Executive pay report finds 'disappointing' progress on FTSE 100 board gender diversity

Six FTSE 100 female CEOs earning 32% less than men

Mike Sheen
FTSE 100 firms lacking female CEOs

FTSE 100 firms lacking female CEOs

A scathing report published by the CIPD and the High Pay Centre has found that FTSE 100 companies have failed to improve board diversity in 2018, with just six female CEOs across these firms earning 32% less than their male counterparts.

Despite efforts to improve board diversity, the report said it is "disappointing" to see so few female CEOs and executive directors on the boards of FTSE 100 firms. Diversity Blog: FRC calls for more action on FTSE 100 diversity "Unless we start to see women in senior positions, progress in reducing the size of the gender pay gap will be slow," the report warned. "In addition, research suggests that firms that lack gender diversity are often outperformed by those with more equal numbers of men and women. This ought to be of great concern to business."   Median salaries down b...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Industry

Event Voice: Your Questions Answered by Barings at the Fixed Income Event

clock 23 June 2022 • 2 min read
Kerry Leighton-Bailey, director of shareholder engagement at Lumi

Expecting the unexpected during a turbulent AGM season

Be prepared

Kerry Leighton-Bailey
clock 22 June 2022 • 4 min read
David Kimberley is an investment trusts writer at Kepler & Partners

Opportunity amid madness: Valuations more attractive in wake of panic-driven price drops

Buy opportunities have arisen

David Kimberley
clock 21 June 2022 • 4 min read