For the first time in nearly two decades, the percentage of women in the C-suite at publicly traded US companies has dropped.
And growth in the percentage of women in senior corporate leadership roles overall barely budged from 2022 to 2023. That’s according to a new report from S&P Global Market Intelligence, which studied gender parity data in regulatory documents and press releases for companies on the S&P Global Total Market Index. “The growth in women’s representation among senior corporate positions, once a bright spot for gender parity, potentially faces an alarming turning point.
” The peak of DEI mentions came in 2020 during the Covid pandemic. But the mentions of “diversity” and “inclusion” in 2023 fell to the lowest levels since 2012. Gender parity goal imperiled None of this is to say that there hasn’t been real progress in narrowing the gender gap since 2005. “Across all roles, women held less than 8% of seats as recently as 2005; versus 22.3% in 2023. Representation among the highly coveted C-suite positions has been harder to gain, jumping only from 6.5% to 11.
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