Deadline for FTSE 350 companies to announce their goals for female board membership approaches
One of the recommendations of the Davies Review of “Women on boards” is that chairmen of FTSE 350 companies should set out the percentage of women they aim to have on their boards in 2013 and 2015. These “aspirational goals” should be announced by September 2011. The Observer published analysis last week suggesting a sudden increase in female board appointments:
“FTSE 100 firms have appointed 18 women to their boards since 24 February [2011], when Davies told businesses that within four years a quarter of senior bosses should be female. The female board appointments represent 31% of the total made over the period, well over twice the proportion seen in any previous year. Just 18 women were hired to top-level FTSE 100 management positions in the whole of 2010 – 13.3% of total board appointments.”
Moving away from statistics and more interestingly, this New Yorker profile of Sheryl Sandberg, Chief Operating Officer of Facebook, looks at one woman’s approach to business advancement in the very male-dominated atmosphere of Silicon Valley.
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