The Chicago Network’s 2008 census report, Breaking Away, showed mixed progress for women executives in the greater Chicago area.
The census, which measures the movement of women into executive ranks in Chicago’s 50 largest public companies, showed that the representation of women on boards of directors increased from 14.3% to 15% last year, the highest level on record. The number of female executive officers increased 0.4% to 14.4% after falling for two consecutive years.
On the down side, six companies (up from four) have no female directors, and 16 companies (up from 12) have no female executive officers. The number of companies with no women among top earners also increased from 31% to 36% in 2008, the organization reported.
The census also showed that representation on boards of directors by women of color dropped from 3.5% to 3.1%, while minority executive officers increased from 1.3% to 1.6%.
Read the full report at www.thechicagonetwork.org.