Women held the top-paying position at 6.7% of corporations in 2007, the same as in the previous year, according a study by Catalyst of the Fortune 500. Women held 15.4% of corporate officer positions in 2007, down slightly from 15.6% the previous year. In 2007, 74 of the companies had no women corporate officers, up from 64 companies the previous year. Women held 14.8% of all board seats in 2007, up slightly from 14.6% the previous year. There was virtually no change in the numbers of companies with zero, one, two and three or more women on their boards, a statement about the study said.
Smart companies realize there is a strong business case for diversity, Ilene H. Lang, president of Catalyst, said in the statement. As prior Catalyst research shows, there is a substantial correlation between corporate financial performance and women's representation in leadership positions.