Move over John (and David, Ian, Mark and Andrew)!
Hampton Alexander report: strongest year of progress for women on boards but step-change needed for women in senior leadership roles.
Back in 2015, The Guardian reported that, among chief executives and chairs of FTSE 100 companies, there were 17 men called John (or Jean) - outnumbering all the female bosses put together, while female leaders of FTSE 100 companies were outnumbered by Davids, Ians, Marks or Andrews (or variations of those names) by nearly 5:1. Move forward to November 2019 when the Hampton-Alexander’s fourth annual report on improving gender balance in FTSE leadership, was published on 13 November 2019.
The report is an independent, voluntary and business-led initiative supported by the Government. In 2016 it set five key Recommendations aimed at increasing the number of women in leadership positions of FTSE 350 companies, including a target of 33% by the end of 2020.
The report captures over 23,000 leadership roles in Britain’s largest listed companies. It covers the board and extends down two leadership layers below. It assesses progress, shares best practice and identifies key challenges.
See here for an overview and our view on the report.
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