Monday, March 20, 2017

More Women Holding Top Corporate Roles in Canada - HUNT SCANLON

by Dale M. Zupsansky
Originally published: March 15, 2017

Gender diversity at the top of Canadian corporations is coming incrementally, but a tipping point may soon be within sight, according to the 12th annual report from executive search firm Rosenzweig & Company.

Each year, the ‘Rosenzweig Report on Women at the Top Levels of Corporate Canada’ tracks how many women hold the highest executive positions at Canada’s 100 biggest publicly-traded companies. These leaders of industry – CEOs, CFOs and others – are critical when it comes to changing corporate culture and enhancing diversity.

There are now 48 women in these key positions, up from 42 the previous year (a 14.3 percent increase) and more than double the 23 women with those jobs in the first Rosenzweig Report in 2006. Women now hold nine percent of these important jobs, compared to 7.9 percent a year ago, and only 4.6 percent in 2006. “There’s still much room for improvement but this is a positive signal when it comes to gender equality in business and society in general,” said Jay Rosenzweig, managing partner of Rosenzweig & Company.