Women hit the glass ceiling in top companies
New research shows there has been modest progress in gender transformation at executive level, but there is only one woman at the helm of SA’s Top 40 listed companies
CEO positions remain closed for women in SA‚ with the number of female leaders at the country’s top companies remaining the same as it was in 2015‚ new research shows. This is despite SA’s push for gender transformation in senior positions at companies. The report, produced by search firm Jack Hammer, shows that there has been moderate progress in gender transformation at executive level‚ but none whatsoever at CEO level. The research was conducted for its annual publication. It investigates the leadership landscape in SA and in the rest of Africa.
This year‚ research focused on the management makeup of SA’s Top 40 listed companies‚ as well as a random selection of 40 other medium-sized to large organisations with offices in SA (called "the Broad 40"). "It really does appear that the corner office is the final frontier for women in the country‚" said Advaita Naidoo‚ the operations chief of Jack Hammer. What was particularly interesting was the fact that companies did express t...