London Stock Exchange welcomes Women in Work to close the market
London Stock Exchange today welcomed Women in Work to close the market, heralding Women in Work Week, and launching two new reports.
The glass ceiling is cracking, but it’s far from broken. Only nine FTSE 100 companies are led by women. Of the current FTSE 100, just 23 have appointed a female CEO since Dame Marjorie Scardino became the first, at Pearson in 1997, and 77 have never done so. The Glass Ceiling Tracker explores who broke through, the staying power of women at the top, and why succession planning is central to lasting change.
The WiW Gender Equity Measure (GEM) Report, produced with LinkedIn, finds that 90% of CEO roles at 400 of the UK’s largest employers go to men. Yet 137 companies met all three GEM benchmarks, up 13% on last year, to join the WiW100, including London Stock Exchange Group; 73 are listed on the Exchange.
“Women are getting in, but they’re not getting on. Businesses must look beyond who they hire to who they promote, and who gets into the rooms where decisions are made. We are proud to close the market, signalling the end of a trading day, and a new chapter for women in work.”
Mariella Frostrup
Co-founder, Women in Work
“I am delighted to have hosted Women in Work today. The goal is simple: for women leading our biggest businesses to become entirely unremarkable. That will only happen when talented women are given the opportunity, support and backing to succeed at every stage of their careers.”
Dame Julia Hoggett DBE
CEO, London Stock Exchange plc
Women in Work Week continues with WiW Implementation Forum at LinkedIn on 7th October, and the WiW Summit at Kings Place on 8th October.
Find out more about Women in Work Summit.
