WALL STREET’S glass ceiling broke at last on March 1st, as Jane Fraser organized Citigroup, becoming the first lady to head a big American bank. That splitting noise has actually also been echoing throughout the rest of America Inc. In 2015 Carol Tomé ended up being manager of UPS, a package-delivery giant. In January Rosalind Maker became just the 3rd black woman ever to run a Fortune 500 business (Walgreens Boots Alliance, a drug store chain). A month later on Thasunda Brown Duckett was picked to run TIAA, a big pension fund.
America ranks below the average for the OECD club of industrialised nations in The Economic expert’s annual glass-ceiling index of female empowerment, owing to poor marks on adult leave and political representation. It has a high share of females in management (41%) and on business boards (28%). In both cases America surpasses egalitarian Germany, which in January enacted a quota for female board members (and where …
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