{"id":36747,"date":"2023-01-29T00:22:45","date_gmt":"2023-01-29T05:22:45","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=36747"},"modified":"2023-01-30T19:01:23","modified_gmt":"2023-01-31T00:01:23","slug":"new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/","title":{"rendered":"New Year, New Glass Heights: Women Now Comprise 10% Of Top U.S. Corporation CEOs"},"content":{"rendered":"<div class=\"landing-links\"><a href=\"\/\">&gt;&gt; Back to February 2023 Issue<\/a><\/div>\n<h5>&#8220;Women&#8217;s Strike For Equality&#8221; a New York City protest march organized by the National Organization for Women in <span class=\"expanded-caption\">celebration of the 50th anniversary of the 19th amendment, for abortion on demand, equality in the workplace and free childcare. (photo by Bob Parent\/Getty Images)<\/span><\/h5>\n<p><span style=\"font-weight: 400;\">New Year&#8217;s Day made good on its promise of new beginnings. January 1 was the start date of five new women helming Fortune 500 companies, bringing the total number of female CEOs to 53. Which means, for the first time\u2014after years of being\u00a0<\/span><a href=\"https:\/\/fortune.com\/2022\/03\/01\/it-is-past-time-for-women-to-lead\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">stuck at the 8% mark<\/span><\/a><span style=\"font-weight: 400;\">\u2014over 10% of Fortune 500 CEOs are women.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s fair to ask (<\/span><a href=\"https:\/\/www.forbes.com\/sites\/lizelting\/2022\/05\/28\/women-at-the-bottom-of-the-list\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">as this very writer has<\/span><\/a><span style=\"font-weight: 400;\">) whether it\u2019s worth celebrating a meager 2% difference, especially when it also makes clear how far we still have to go for equal representation (almost five times where we\u2019re at today). Yet, these victories, however small, do matter. After all, the biggest leaps require innumerable small steps to make them possible. So before rolling up our sleeves and getting back to work, let&#8217;s take a moment to recognize how far we&#8217;ve come by celebrating some of the history-making women who brought us over the 10% line.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Serving as an excellent example of how the promotion pipeline should work for women, all five who began their tenure New Year\u2019s Day were promoted to CEO from within their organizations. Karla Lewis was appointed CEO of Reliance Steel &amp; Aluminum after serving over three decades with the multibillion-dollar metal solutions company. Lewis first joined Reliance in 1992 as corporate controller and has worked her way up the corporate ladder, holding various positions, including CFO<\/span><a href=\"https:\/\/www.forbes.com\/investment-funds\/cfo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CFO<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/investment-funds\/cfo\/\"><span style=\"font-weight: 400;\">+0.1%<\/span><\/a><span style=\"font-weight: 400;\">\u00a0and senior executive vice-president.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another veteran at the company she now leads, Julia Sloat is the seventh and newest CEO of American Electric<\/span><a href=\"https:\/\/www.forbes.com\/companies\/american-electric\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">AEP<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/companies\/american-electric\"><span style=\"font-weight: 400;\">+0.1%<\/span><\/a><span style=\"font-weight: 400;\">\u00a0Power, an Ohio-based company that serves over 5 million customers in 11 states. Sloat joined the company in 1999 as a senior analyst and has since served as CFO and COO. Her tenure comes at a critical time for AEP, as it transitions away from fossil fuels in favor of renewable energy sources.<\/span><\/p>\n<div class=\"visibility-wrapper-970-to-300\">\n<div id=\"div-gpt-ad-1652553476095-0\"><script>\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1652553476095-0'); });\n<\/script><\/div>\n<div id=\"div-gpt-ad-1622053269469-0\" class=\"ad-float-left\"><script>\n    googletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053269469-0'); });\n<\/script><\/div>\n<\/div>\n<p><span style=\"font-weight: 400;\">Also coming from the materials and manufacturing industries, Jennifer A. Parmentier took over as CEO of Parker Hannifin, a century-old motion and control technologies company that engineers solutions for everything from the aerospace industry to wind turbines and solar panels. Parmentier joined the company in 2008 as a plant manager and has served as its COO since 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the most powerful women in fintech, Stephanie Ferris is now the CEO of Fidelity National Information Services (FIS) after officially taking the helm a few weeks earlier than her planned January 1 start date. A 28-year fintech industry veteran and leader in finance, Ferris joined FIS as the CFO of Worldpay<\/span><a href=\"https:\/\/www.forbes.com\/companies\/worldpay\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">WP<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/companies\/worldpay\"><span style=\"font-weight: 400;\">0.0%<\/span><\/a><span style=\"font-weight: 400;\">\u00a0when the payments software firm was acquired by FIS in 2019. She was quickly inducted into FIS leadership roles, including COO and CAO.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another global tech industry leader, Maria Black is the new CEO of Automatic Data Processing<\/span><a href=\"https:\/\/www.forbes.com\/companies\/automatic-data-processing\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ADP<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/companies\/automatic-data-processing\"><span style=\"font-weight: 400;\">-2.1%<\/span><\/a><span style=\"font-weight: 400;\">\u00a0(ADP). Black leads the payroll and HR technology company as its seventh CEO. Yet another longtime company veteran, Black first joined ADP in 1996 as a sales associate. Her remarkable career saw her rise through the ranks; she\u2019s held numerous positions, including general manager of employer services and president of worldwide sales and marketing.<\/span><\/p>\n<div id=\"div-gpt-ad-1622053479374-0\" class=\"ad-float-left\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053479374-0'); });\n<\/script><\/div>\n<p><span style=\"font-weight: 400;\">It\u2019s certainly noteworthy that each of these five CEOs had storied careers\u2014most of which spanned decades\u2014at the companies they now run. It speaks to the importance of hiring women at every level of a company and supporting women\u2019s careers and advancement at each stage and throughout the promotion pipeline. Moreover, each was named CEO with a sentiment of progress and a sense that their leadership will shepard their respective companies into the future (the words \u201cfuture,\u201d \u201ctomorrow,\u201d and \u201cinnovation\u201d came up a lot), which seems fitting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Women\u2019s presence in company leadership creates knock-on effects\u00a0<\/span><a href=\"https:\/\/hbr.org\/2021\/04\/research-adding-women-to-the-c-suite-changes-how-companies-think\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">felt throughout their organizations<\/span><\/a><span style=\"font-weight: 400;\">. It even improves how companies think about women;\u00a0<\/span><a href=\"https:\/\/www.gsb.stanford.edu\/insights\/hiring-female-ceos-changes-how-companies-talk-about-women\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">researchers found<\/span><\/a><span style=\"font-weight: 400;\">\u00a0that having more women in leadership roles dismantles the very stereotypes that hold women back. Moreover,\u00a0<\/span><a href=\"https:\/\/journals.sagepub.com\/doi\/10.1177\/0019793919862509\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">women are more likely than men to hire women<\/span><\/a><span style=\"font-weight: 400;\">, which means better representation in the C-suite can lead to better representation at every level. And\u00a0<\/span><a href=\"https:\/\/www.forbes.com\/sites\/lizelting\/2022\/09\/22\/stop-saying-quotas-dont-work-because-they-demonstrably-do\/?sh=2f11d5ef5b9c\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">studies have shown<\/span><\/a><span style=\"font-weight: 400;\">\u00a0that the more women there are at the top of a company, the healthier the workplace culture (for both women and men alike), the more likely women\u2019s achievements are to be recognized, and the more likely women are to be promoted.<\/span><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">So yes, 10.6% of Fortune 500 CEOs being women may seem a meager milestone, but it represents something so much greater: where we\u2019re headed. It may not be a leap, but this is an important step forward. Each threshold we cross, each barrier we break brings us closer to parity. And while we may not have broken the glass ceiling, thanks to grit and decades-long grinds up the corporate ladder, we sure have raised it.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b><i>Article by Liz Elting<\/i><\/b><i><span style=\"font-weight: 400;\">, Contributor, Forbes<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Liz is a global CEO, entrepreneur, business leader, linguaphile, philanthropist, feminist, and mother. After living, studying, and working in five countries across the globe\u2014and quitting a particularly nightmarish job\u2014she decided it was time to chart her own future. Driven by a passion for language and cultural diversity and a vision to break down boundaries, forge new paths forward, and connect people and businesses across the globe, she founded her dream company out of an NYU dorm room. Today, that startup is the world\u2019s largest language solutions company, with over $1.1 billion in revenue and offices in more than 100 cities around the globe. She is the Founder and CEO of the Elizabeth Elting Foundation. Follow her on Twitter and Instagram @LizElting<\/span><\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span style=\"font-weight: 400;\">January 1st was the start date of five new women helming Fortune 500 companies, bringing the total number of female CEOs to 53. Which means, for the first time\u2014after years of being stuck at the 8% mark\u2014over 10% of Fortune 500 CEOs are women.\u00a0<\/span><span style=\"font-weight: 400;\">Let&#8217;s take a moment to recognize how far we&#8217;ve come by celebrating some of the history-making women who brought us over the 10% line.<\/span><\/p>\n","protected":false},"author":3,"featured_media":36836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[368],"tags":[125,136,134],"class_list":["post-36747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-february-2023-esg-economy-news","tag-additional-articles","tag-impact-investing","tag-sustainable-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Year, New Glass Heights: Women Now Comprise 10% Of Top U.S. Corporation CEOs - Green Money Old version<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Year, New Glass Heights: Women Now Comprise 10% Of Top U.S. Corporation CEOs - Green Money Old version\" \/>\n<meta property=\"og:description\" content=\"January 1st was the start date of five new women helming Fortune 500 companies, bringing the total number of female CEOs to 53. 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Which means, for the first time\u2014after years of being stuck at the 8% mark\u2014over 10% of Fortune 500 CEOs are women.\u00a0Let's take a moment to recognize how far we've come by celebrating some of the history-making women who brought us over the 10% line.","og_url":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/","og_site_name":"Green Money Old version","article_publisher":"https:\/\/www.facebook.com\/cliff.feigenbaum","article_published_time":"2023-01-29T05:22:45+00:00","article_modified_time":"2023-01-31T00:01:23+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2023\/01\/Womens-Strike-for-Equality-a-protest-organized-by-NOW-photo-by-Bob-Parent-Getty.jpg","type":"image\/jpeg"}],"author":"Michelle Mosser","twitter_card":"summary_large_image","twitter_creator":"@cliffgmj","twitter_site":"@cliffgmj","twitter_misc":{"Written by":"Michelle Mosser","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/#article","isPartOf":{"@id":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/"},"author":{"name":"Michelle Mosser","@id":"https:\/\/test.greenmoney.com\/2025\/#\/schema\/person\/f8ac105643390eb0d657dfac9c1a72ba"},"headline":"New Year, New Glass Heights: Women Now Comprise 10% Of Top U.S. Corporation CEOs","datePublished":"2023-01-29T05:22:45+00:00","dateModified":"2023-01-31T00:01:23+00:00","mainEntityOfPage":{"@id":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/"},"wordCount":969,"commentCount":0,"publisher":{"@id":"https:\/\/test.greenmoney.com\/2025\/#organization"},"image":{"@id":"https:\/\/test.greenmoney.com\/2025\/new-year-new-glass-heights-women-now-comprise-10-of-top-u-s-corporation-ceos\/#primaryimage"},"thumbnailUrl":"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2023\/01\/Womens-Strike-for-Equality-a-protest-organized-by-NOW-photo-by-Bob-Parent-Getty.jpg","keywords":["Additional Articles","Impact Investing","Sustainable Business"],"articleSection":["February 2023 - 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