World
CEOs: The number of female chief execs is rising

CEOs: The number of female chief execs is rising

What’s in a name

Women have long been under-represented in the boardrooms of big business, a phenomenon that led to a New York Times piece in 2015 which revealed that there were more Johns, Jons, or Jonathans running S&P 1500 companies than female-led organizations.

A recent Bloomberg update with similar analysis has revealed some progress, with more female CEOs in the flagship S&P 500 Index than ever before. Indeed, 41 women now lead S&P 500 companies, with execs like Mary Barra heading up GM, Adena Friedman at Nasdaq and Corie Barry at Best Buy.

The total count is up 18 compared to where it was 8 years ago, and it means, for the first time, that the tally of 41 female CEOs finally matches the 23 + 18 CEOs that are called Jon / John or James. Last year, 13% of new CEOs were female, suggesting that the count of 41 is likely to rise — but 50:50 representation seems, at a minimum, decades away.

Go deeper: with the new Bloomberg analysis and a 2018 revision from the Times.

More World

See all World
world

Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

world

John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.