Only 8 women CEOs in Israel’s top 100 companies

Female CEOs heavily represented in apparel, textiles, and personnel services industries.

By
March 5, 2014 11:30
1 minute read.
SHARI ARISON

SHARI ARISON. (photo credit: Reuters)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Just eight of Israel’s 100 biggest companies are run by women, according to a BDI-Coface study released Wednesday.

Female representation atop the largest companies, which has doubled in the past year, is actually better than the companies further down the line; the top 300 companies have 19 women CEOs (6.3%) and the top 500 companies have just 27 (5.4%).

Be the first to know - Join our Facebook page.


The numbers are comparable globally. According to Catalyst, at the start of 2014 women were CEOs in 4.6% of the Fortune 500 companies.

Just two of Israel’s top 100 companies’ boards have chairwomen, and the top 500 have a mere 19 (1.8%).

“It’s a badge of shame for the economy, as companies fail to take advantage of all their workers’ potential,” said BDI-Coface co-CEO Tehila Yanai, adding that the result was suboptimal performance.

The study showed that there was no financial advantage in having a male CEO or chairman rather than a female one.

According to Yanai, the situation, though dismal, has been improving. The proportion of male to female employees in the big companies was 60 to 40, still unequal, but better than in previous years.



Women were also more heavily represented in some industries than others.

Among the companies examined, all three of the personnel service companies’ CEOs were women, as were 43% of the textile and apparel companies.

Additionally, 19% of the financial companies were headed by women.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS