Companies seating women directors at all-time high.Korn/Ferry Korn/Ferry International, headquartered in Los Angeles and founded in 1969 by Lester Korn and Richard Ferry, is the world's largest executive search firm with 70 offices in North America, Europe, Asia/Pacific, Latin America, the Middle East and South Africa. International's nineteenth annual board of directors study, based on data provided by chief executive officers from 500 major industrial companies, 500 major service companies and 150 smaller companies, found 60% of the companies surveyed now include women on their boards of directors. This compares with 11% in 1973 (the first year of the study) and 40% 10 years ago. Women also ranked high on the list of ideal board candidates; 84% of the CEOs polled listed women as among the most sought-after Adj. 1. sought-after - being searched for; "the most sought-after item was the silver candelabrum" sought wanted - desired or wished for or sought; "couldn't keep her eyes off the wanted toy"; "a wanted criminal"; "a wanted poster" board members. Only CEOs and chief operating officers Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of other companies ranked higher. An earlier study of women placements found the number of women placed in senior positions tripled from 1981 to 1991. |
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