Thursday, November 16, 2006

Women make up less than 10 percent of California executives - Silicon Valley/San Jose Business Journal:

Silicon Valley/San Jose Business Journal - November 16, 2006

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Women make up less than 10 percent of California executives
Silicon Valley/San Jose Business Journal - 1:47 PM PST Thursday
by Shana Lynch
Sacramento Business Journal

High-ranking women in California companies are still hard to find, according to a University of California, Davis, study released Thursday. In the state's 400 largest publicly traded businesses, women fill only one out of every 10 top decision-making position.

The study used Standard & Poor's data to determine California's largest companies by net revenue for July 2005 through June 2006. Top executives were determined by each company's annual report and their filings with the Securities and Exchange Commission.

From this information, the study found women hold 10.2 percent of board seats and executive officer positions, which is the same percentage reported last year. And of the 400 companies, 125 of them, or 31 percent, have no female board member or executive officer.

In the full breakdown, women held 349 executive positions out of a total 2,979 and 287 board seats out of a total 3,245.

On a brighter note, the study identified 25 companies with women in more than 25 percent of the director and executive officer roles. Two-thirds of these companies are located in Northern California.

Other findings:

* The largest companies by revenue had three times the percentage of women on company boards
* The retail and financial sectors offered higher numbers of female directors and executives; telecommunications had the lowest number of female directors, and electronics had the lowest number of female executives
* More than 48 percent of companies had no female executives
* Only 11 companies had female CEOs

To see the study and find data by county, visit

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