A new study of women in corporate leadership in Tennessee shows that gender equity remains elusive in the board rooms of the state’s publicly traded companies.
Among many interesting findings, the study, “Women in Corporate Leadership: 2010 Census,” found that in 2009 only 8.3 percent of director positions in Tennessee’s public companies are held by women. The state labor force is about 48 percent female.
However, a handful of East Tennessee companies offered bright spots for gender equity advocates, the study found.
Knoxville-based movie theater operator Regal Entertainment Group was singled-out as the only publicly traded company in the state with a woman CEO.
Amy E. Miles was named CEO and Director in June 2009. “
“Before that time, there was not one woman CEO at even a single public Tennessee company,” the study says.
Also, Maryville-based restaurant operator Ruby Tuesday Inc. and Morristown-based Jefferson Bancshares were among the few publicly traded companies with at least two women officers.
Severville based Mountain National Bancshares and Chattanooga-based insurance company Unum Group were among the companies with at least two women directors.
The study was done by Lipscomb University business students and sponsored by CABLE, a Tennessee “network of diverse professionals committed to connecting women and opportunity,” according to its website.
Photo: Regal Entertainment CEO Amy Miles at Pinnacle 18 Theater in Knoxville. (Michael Patrick/ Knoxville News Sentinel)