Diversity Woman Magazine

FAL 2018

Leadership and Executive Development for women of all races, cultures and backgrounds

Issue link: https://diversitywoman.epubxp.com/i/1037525

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Page 44 of 63

d i v e r s i t y w o m a n . c o m Fa l l 2 0 1 8 D I V E R S I T Y W O M A N 43 F or decades, women's leadership development has been on the table for corporations, think tanks, and government commissions. Sadly, al- though there has been progress, gender parity is a long way off in Cor- porate America. In 2017, Catalyst, arguably the most influen- tial organization in the United States and Can- ada that fosters and fights for women's leader- ship development and advancement, launched an initiative, Catalyst CEO Champions For Change. is initiative takes a new tack; it puts the responsibility, even the onus, on CEOs. Just Catalytic Convertor By bringing in CEOs, Catalyst is leading the charge on increasing women's representation in the upper echelons of management by JACKIE KRENTZMAN "Women make up about 51 percent of the US popu- lation. ey earn 60 percent of all master's degrees and control or influence more than 70 percent of con- sumer spending in the United States. Yet only about 5 percent of CEOs in Corporate America are women and only 26.5 percent of executives in the S&P 500. For women of color, the numbers are even more dis- mal. And in almost 10 years, women in senior roles in the United States increased 1 percent. Just one." — Catalyst CEO Champions For Change Initiative

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