Monday, May 29, 2017

Glassbreakers: Getting more women to the top in IR - IR MAGAZINE

by  Garnet Roach
Originally published: May 26, 2017
Publisher: IRmagazine.com 

Globally, two thirds of the top jobs in investor relations are held by men. At FTSE 100 companies, 70 percent of heads of IR are male; among the top 100 firms in the S&P 500, almost four fifths of senior IR positions are occupied by men. In Canada, 70 percent of IR chiefs at S&P/TSX 60 firms are men. And on Germany’s DAX, men run the IR departments at 26 of the country’s 30 largest companies.*

No matter how you split the numbers – globally, regionally or by market cap size – the findings are the same. Despite starting from an almost equal number of men and women working in investor relations overall, the IR Magazine Global IR Practice Report 2016 (published in January 2017) shows that disproportionately more men make it into the top jobs.

These figures might make stark reading for IROs working in what, at first glance around an IR conference, appears to be an industry where the jobs are shared out almost equally. But for those with an active interest, the numbers come as no surprise. In fact, ‘It didn’t surprise me but it does continue to disappoint me’ is the prevailing response.