Insights
Russell Reynolds Associates: Equality At The Top - It's Time To Close The Gender Gap
In 2023, strides were made in achieving gender parity, yet the progress fell short. The year witnessed the highest recorded proportion of women CEOs appointed to major indices, reaching 12%—a joint record with 2022.
However, of the individuals assuming leadership roles in global companies, only 22 were women compared to 156 men. Notably, the Euronext 100 and ASX 200 indices led with a 25% representation of women CEOs, while the Hang Seng and FTSE 100 followed closely at 20% and 19%, respectively. Conversely, the DAX 40, CAC 40, Nikkei 225, NIFTY 50, and STI reported no women CEOs appointed in 2023.
Whichever way you look at it, we are a long way from true gender balance at the top. Russell Reynolds Associates' research shows public companies are 81 years from gender parity in CEO appointments.