Women Business Collaborative Highlights Advancements in 2024 Report
Women Business Collaborative Reports on Women CEOs in 2024
The Women Business Collaborative (WBC) has recently unveiled the 2024 Women CEOs in America Report, which shares a comprehensive view of the progress and ongoing challenges that women face in corporate leadership roles across the United States.
Key Findings from the 2024 Report
In collaboration with notable organizations such as Ascend, C200, and Catalyst, this report highlights significant trends and statistics that reflect the state of women's representation in leadership positions within various sectors. The findings indicate a notable rise in women's leadership, especially within the Russell 3000 and private entities, while the Fortune 500 shows little change.
Fortune 500: Steady Representation
Within the Fortune 500 landscape, women hold steady at 10.4%, having increased from 41 to 52 CEOs since 2021. New notable leaders, such as Joanna Geraghty taking the helm at JetBlue, underline significant milestones for women in industries traditionally skewed male.
Russell 3000: Encouraging Growth
The Russell 3000 has observed an upward trend, with 9% of its CEOs being women, a rise from 6.2% during the last three years. This substantial 66% increase reflects a positive shift towards inclusivity and diversity within smaller public companies.
Women Entrepreneurs on the Rise
The report also emphasizes a remarkable surge in women entrepreneurs, showcasing a 41% year-over-year increase in business ownership. Today, there are approximately 13.5 million women-owned businesses across the nation, representing 34% of all small businesses and franchises. This increase is a testament to women’s growing impact on the economy.
Private Companies: An Expanding Horizon
In the realm of private companies valued over $1 billion, there has been an impressive 118% increase in women CEOs from the previous year. Leaders like Deb Liu at Ancestry.com and Beth Ford at Land O' Lakes are paving the way and proving the immense value women bring to high-level corporate roles.
Panel Discussion Featuring Key Leaders
A panel discussion featuring the CEO Report will commence at the WBC's Action for Impact Annual Summit, offering insights from prominent figures in the industry. The event is set for Wednesday and will be moderated by Kevin Cirilli, founder of mtf.tv’s Meet the Future. Participants include Jennifer McCollum from Catalyst, Anna Mok from Ascend, and Gwen K. Young, CEO of Women Business Collaborative.
About Women Business Collaborative
The Women Business Collaborative stands as a crucial network comprising more than 85 women’s business organizations, dedicated to advancing women in business. Their effort seeks to create equitable opportunities for women to thrive in corporate settings.
Frequently Asked Questions
What is the main focus of the 2024 Women CEOs in America Report?
The report analyzes the progress and challenges faced by women in corporate leadership, highlighting changes in representation across various sectors.
How many women are CEOs in Fortune 500 companies?
Currently, there are 52 women CEOs in Fortune 500 companies, which accounts for 10.4% of the total.
What trend is noted among women entrepreneurs in the U.S.?
Women entrepreneurs have increased by 41% year-over-year, owning about 13.5 million businesses in the U.S.
How much have women CEOs increased in private companies valued over $1 billion?
There has been a 118% increase in women CEOs in private companies valued over $1 billion since last year.
Who are some notable speakers at the WBC summit?
Speakers include Kevin Cirilli, Jennifer McCollum, Anna Mok, and Gwen K. Young, all leading figures in women's business advancement.
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