Companies With the Most (and Least) Female Leadership
10. Prada Group
> Women in leadership roles: 22% (board), 50% (executive)
> CEO: Patrizio Bertelli and Miuccia Prada Bianchi
> Industry: Apparel
> Notable brands: Prada, Miu Miu, Church’s
> Revenue: $3.74 billion
This iconic Italian luxury fashion company has been swooning fashionistas all over the world for more than 100 years. The company, which sells luxurious items like upscale accessories and luggage, was founded by current CEO Miuccia Prada Bianchi’s grandfather, Mario Prada.. Together with husband Patrizio Bertelli, Prada Bianchi took over the company in the late 1970s. Bertelli’s business plan matched Prada Bianchi’s avant-garde style and has brought much success to the company over the past 40+ years. Prada Bianchi’s influence lead Prada to produce both men and women’s leather goods. Prada Bianchi and CFO Alessandra Cozzani comprise two of the company’s four executive directorships, making Prada’s executive leadership 50% female — one of the largest shares of any large company.
9. Gap, Inc.
> Women in leadership roles: 30% (board), 43% (executive)
> CEO: Art Peck
> Industry: Apparel
> Notable brands: The Gap, Banana Republic, Old Navy
> Revenue: $15.52 billion
Women hold 30% of board positions and 43% of executive positions at Gap, some of the largest shares of any company. In total, women comprise approximately 70% of the apparel retailer’s 135,000-person workforce worldwide. In March 2016, Gap was presented the Catalyst Award, which recognizes corporate initiatives that address the recruitment, development, and advancement of all women. Catalyst honored Gap for its P.A.C.E. program — Personal Advancement & Career Advancement — which provides managerial and life skills to more than 65,000 women throughout 12 countries. Gap was also the first Fortune 500 company to announce that it pays its female and male workers the same wage for the same positions across the globe.
> Women in leadership roles: 33% (board), 42% (executive)
> CEO: Brian Cornell
> Industry: Retail
> Notable brands: Archer Farms, Champion, Cherokee
> Revenue: $69.50 billion
Nearly half of Target’s executive positions are filled by women, as well as 33% of the seats on the discount retailer’s board of directors. Also, according to the U.S. Chamber of Commerce Foundation, Target has recently made efforts to encourage young women to become interested in STEM-related fields. Just a few years ago, the company hosted its second Science and Technology Day at Target’s headquarters, where 150 high school girls showed up and saw demonstrations of how the company utilizes science and technology every day. Additionally, female employees at Target earn over half of all management promotions and nearly 50% of the company’s top salaries.
> Women in leadership roles: 40% (board), 40% (executive)
> CEO: Ivan Menezes
> Industry: Food & beverage
> Notable brands: Smirnoff, Captain Morgan, Bailey’s
> Revenue: $24.26 billion
Women hold 40% of both board and executive leadership positions at alcoholic beverage producer Diageo. Women hold some of the highest ranking positions at Diageo, including CFO Kathryn Mikells, President of Diageo North America Deirdre Mahlan, and General Counsel Siobhan Moriarty — who was also featured on the 2017 Financial Times and HERoes “50 Female Champions of Women in Business” list. In recent years, Diageo has been praised for its use of all-female creative teams and its rebranding of drinks such as Baileys Irish Cream to specifically target female consumers. In June, Diageo and several other companies joined the #Unstereotype Alliance, an initiative led by UN Women which seeks to eliminate gender stereotypes in advertising.
> Women in leadership roles: 47% (board), 33% (executive)
> CEO: Jean-Paul Agon
> Industry: Personal Care
> Notable brands: L’Oreal, Lancôme, Giorgio Armani
> Revenue: $30.51 billion
With 35 well-known brands such as Maybelline and Garnier, all of which sell cosmetics and beauty products, sold in 140 countries, L’Oreal is one of the largest providers of personal care products in the world. The company has a relatively strong female presence across its senior management, with 47% of board seats and 33% of executive positions occupied by women. L’Oreal has has also made recent efforts to cultivate female entrepreneurs both within and outside of its ranks. For example, in 2011 the U.S. division of the company launched the Women in Digital program, which recognizes successful female-founded technology companies and provides them with funding opportunities as well as the chance to pilot a product with L’Oreal USA. Companies that have participated in the program have collectively raised more than $350 million through L’Oreal’s funding network.