Sir Philip Hampton, Chair of GlaxoSmithKline, and Dame Helen Alexander, Chair of UBM, are heading up a government-backed review of women at the top of British business. There has been great progress increasing the numbers of women on company boards so the focus of their review is on senior women below the board. While some companies are ahead of the game, there is more work to do. There are still 12 FTSE 100 executive committees with no women on them. The review included the following recommendations:
- FTSE 100 companies should aim for a minimum of 33% women’s representation across their Executive Committee and in the Direct Reports to the Executive Committee by 2020.
- FTSE 350 companies should aim for a minimum of 33% women’s representation on their Boards by 2020.
- FTSE 350 companies should voluntarily publish details of the number of women on the Executive Committee and in the Direct Reports to the Executive Committee on an annual basis.
To read the report in full, click here.