View From the Top

With women occupying only 10 per cent of the C-suite in Canada, it’s far too lonely up there

CHARLOTTE HERROLD

On International Women’s Day, professional services firm Grant Thornton released its 20th annual report on the state of women in senior-ranking positions at mid-market companies around the world. It surveyed 5,000 executives at companies with valuations between US$100 million and US$4 billion. Findings revealed that progress in the promoting of women to leadership roles over the past two decades has been slow at best—and when it comes to the C-suite, frankly, pretty dire. In the past year, the global percentage of CEOs who are women dropped from 28 per cent to 19 per cent. Following a trend noted at the world’s top corporations, many of the women CEOs at these mid-market firms left of their own accord. The reasons cited point to an unsettling truth: Not only is the climb…

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Canadian Business (Digital) - 1 Issue, Spring 2024

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