Women CEOs and COOs are on the rise. Leslie Bradshaw, the COO of Guide, calls this the “Sheryl Sandburg Effect,” which is named after Facebook’s COO. No matter what you call it, the point is that women are climbing the corporate ladder, and we’re damn good at it too. In fact, companies with female’s as CEOs make more money. Check it out.
According to Fortune, the performance of female CEOs are better than that of male CEOs, in terms of the stock market.
An analysis from Fortune showed that Fortune 1000 companies with female CEOs record better stock market returns than those with male CEOs. Only 51 of the Fortune 1000 companies are run by women.
Kind of weird considering research shows that women CEOs are more likely to be fired than male CEOs; women tend to be forced out of their positions a third of the time, while men are fired only a quarter of the time. On top of that, there’s still a pay gap between the two sexes, and it seems there will be for a while, if things don’t change.
These women are strong. These women are mothers, wives, and leaders, and hopefully, one day, there will be more just like them.