The fact that women face more hurdles than their male colleagues when striving to reach the C-suite is no secret. Despite a succession of targets for women’s inclusion on boards, only 8% of FTSE 350 CEOs are female.
Most CEOs follow a well-trodden path to the top. The latest BoardEx data found that, during the two decades prior to their appointment, only 1.6% of FTSE 350 chief execs had HR experience and 5% had marketing experience, compared with a quarter that held a role in finance and nearly 29% in operations – functions that, at the executive level, are dominated by men.
Consider then the fact that women make up the majority of executive appointments in HR, marketing and PR and a clearer picture begins to emerge as to why the ranks of FTSE 350 CEOs are still so woefully lacking in women.