ON Partners Report Reveals 56% Growth Year-Over-Year for Female Executives in Senior Finance, Tech, Product, and Supply Chain Appointed Roles
ON Partners celebrates Women’s History Month with 2023 Executive Women Impact Report
This month, ON Partners, a pure-play retained executive search firm building diverse C-level and board leadership teams, published its 2023 Executive Women Impact Report. The report revealed a 56% growth of female executives year-over-year in senior finance, tech, product, and supply chain appointed roles in addition to growth in other industry sectors. An analysis of executive searches completed from 2020-2022 by ON Partners also resulted in a 7.1% increase in average compensation for executive women.
The 2023 Executive Women Impact Report illustrates positive progress for women leaders and comes just as Gen X women (those born from 1965 to 1980) are exiting their C-suite roles. These departures have the potential to create new challenges that can impact the journey of the next generation of career women into future executive leadership roles. In a country where 46.6% of the workforce is female, this also creates the opportunity for executive search firms like ON Partners to find and recruit female talent to prominent roles within numerous industries.
According to a Bloomberg report, the number of women leading companies in the S&P 500 climbed 32% in the past year, but only 29.2% of chief executives were women in 2022. A Labor Department report showed that this number has barely budged since 2020 when it was 29.3%. In addition, women make up 40.5% of all management occupations, which also is down from 2021’s 40.9%.
To learn more about ON’s approach and how the firm has rebuilt the institution of executive search for women leadership, visit https://onpartners.com/
About ON Partners
Established in 2006, ON Partners is the only pure-play executive search firm building diverse C-level and board leadership teams. We rebuilt the institution of executive search in the way you work, with an approach that includes present partners who engage with clients from the first brief to the final decision, individually crafted solutions unique to each client, and an easier experience overall. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 List nine times, ON Partners is consistently ranked among the top 20 retained executive search firms in the U.S.
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