U.S. companies hire a record number of female CFOs

If history is any guide, promotion to CFO gets women into the C-suite, but it doesn’t often lead to promotion to CEO

A sustained focus on gender parity by investors such as BlackRock Inc. and Vanguard Group Inc. is partly responsible for the gains. Women held more than a quarter of the board seats at S&P 500 companies for the first time last year. State Street Global Advisors said Monday that 789 companies appointed their first female director during the past three years. There now are 32 women leading S&P 500 companies, according to Catalyst.

Read the full article at: financialpost.com