Central Ohio Womens Power Index

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Page 1: Central Ohio Womens Power Index

This work by Julie A. Graber is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License 1

1890 Northwest Blvd., Suite 320

Columbus, Ohio 43212

[email protected]

614.859.9469

WOMEN IN LEADERSHIP ROLES IN CENTRAL OHIO – HISTORICAL DATA

WOMEN ON CORPORATE BOARDS IN CENTRAL OHIO - 2003

The stats on women serving on the boards of publicly-held corporations headquartered in central Ohio are a

classic case of good news - bad news.

• The Good News? The percentage of seats held by women increased from 8.24% in 2002 to 10.23% in 2003 (based on the information available from SEC filings).

• The Bad News? The reason the percentage went up is that the total number of companies and board seats went down - from 48 companies to 40 and from 425 seats to 342.

2004 CORPORATE BOARD DATA 2003 2002 2001

Number of Public Companies headquartered in Greater

Columbus 40 48 52

Number of Seats on Boards of Public Companies

headquartered in Greater Columbus 342 425 457

Number of Seats on Boards of Public Companies in

Greater Columbus Held by Women 35 35 34

Percentage of Seats on Boards of Public Companies in

Greater Columbus Held by Women 10.23% 8.24% 7.44%

Number of Public Companies in Greater Columbus With

No Women on Their Boards 16 21 25

Percentage of Public Companies in Greater Columbus

With No Women on Their Boards 40% 44% 48%

BOARD HONOR ROLE

Companies Where Women Hold 25% or More of Board

Seats Percent

Num-

Total

Num-

Female

Scotts Co. 33% 12 4

Too Inc. 33% 9 3

Limited Brands Inc. 25% 12 3

Wendy's International Inc. 25% 12 3

Page 2: Central Ohio Womens Power Index

This work by Julie A. Graber is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License 2

CENTRAL OHIO WOMEN’S POWER INDEXTM FOR 2003

What It Is • A set of benchmarks that reflect women’s parity with men in 12 leadership categories relating to business

and government for central Ohio – the categories range from participation on the boards of publicly held companies to presence among elected officials.

• The score in each category reflects the ratio of women to men on a ten-point scale. A score of 10 would mean that there are an equal number of women and men in that particular category. According to the 2003 index, for example, there are 6.7 female chief executives of non-profit organizations for every 10 male chief executives in that category.

• The scores are derived from publicly available information, including: Business First; Columbus CEO; City of Columbus, Franklin County and State of Ohio websites; Center for Women’s Business Research; Center for American Women and Politics; and corporate SEC filings

Central Ohio Women’s Power Index – 2003 SCALE OF 10

1 - Chief executives of non-profit organizations 6.7

2 - MBA enrollment 6.3

3 - Chief executives of colleges and universities 5.6

4 - Elected officials 4.4

5 - Business owners 4.1

6 - Chief executives of largest employers 2.0

7 - Chief executives of emerging companies 1.1

8 - Corporate boards of directors 0.9

9 - Highest paid executives 0.6

10 - Chief executives of private companies 0.4

11 - Managing partners of accounting or law firms 0.2

12 - Chief executives of public companies 0.0

Average Score: 2.7

Page 3: Central Ohio Womens Power Index

This work by Julie A. Graber is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License 3

CENTRAL OHIO WOMEN’S POWER INDEXTM FOR 2004

What It Is

• A set of benchmarks that reflect women’s parity with men in 12 leadership categories relating to business and government for central Ohio – the categories range from participation on the boards of publicly held companies to presence among elected officials.

• The score in each category reflects the ratio of women to men on a ten-point scale. A score of 10 would mean that there are an equal number of women and men in that particular category. According to the 2004 index, for example, there are 6.7 female chief executives of non-profit organizations for every 10 male chief executives in that category.

• The scores are derived from publicly available information, including: Business First; City of Columbus, Franklin County and State of Ohio websites; Center for Women’s Business Research; Center for American Women and Politics; and corporate SEC filings

Central Ohio Women’s Power Index – 2004

CEO - Non-Profit Organizations 6.7

MBA Students 6.2

CEO - Colleges and Universities 6.0

Elected Officials 4.3

Business Owners 4.1

CEO - Largest Employers 1.6

Corporate Board Members 1.1

Managing Partners - Accounting & Law Firms 0.9

Highest Paid Executives 0.8

CEO - Emerging Companies 0.6

CEO - Private Companies 0.4

CEO - Public Companies 0.0

OVERALL SCORE 2.7

Couple of Notes • No real change from 2003 – increases in some areas were matched by decreases in others

• Positive Changes:

• Julie Kunkel – first woman to serve as managing partner of a major accounting firm

• Janet Jackson – first woman to serve as the chief executive of the United Way of Central Ohio

• Among Elected Officials:

• Tenth District Court of Appeals – 5 of its 8 members are women

• Domestic Relations and Juvenile Court – 4 of its 5 members are women

• Continued Challenges:

• CEOs of private and public companies

• Highest paid execs – still dominated by retail and still lower than the all-time high of 11 women who were on the list in the year 2000

• Corporate boards – increase is primarily a result of change (decline) in the number of public companies in central Ohio – actual number of seats held by women decreased by one

Page 4: Central Ohio Womens Power Index

This work by Julie A. Graber is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License 4

CENTRAL OHIO WOMEN’S POWER INDEXTM FOR 2007

Central Ohio Women’s Power Index – 2007

Ratio Percent

1 - Chief executives of non-profit organizations 7.9 44%

2 - MBA students 6.8 40%

3 - Business owners 4.6 40%

4 - Elected officials 4.2 30%

5 - Chief executives of colleges and universities 2.6 21%

6 - Highest paid executives 1.6 14%

7 - Chief executives of largest employers 1.6 14%

8 - Executive Officers 1.6 14%

9 - Corporate boards of directors (34 women/328) 1.2 10%

10 - Chief executives of emerging companies 1.1 10%

11 - Managing partners of professional services firms Top 10 for Each 0.5 5%

12 - Chief executives of private companies 0.4 4%

13 - Chief executives of public companies 0.3 3%

The Central Ohio Women’s Power IndexTM was developed by Julie Graber in 2003 in order to track women’s

advancement into the leadership networks of both the public and the private sectors in central Ohio.