The share of female CEOs running Fortune 500 Europe companies drops to 6.2% [Fortune]
Fresenius Medical Care AG American Depositary Shares (Each representing 1/2 of an Ordinary Share) (FMS)
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Source: Fortune
Enjoy your Wednesday. – Ups and downs. While the share of women running Fortune 500 companies in the U.S. stayed steady at 10.4% over the past year, the Fortune 500's European counterpart has been more challenged. On the second annual Fortune 500 Europe, released today, women run 6.2% of companies, down from 7% last year . That's a loss of four CEO jobs, from a total of 35 to 31, on a list that accounts for 57% of Europe's GDP and 14% of the world's GDP. Not only did women CEOs lose ground when it comes to how many companies they lead—their businesses fell down the list itself by size. The top-ranked woman-led company on the Fortune 500 Europe is still Engie, the French energy business, which claimed that honor last year. But this year Engie falls at No. 31 on the list compared to No. 18 a year ago; the company has said factors including a mild winter reducing demand for heating contributed to a revenue decline. Engie is followed by Ireland-incorporated Accenture (No. 48, led by
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