Men and Women Working Together for Real Change
Total Page:16
File Type:pdf, Size:1020Kb
Men and women working together for real change June 2017 30% Club . The 30% Club is a global campaign that signs up Chairs and CEOs to take action to create a better balance of men and women at all levels of their organisations as a business imperative rather than a ‘women’s issue’. The Club launched in the UK in 2010 with a target of a minimum of 30% women on FTSE-100 boards by 2015. There are 215 members of the UK Club and the proportion of female FTSE-100 directors has risen from 12.5% to 27%*. As of 2016 the scope of the above target was extended to a minimum of 30% women on FTSE-350 boards by end 2020 (currently at 23.5%*) . In tandem with the above – and in order to ensure that this 30% remains sustainable – we have also established a pipeline target of a minimum of 30% women at senior management level of FTSE-100 companies by 2020 (currently 19.4% at Executive Committee level**). The 30% Club is becoming an international community. It complements and amplifies individual company efforts and existing initiatives through collaboration, sharing of best practice, measurable goals and joined-up actions. The 30% Club does not believe in mandatory quotas. Instead, the 30% Club is aiming for meaningful, sustainable, business- led change, as recommended by the Davies and Hampton-Alexander Reviews. Scarce representation of women at senior levels is a global phenomenon. Local 30% Clubs have been launched in the US, Hong Kong, Ireland, Southern Africa, Australia, Malaysia, Canada, Italy, the GCC and Turkey. Business leadership: the catalyst for accelerating real change Sources: *BoardEx, April 2017 1 **The Female FTSE Board Report, June 2016 Women on Boards: a breakthrough 30.0 27.0 FTSE 100: % women directors 25.0 25.0 1999-2016 23.0 19.3 20.0 17.4 15.0 15.0 12.6 11.7 12.2 9.4 10.0 6.9 5.0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 An epiphany over the past 5 years in the UK: now seen as a business issue not a women’s issue FTSE 100 FTSE 250 . 39 companies have already reached 30%* . 48 companies have already reached 30%* . 32% women NEDs – focus now on exec roles at 10.2%** . 26.9% women NEDs – focus now on exec roles at 6.4%** . 1 all-male boards* . 10 all-male boards, down from 131 in 2010* Sources: *BoardEx, April 2017 2 **Boards Forum BoardWatch Women on Executive Committees FTSE 100 . 12 companies have already reached 30% . 20 companies have female Executive Directors . Women more likely to hold functional rather than operational and C-suite roles Source: The Female FTSE Board Report, June 2016 3 30% Club UK Members FTSE-100 Sir Michael Rake, Chair, BT Group/ Worldpay Group John Allan, Chair, Barratt Developments/ Tesco/ London First Carl-Henric Svanberg, Chair, BP/ AB Volvo Richard Baker, Chair, Whitbread* Robert Swannell, Chair, Marks & Spencer*/ UKGI* John Barton, Chair, EasyJet/ Next* Sidney Taurel, Chair, Pearson* Donald Brydon, Chair, Sage/ London Stock Exchange David Tyler, Chair, Hammerson/ Sainsbury’s* Dame Alison Carnwath, Chair, Land Securities* Mark Wilson, CEO, Aviva Sir Roger Carr, Chair, BAE Systems Ian Davis, Chair, Rolls Royce FTSE-250 Andrew Duff, Chair, Severn Trent* Dame Helen Alexander, Chair, UBM* Douglas Flint, Chair, HSBC Holdings* Charles Berry, Chair, Senior/ Weir Anita Frew, Chair, Croda International Allan Cook, Chair, WS Atkins* Sir Peter Gershon, Chair, National Grid* Geoff Cooper, Chair, Card Factory*/ AO World / Bourne Leisure/ Truth Corps John Gildersleeve, Chair, British Land Andrew Duff, Chair, Elementis Moya Greene, CEO, Royal Mail Group * Sir Charles Dunstone, Chair, TalkTalk Sir Gerry Grimstone, Chair, Standard Life Ian Durant, Chair, Greggs*/ Capital & Counties Properties Sir Philip Hampton, Chair, GlaxoSmithKline* Sir Peter Gershon, Chair, Tate & Lyle Rick Haythornthwaite, Chair, Centrica Andrew Higginson, Chair, N Brown* Andrew Higginson, Chair, WM Morrisons Stephen Koseff, CEO, Investec Susan Saltzbart Kilsby, Chair, Shire* Paul Lester, Chair, John Laing Infrastucture Fund/ Essentra/ Forterra/ Knight Square Holdings/ Signia John McFarlane, Chair, Barclays*/ TheCityUK Wealth/ Parabis Group/ Sir Adrian Montague, Chair, Aviva Group Greg Lock, Chair, Computacenter Jack Nasser, BHP Billiton Frank Meysman, Chair, Thomas Cook Group* Patrick O’Sullivan, Chair, Old Mutual* Glen Moreno, Chair, Virgin Money* Sir John Parker, Chair, Anglo American Sir John Parker, Chair, Pennon Group* Sir John Peace, Chair, Burberry* Preben Prebensen, CEO, Close Brothers Group* Sir Ian Powell, Chair, Capita Sir Nigel Rudd, Chair, BBA Aviation/ Meggitt/ Business Growth Fund/ Sappi * 30% or more women on board 4 Source: BoardEx, 14 October 2016 30% Club UK Members (ctd) PROFESSIONAL SERVICES Lisa Mayhew, Managing Partner, Berwin Leighton Paisner John Amaechi, CEO, Amaechi Performance Systems Mike McTighe, Chair, WYG plc Ian Anderson, Executive Director, Iceni Projects Carlos Miranda, CEO, I.G. Advisors Nicolas Aubert, CEO, Willis Towers Watson GB Steve Mitchener, CEO, NTT DATA UK John Banister, CEO, Wiggin Ann Olivarius, Senior Partner, McAllister Olivarius Antonia Belcher, Senior partner, MHBC Chris Osborne, Co-Chair, Europe, Middle East and Africa, FTI Consulting Ray Berg, Managing Partner, Osborne Clarke Nick Owen, Chair, Deloitte UK Mark Bomer, Senior Partner, BDO Stephen Parish, Global Vice Chair; Chair, Europe, Middle East and Asia, Norton Rose Fulbright Marcus Bowman, Managing Partner, Holman Fenwick Willan LLP David Patient, Managing Partner, Travers Smith Edward Braham, Senior Partner, Freshfields Bruckhaus Deringer Paul Smith, Chair, Eversheds Clare Butler, Global Managing Director, Laurence Simons Alexander Y. Thomas, Global Managing Partner, Reed Smith Alex Chadwick, Managing Partner, Baker & Mackenzie Ben Tidswell, Chair, Ashurst Michael Chissick, Managing Partner, FieldFisher Steve Varley, Chair and UK&I Managing Partner, EY Emma Cleveland, Managing Director, Cleveland & Co. Associates Penelope Warne, Senior Partner and Chair of the UK Board, CMS Cameron McKenna Jeremy Cohen, CEO UKMEA, Dentons Simon Collins, Chair and Senior Partner, KPMG UK FINANCIAL SERVICES Steve Cooke, Senior Partner, Slaughter and May Martin Armstrong, Chair, Armstrong Executive Search Ltd David Cruickshank, Chair, Deloitte Global Mark Austen, Chair LV= Asset Management Fiona Dunsire, UK Market Leader and CEO, Mercer UK James Bardrick, Citi Country Officer, UK, Citi Robert Elliott, Senior Partner, Linklaters Sir Brian Bender, London Metal Exchange Richard Foley, Senior Partner, Pinsent Masons Andrea Blackman, Managing Director, Moody’s Analytics UK Michael Francies, Managing Partner, Weil, Gotshal & Manges Ana Botín, Chair, Santander Charlie Geffen, Chair of the London Corporate Practice Gibson, Dunn & Crutcher Roger Cobley, Chair, Stamford Associates Christine Hodgson, Chair, CapGemini /The Careers & Enterprise Company Michael Cole-Fontayn, Chair, BNY Mellon EMEA David Hudd, Deputy CEO, Hogan Lovells Noreen Doyle, Chair, Credit Suisse International, BBA, Newmont Mining Matthew Layton, Managing Partner, Clifford Chance Kevin Ellis, Chair & Senior Partner, PricewaterhouseCoopers 5 30% Club UK Members (ctd) FINANCIAL SERVICES CONTINUED Jeremy Mobbs, CEO, Wilton & Bain Sian Fisher, CEO, Chartered Insurance Institute Sharon Mullen, Founding Director, Mullwood Partnership Karin Forseke, Chair, Sisters Capital Nina Alag Suri, Founder and Chief Entrepreneur, Nastrac Euan Fraser, Global CEO, Alpha Financial Markets Consulting Owen Thomas, Principal, DGJ Search Hans Georgeson, Managing Director, Architas Alice Weightman, Founder & CEO, Hanson Search Richard Gnodde, Co-CEO, Goldman Sachs International John Heaps, Chair, Yorkshire Building Society COMMUNICATIONS/ MEDIA Lady Barbara Judge, Chair Institute of Directors / Pension Protection Fund Susan Gilchrist, CEO, Brunswick Group Rich Laxer, President and CEO, GE Capital International Debbie Klein, CEO, Engine Europe and Asia Julie Meyer, Chair and CEO, Ariadne Capital Hugh Morrison, Founding Partner, Montfort Communications Helena Morrissey, Chair, The Investment Association Sir Alan Parker, Chair, Brunswick Group John Nelson, Chair, Lloyd’s of London Clare Parsons, Chair, Lansons Sir Simon Robertson, Founder, Simon Robertson Associates CORPORATE Baron David de Rothschild, formerly Rothschild Stuart Chambers, Chair, ARM Holdings/ Rexam William Rucker, Chair, Crest Nicholson / CEO Lazard UK Robert Gillespie, Chair The Boat Race Company Mitesh Sheth, CEO, Redington Ltd. Peter Hickson, Chair, Communisis Andrew Sibbald, Senior MD, Vice Chair and CEO of Europe, Evercore Brent Hoberman, Chair, mydeco.com / made.com Paul Smith, President and CEO, CFA Institute Sir George Iacobescu, Chair and CEO, Canary Wharf Group Sir David Walker, Chair, Winton Capital Group Dame Fiona Kendrick, Chair & CEO, Nestlé UK & I Bob Wigley, Chair, Tantalum Corporation Tessa Laws, Chair, Bagir Group Limited Roger Yates, Chair, Pioneer Investments Lord Leitch, Chair, Bupa, Intrinsic Financial Services and FNZ Charlie Mayfield, Chair, John Lewis and UK Commission for Employment & Skills RECRUITMENT/ EXECUTIVE SEARCH Ahmed Mazhari, SVP, Genpact Chris Cooke, CEO, NP Group Andrew Morrison, President, Large Enterprise Europe, Xerox UK Limited Karen B. Greenbaum, President and CEO, AESC James Muir, Volkswagen UK Brian Hamill, Chair, Redgrave Partners Peter Norris, Chair, Virgin Group Holdings James Haspel, Managing Partner, J. D. Haspel 6 30% Club UK Members (ctd) CORPORATE CONTINUED Professor Patrick Johnston, President and V-C, Queen’s University Belfast Alex Ricard,