According to a recent report by Catalyst, 46.9% of the U.S. labor force is female; but only 16.9% of Fortune 500 corporate board seats are held by women and 4.6% of Fortune 500 CEOs are women. This got me thinking about the financial sector and why there are so few… along with wondering who are some of the best. Yes, the number of women serving as chief executives is spectacularly small, and the same is true in the banking industry. Nonetheless, there are a number that standout and what follows in today’s tip sheet are some of them.
Two CEOs at “Big Brands”
Last month, I wrote how the names and logos of institutions over $50Bn — think M&T with some $83Bn in assets, PNC with $305Bn and US Bancorp with $353Bn – are familiar to most. Leading these massive organizations are some tremendously talented individuals; to today’s focus,