I’m all about helping people, especially women, reach their full potential as authentic leaders – as you’ve probably noticed by now! It’s a subject close to my heart, and when I saw that there are only 14 women chief executives at the helm of the top 200 companies, and 24 women CFOs, it gave me the push to start my brave program and conference for women leaders (to find out more about brave click here at https://leadershiphq.com.au/brave/)
It’s incredible in this day and age that there are 23 companies in the ASX200 without any women as top leaders! This is according to the CEW ASX200 Senior Executive Census from this year. The number has gone down; it was 41 companies last year! But 23 is still an unacceptable number.
The Census doesn’t look at women on company boards (which is another issue I’m incredibly passionate about) so for now we’ll be focusing on chief executive positions and companies that are missing women in those roles.
Have a look at these key stats from this year and last year:
The number of ASX200 female CEOs:
2017 – 11
2018 – 14
The number of ASX200 female CFOs:
2017 – 17
2018 – 24
Number of companies with no female representation in their executive leadership teams:
2017 – 41
2018 – 23
Number of women in the ASX200 executive leadership teams:
2017 – 381
2018 – 430
Number of men in the ASX200 Executive Leadership Teams:
2017 – 1423
2018 – 1428
Shocking, isn’t it?? 1428 men and only 430 women! We still have so far to go in terms of equality, even though we’ve come a long way already.
Here are just some of the companies that don’t have any women in their executive leadership teams (we can help!):
- ARB Corporation Limited
- Evolution Mining
- James Hardie Industries
- JB Hi-Fi
- Pilbara Minerals
- Shopping Centres Australasia Property Group
- Washington H Soul Pattinson & Company
- Whitehaven Coal
That’s just a sample! Isn’t it terrible that so many big companies are missing women at the top?
All companies needing to be focused on placing women into the important line roles, roles that have a direct effect on commercial outcomes, like being the head of a business unit or a COO. 78% of the 23 CEOs appointed this year (up until August) were those who held these sorts of line roles – and 88% of lines roles are held by men, which is hardly surprising.
Companies without women in lines roles have reduced from 63% last year to 59%, and shows the slow change towards equality in top leadership roles. I will continue doing my part to inspire women and give them the tools they need to take charge and ROCK their positions, to get to the leadership roles they deserve!
I’m finishing this blog with a shout out to the 14 female CEOs listed in the ASX200. You ladies ROCK IT! And kudos to your companies for working towards equality in the workforce!
- Mirvac’s Susan Lloyd-Hurwitz
- Fortescue Metals’ Elizabeth Gaines
- REA’s Tracey Fellows
- Harvey Norman’s Katie Page
- The A2 Milk Company’s Jayne Hrdlicka
- Coca-Cola Amatil’s Alison Watkins
- Incitec Pivot’s Jeanne Johns
- Bendigo and Adelaide Bank’s Marnie Baker
- Viva Energy’s Margaret Kennedy
- Chorus’s Kate McKenzie
- Estia Health’s Norah Kathleen Barlow
- Lynas Corporation’s Amanda Lacaze
- Ausdrill’s Theresa Mlikota
- Genworth Mortgage Insurance Australia’s Georgette Nicholas
About the Author Sonia McDonald
Sonia loves to build and develop future CEO’s, Leaders and Entrepreneurs. Sonia McDonald, CEO & Founder of LeadershipHQ; is an Entrepreneur, Thought Leader, Dynamic Keynote Speaker, Leadership Coach and Author of Leadership Attitude and Just Rock It!. Sonia McDonald was recently named in the Top 250 Influential Women across the Globe and Top 100 Australian Entrepreneurs by Richtopia. She is one of Australia’s Leading Leadership Executive Coaches, Advisors and Keynote Speakers. Her passions are coaching, keynote speaking as well as leadership development and advising on boards.She loves to inspire & motivate leaders to think differently, be the best they can be & empower everyone to see themselves as leaders. She is making a difference. Her purpose is to build leadership capability, confidence and leadership attitude across the Globe.
She has over 25 years’ human resource management, leadership and organisational development experience. She has held senior leadership roles in organisational development, learning and development, human resources and talent management fields across the Globe. She is passionate about cutting edge research and consulting in her industry as well as innovative tools and strategies around Leadership, Organisational Development, Neuroscience and Diversity.
Sonia’s expertise in organisational development, learning & development, facilitating, and leadership development makes her an excellent leader to partner with organisations and CEOs to ensure the full potential of their business is achieved through its people.
She is about RESULTS! Sonia has been published in The Australian, HRD Magazine, Business Insider, Business Woman’s Media, Style Magazine, Richtopia and Women in Focus. She is an inspirational and dynamic Leadership and Neuroscience Keynote Speaker. She will engage, educate and change the hearts and minds of your leaders and organizations.
Please contact Sonia here at 1300 719 665 www.soniamcdonald.com.au