Regal Entertainment Group CEO Amy Miles remains the only female chief executive of a Tennessee-based public company, according to an annual report by Lipscomb University and Nashville CABLE, a diverse network of professionals.
The report “shows little progress toward gender diversity” in corporate boardrooms across the state in recent years. Since 2007 when the university researched the issue women have held between 7.9 and 8.3 percent percent of the board positions for Tennessee public companies, the report says.
The “Women in Corporate Leadership” study found that while 47 percent of the Tennessee work force was female in fiscal 2010, women held only 8 percent of the 566 public company board seats. Of the 17 new independent board directors appointed in Tennessee during fiscal 2010, only three were women.
In the spirit of the season, here’s a suggestion for every CEO in the land from Forbes.com contributor Geoff Loftus — be more like Santa Claus.
“Think about it for a minute: Has any CEO ever delivered better for longer than Santa? Had a more satisfied customer base? Had a more motivated workforce? Had a more famous, iconic world headquarters? Been more synonymous with his brand?,” Loftus writes.
Would your business be better off if you were more like Santa? Would your shareholders be happier?
For those of you keeping track, the CEO turnover rate is declining — a sure sign the nation’s top execs expect good things in 2011.
In November, 79 chief executives across the country resigned, retired or stepped aside for other reasons, the second straight month CEO departures declined and 16 percent fewer announced departures than November last year, according to a report by global outplacement firm Challenger, Gray & Christmas.
The declining CEO departure rate is an interesting statistic that could mean any number of things, but to me it says the economic recovery is gaining momentum.