Just 20% of Fortune 500 Boards Are Women But Not at This Company

Just 20% of Fortune 500 Boards Are Women But Not at This Company Getting more women promoted into top leadership roles is on the short list of many companies these days. And yet, intention doesnt always materialize into action.According to onereport, conducted by executive search firm Heidrick Struggles and released earlier this year, the number of female leaders at the top of the corporate chain could be shrinking in some cases. That report found that the number of female directors appointed to Fortune 500 motherboard seats actuallydeclinedbetween 2016 and 2017, and anotherstudypublished by Deloitte this year determined that women still hold just 20% of Fortune 500 board seats.Despite this gap,United Technologies Corporation(UTC)is determined to lead by example. Recently, the international aerospace and commercial building companynamed Harvards Dr. Meghan OSullivan to its board of directors. Dr. OSullivan is the fourth female director on UTCs 13-member board, and thats something h er fellow board members are delighted about, UTC Chairman and CEO Greg Hayes said.UTC Is Hiring Browse Opportunities.Meghans strong background in public policy and global issues will be extremely valuable to us as we continue to execute our strategies to deliver customer and shareholder value, Hayes said.Dr. OSullivan, who serves as Harvards Jeane Kirkpatrick Professor of the Practice of International Affairs and Director of the Geopolitics of Energy Project, helps affirm UTCs commitment to gender parity, on its board and beyond. Earlier this year, the Fortune 50 company joined the Paradigm for Parity coalition to pledge that women will fill 30% of leadership roles by 2020. UTC took things a step further, though, and announced it aims to have women in a full 50% of these roles by 2030.This commitment extends to all levels of corporate leadership, as well and weve already seen it honored in the appointment of Judy Marks as President of Otis, the worlds largest manufacturer of elevat ors and escalators, and a UTC company.Im excited to join the Otis Elevator Co. family and lead a diverse team of talented people who know our industry and markets inside and out, Marks said when announcing her new position onLinkedIn.For his part, Hayes called Marks an innovator and accomplished global leader and added that her proven record of driving strategic growth will help the company continue to innovate in the digital age.Its clear that getting more women at the companys helm is a true priority, something that the women leaving free, anonymousjob reviews on Fairygodbosssay is reflective of UTCs commitment to promoting a culture of equality.UTC is committed to achieving equal gender representation in leadership positions across the company (and) they are pursuing this goal in real, tangible ways, one woman wrote. Another applauded the way senior leadership is laser-focused on diversity and inclusion.Want to get in at a company thats truly walking the walk when it comes to pro moting women? Check out theiropen positions theres tons of em--Fairygodboss is proud to partner with UTC. Find a job there today