New Female CEO At Fortune 500 Company, Only A Few Hundred More To Go
The business world was abuzz this week with the news that IBM was appointing its first female CEO in company history. Virginia Rometty will begin the new position in January of 2012, after years as the company’s head of global sales.
And with Rometty joining the ranks of the Fortune 500 CEOs, that brings the total number of women up to…
However, we should be lucky that we’ve even got a handful of female CEOs, it appears. According to Talking Points Memo, Rometty won the role in spite of her gender, IBM seems to be implying.
IBM was adamant that the decision wasn’t based at all on Rometty’s gender.
“It’s got zero to do with progressive social policies,” Mr. Palmisano told the Times.
“Given Ginni’s experience running the largest portion of the business by revenue, she was a logical choice,” said Macquarie Securities analyst Brad Zelnick, Reuters reported.
In other words, corporations are arguing that the fact that less than 4 percent of the countries 500 biggest businesses have females at the helm is just because really, there aren’t very many women good enough to lead them.
Allegedly, that mindset is changing. In fact, the number of female CEO’s in all companies increased in just the last year — by .1 percent.
But just think, the tide is turning, right? Maybe by the time my daughter is old enough to go into the corporate world, the Fortune 500 Women CEO list may be all the way up into the 20′s.
photo credit: wikimedia commons