Washington, November 15, 2022 /PRNewswire/ — The Women’s Business Partnership (WBC) released the first U.S. Women in Business Technology Executives Report In partnership with key sponsor Deloitte and 12 other firms, research on the role of women technology leaders in C-level executives across industries. At Fortune 500 companies, women hold 24% of Tech C-Suite positions and 8.7% of tech CEOs. The position with the highest percentage of women is chief information officer (CIO), of which 27% are women.
U.S. Women in Business Technology Executives Report
WBC analyzed executive leadership at more than 5,000 companies, specifically compiling data for 12 technology-focused C-Suite positions. These positions include Chief Information Officer; Chief Security Officer; Chief Information Security Officer; Chief Technology Officer; Chief Data Scientist; Chief Data Officer; Chief Data Analytics Officer; Chief Analytics Officer; Chief Data Science Officer; Chief Digital Officer; Chief Digital Information Officer and tech CEOs.
Women hold the most positions in the Fortune 500, S&P 500 and Russell 3000.Women’s advancement in private companies lags as women only make up 11.4% of private company tech C-Suite jobs, more than $1 billion in income.
It is critical for companies to have technology leaders and diversity leaders in the C-Suite, and to create pathways that help ensure equity in technology leadership. “This report is important because it is the first to analyze roles and information across 12 positions across industries to determine who is leading these key leadership positions and what the path to leadership is,” said Eddie Fraser, CEO, WBC. “We are excited to partner with major corporate sponsors, organizations committed to ensuring technologically diverse leadership, and leading academic institutions to prepare the next generation of leaders.”
“In order to promote equity, you need to disaggregate and drill down into the data to really understand where the gaps are and get to the root causes — the systemic causes of inequality,” said Janet Forty, Executive Chairman of Deloitte U.S. Board of Directors. “Despite little progress, there are still too few women in influential technology leadership roles, let alone thriving in leadership roles. This WBC report reveals the vital data needed to get to the heart of the problem – women Where there are opportunities and gaps and thrive in technology leadership roles.”
Deloitte is the lead sponsor of the report. A further 12 companies contributed to this report, including: ASGN, Bank of America, Capital One, Cigna, Cielo Staffing, Diligent, Diversified Search Group, IBM, NetApp, Sanofi, Verizon, and Wells Fargo. In addition, WBC has partnered with the Digital Director Network, Stanford Women Ph.D. in Data Science and more than 10 Women in Tech Initiative partner organizations, including groups such as the Executive Leadership Council and the WIT Network.
This report covers Fortune 500, S&P 500, Russell 3000 companies and more than $1 billion in income. The report showcases insights from companies that are leading the way in promoting diverse tech talent and interviews women in these roles today. For more information and to download a copy of the report, visit www.wbcollaborative.org.
About Women in Business Partnerships
The Women Business Collaborative (WBC) is an unprecedented coalition of more than 75 women’s business organizations and hundreds of business leaders to achieve equal positions, pay and power for all women in business. Through collaboration, advocacy, action and accountability, we mobilize thousands of diverse professional women and men, business organizations, and public and private companies to accelerate change. The WBC is committed to advancing women’s leadership in technology through its Women in Technology Initiative and Women’s Network Governance Partnership. Click here understand more.
About the Deloitte CIO Program
Deloitte’s CIO program provides technology leaders with trusted personal experience and relevant insights when it matters most. We enable CIOs and technology leaders to deliver business value and keep pace with the latest research and emerging technologies throughout their career lifecycle. Click here understand more.
About Deloitte
Deloitte provides industry-leading audit, advisory, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500 and more than 7,000 private companies.our people come together Bringing greater benefits and work to the entire industry sector that drives and shapes today’s markets – delivering measurable and lasting results, helping to strengthen public trust in our capital markets, and inspiring clients to see challenges as opportunities for transformation and prosperity, And help lead the way towards stronger economies and healthier societies. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets most important to them. Based on over 175 years of service experience, our network of member companies spans more than 150 countries.Find out how Deloitte’s approximately 415,000 employees worldwide www.deloitte.com.
Deloitte means one or more UK private companies limited by guarantee, Deloitte Touche Tohmatsu Limited, its network of member companies and their related entities. DTTL and each of its member companies are legally separate entities. DTTL (also known as “Deloitte Global”) does not provide services to clients.exist U.S.Deloitte means one or more of the U.S. member companies of DTTL whose related entities are located in U.S. and their respective affiliates. Depending on the rules and regulations of public accounting, some services may not be available to certify clients. Please visit www.deloitte.com/about to learn more about our global network of member firms.
Source Women in Business Partnership
