London – 21 August 2019:
Women in Mining UK (WIM) welcomes the report on executive remuneration of FTSE100 CEOs published by the Chartered Institute of Personnel and Development and the High Pay Centre – the full report is available Here.
“According to this report, if you are a FTSE100 CEO, you are more likely to be named Steve or Stephen than you are to be female” commented Carole Cable, WIM Chair. “On a more positive note, 42 FTSE100 companies have at least 33% female representation on their boards but most of these positions are non-executive. We need to be concerned about the fact that just 8% of executive board members are women, which is a drop from 10% last year. CEOs and Remuneration Committees have a responsibility to improve the pipeline of female executives through better career development and planning.”