentage of board seats occupied by women increased this year to
26% (vs 17% across the Fortune 500) after remaining steady for three
Carol Evans, CEO of NAFE and president of Working Mother Media, points
out that "the NAFE Top 50 Companies are major employers committed
to hiring, retaining and promoting executive women diversity at the top
leads to a healthy bottom line. We are proud to honor companies that
in leadership positions."
"This year we see measurable progress for women at companies that have
made their advancement a priority, a smart strategy given the growing
research that correlates greater numbers of women in top positions with
higher revenues," says NAFE President Betty Spence. "For women, these
are the top
companies to work for."
For a complete list of the 2013 NAFE Top 50 Companies for Executive
Women and the Top 10 Nonprofit Companies, click here.
The complete report is published in the February/March issue of Working
Methodology: The 2013 NAFE Top 50 Companies application includes
more than 200 questions on female representation at all levels, but
especially the corporate officer and profit-and-loss leadership ranks.
The application also tracks access and usage of programs and policies
that promote the advancement of women, as well as the training and
accountability of managers in relation to the number of women who
advance. To be considered, companies must have a minimum of two women on
their boards of directors as well as at least 1000 employees in the U.S.
The National Association for Female Executives (NAFE), founded in 1972,
serves 20,000 members nationwide with networking, tools and solutions to
strengthen and grow their careers and businesses. Working
Mother magazine publishes the annual NAFE Top 50 list. NAFE.com
provides up-to-date information, community for women in business and
access to member benefits. NAFE is a division of Working Mother Media,
owned by the Bonnier Corporation.
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