It’s the era of ethical business – or so corporations claim. Yet blue-chip CEOs are still overwhelmingly male, pale and disproportionately well paid.
Leading a FTSE 100 company arguably makes you one of the most powerful people in the UK. Most blue-chip bosses make decisions that affect the lives of millions – how much we pay for energy, where our pension pots are invested and even the food we eat each day.
But cast an eye down the list, from Simon Borrows at 3i Group to Mark Read at WPP, and you’ll find that many have a similar profile. Well-educated white men with decades of experience in corporate globetrotting abound, even though the FTSE 100’s constituents range from student accommodation providers to some of the world’s largest oil companies.
Why is this the norm? And is it likely to shift any time soon?
Read the full article that discusses how the profile of CEOs in the FTSE 100 has changed over the years, with an increasing number of female and foreign CEOs taking the helm of major companies in the UK. The article explores the reasons behind this shift, including the impact of diversity initiatives and the growing importance of international experience in business. It also discusses the challenges that these CEOs face, including navigating cultural differences and overcoming stereotypes. Finally, the article highlights the need for continued efforts to promote diversity and inclusion in the UK business world.
