Report

The 11th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

For 11 years, we’ve been tracking the number of women in leadership roles at Canada’s 100 largest publicly-traded corporations and equality remains a pipedream. Where Trudeau’s cabinet is 50-50 men and women, the top executives of Canada’s 100 largest publicly-traded companies are 92 percent male and a paltry 8 percent female, a slight drop this year over last year’s results.

The 9th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

This is the 9th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada. Since we started, the percentage of female NEOs (Named Executive Officers) who lead the 100 biggest public companies in Canada has moved from 4.6 percent to approximately 8 percent. The flip side is that we started from an appallingly low number so the increase, in real terms, leaves us far short of our ultimate goal. Indeed, the needle did not move forward this year over last year.

The 8th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

The Annual Rosenzweig Report looks at the 100 largest publicly-traded companies in Canada, based on revenue, and examines how many of the top-paid leadership roles are held by women. Under law, public companies in Canada are required to disclose the compensation of their CEO, CFO and the next three highest-paid employees. These employees are referred to as Named Executive Officers (“NEOs”) in the reports filed with the Ontario Securities Commission. This is the eighth year Rosenzweig & Co. has compiled this report, demonstrating our ongoing commitment to diversity and to tracking Canada’s progress on this important topic.

The 6th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

In the past six years the numbers have risen modestly, however remain well below a reasonable initial target of 20%. This target represents one woman at the most senior level in every Top 100 company and is more consistent with the make-up of the talent pool of corporate officers one level below.

The 5th Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

Since we began tracking the advancement of women in the corner offices of Canada’s largest publicly traded companies, we have found both progress and disappointment along the way. This year – the Fifth Annual Rosenzweig Report – our findings lack both sentiments: progress is stalled, but we are not overly disappointed because we believe the economic turmoil, or global recession, has played a significant role.

The 2nd Annual Rosenzweig Report on Women at the Top Levels of Corporate Canada

Women executives in Canada at the highest levels made notable strides last year with a year-over-year increase of 50% in the number of female executive officers at the largest public companies in the country. That’s the good news. On the flip side, a lot more must be done for women to achieve equality at the highest levels of corporate Canada.