Bristol-Myers Squibb Named a NAFE Top 50 Company for Executive Women
NAFE Top Companies Lead Nation in Commitment to Female Leadership.
Our company was named today by the National Association for Female Executives (NAFE) as one of the Top 50 Companies for Executive Women for 2013. This year marks the 11th consecutive year that Bristol-Myers Squibb has received this recognition.
“We are proud of this distinction,” says Lamberto Andreotti, chief executive officer. “But more importantly, we are proud of our programs to develop women leaders so they can reach their potential and help drive our company’s success.”
Our company offers several programs to foster the growth and development of women into leadership positions.
At Bristol-Myers Squibb, women represent over 50 percent of the workforce. At the executive level, women represent more than 30 percent; first and mid-level managers, 46 percent and professionals, 52 percent.
The NAFE Top 50 Companies lead corporate America in recruiting, retaining and advancing women. Some findings from this year’s research include:
- Women now make up 22 percent of the profit-and-loss corporate executives, up from 19 percent last year.
- Female CEO representation at the NAFE Top 50 Companies held steady at 10 percent vs. 4 percent for the Fortune 500.
- Women make up 26 percent of the leaders of billion-dollar divisions at the NAFE Top Companies, up from 23 percent last year.
- The percentage of board seats occupied by women increased this year to 26 percent (vs. 17 percent across the Fortune 500) after remaining steady for three years.
Carol Evans, chief executive officer of NAFE and president of Working Mother Media, points out that “the NAFE Top 50 Companies are major employers committed to hiring, retaining and promoting executive women. They know that gender diversity at the top leads to a healthy bottom line. We are proud to honor companies who place women in leadership positions.”
“This year we see measurable progress for women at companies that have made their advancement a priority, a smart strategy given the growing research that correlates greater numbers of women in top positions with higher revenues,” says NAFE President Betty Spence. “For women, these are the top companies to work for.”
NAFE is a division of Working Mother Media. A complete list of the 2013 NAFE Top 50 Companies for Executive Women and the complete report is published on the Working Mother website.