Women outnumber men as chief human resources officers at almost 60% of the 100 largest U.S. companies by revenue, new data from Russell Reynolds Associates shows. And last year, women represented more than 50% of new HR executives.
But, the CHRO is the one C-Suite position that does not create a pathway to CEO. Treasurer and general counsel, other roles where women have advanced, also have not been seen as avenues for the CEO position.
There were only seven women CEOs at the top 100 U.S. companies by revenue. Of the 10 firms that picked new CEOs last year, only one selected a woman.