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– Path to the highest. On their solution to top-tier CEO positions, girls usually take an additional step, based on a new analysis by the Eos Basis.
Throughout the S&P 500, girls CEOs have been 32% extra more likely to spend time in a job as president earlier than being named chief government. Citi chief Jane Fraser, Clorox CEO Linda Rendle, ADP chief Maria Black, and Otis chief Judith Marks are only a few of the ladies who made stops as presidents on their solution to the very high.
Males, extra usually, skipped that step and went straight from main a enterprise unit to turning into CEO. Twenty-nine p.c of male CEOs went from a enterprise division job, whereas solely 23% of feminine CEOs did (Accenture CEO Julie Sweet and Expedia CEO Ariane Gorin are two amongst them).
Seventeen p.c of males went from COO to CEO whereas solely 8% of girls did (like AMD chief Lisa Su). CFO is one function that has confirmed to be a stable launching pad for girls—10% of feminine CEOs have been CFO immediately beforehand (like Finest Purchase CEO Corie Barry), whereas solely 6% of male CEOs have been.
The additional step girls are taking up the best way to CEO “means that they usually have to go additional to show they’re prepared for the highest job” says Eos Basis president Andrea Silbert. “One chance is that some company boards or CEO hiring committees understand girls as carrying extra threat and due to this fact need to see them function presidents earlier than contemplating them for the CEO function,” she provides.
This evaluation of the pathways girls take to CEO additionally sheds some mild on why girls are less likely to put themselves forward for jobs with out feeling absolutely certified. “Girls may very well be performing rationally,” Silbert says, “as a result of in apply, they do have to be extra certified to advance.”
Emma Hinchliffe
emma.hinchliffe@fortune.com
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This story was initially featured on Fortune.com