There are only 11 female CEOs in ASX 200 companies and 41 of the 200 largest listed companies don’t have any women in positions of executive leadership. These results, from the Chief Executive Women ASX 200 Senior Executive Census 2017, show that more needs to be done to address the business gender gap.
It was also reported in March that there are more large Australian companies run by men name John, Peter or David than run by a woman.
The lack of diversity in large Australian companies does a disservice to shareholders, the business community and Australians in general. The ASX 200 also just had one of its “weakest” reporting seasons in 22 years.
The companies that have more than 40 per cent women in executive leadership:
1. Estia Health 57%
2. G8 Education 56%
3. Tatts Group 55%
4. Viva Energy REIT Trust 50%
5. Sigma Healthcare 50%
6. Commonwealth Bank of Australia 46%
7. Suncorp Group 46%
8. Caltex Australia 43%
9. Perpetual 43%
10. Premier Investments 43%
11. Nine Entertainment Co. Holdings 43%
12. Telstra 42%
13. AMP 42%
Things are improving slowly. In 2008, 46 per cent of ASX 200 companies had no women in executive leadership positions. The number has dropped to 20 per cent. But there is still a long way to go.
Today’s news comes just days after Equal Pay Day, a day to ensure that women’s work is properly valued and that decades of inequity are brought to an end.