Cranfield Female FTSE Board Report 2016

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The Female FTSE Board Report 2016

FTSE 100 Companies

3.4.3 Current Trends on FTSE 100 Executive Committees As can be seen from Figure 1 and Table 8, in the 80 companies for whom we obtained data, overall 19.4% (181 of 933) of Executive Committee members are female. This signals a shortage of women in top senior roles. In the long run, this shortage will make it difficult to reach and sustain the target of 33% women on boards set by the government in October 2015. 19.4% Women FIGURE 1. GENDER COMPOSITION OF FTSE 100 EXECUTIVE COMMITTEES

181

752

80.6% Men

The average size of the Executive Committee is 11.6 members, but ranges from 5 to 23. We found a positive significant correlation between size and diversity of Executive Committees, with larger ones tending to be more gender balanced (r=.54, p<.01). We congratulate the 12 companies who have 30% or more women on the Executive Committee, seven of whom have female Executive Directors. Twenty FTSE 100 companies have female EDs and half (10) of these are ranked in the top 20 of the list below. Female leadership does make a positive difference to the likelihood of having more women on the Executive Committee.