Female Executives on the Rise in Retail Industry
- Retail sector appoints highest number of women to senior positions in 2018
- Korn Ferry’s research reveals almost a quarter of 44 senior appointments were women
- Cath Kidston appoints Melinda Paraie as CEO, B&M appoints Carolyn Bradley and Tiffany Hall, M&S brings Katie Bickerstaffe to board
- Sarah Lim sees progress towards diverse boardrooms
A recent study by Korn Ferry revealed that the retail sector has made significant strides in appointing women to senior positions, with nearly a quarter of the 44 appointments made in 2018 being female. Notable appointments include Melinda Paraie as CEO at Cath Kidston, Carolyn Bradley and Tiffany Hall at B&M, and Katie Bickerstaffe joining M&S’s board. Sarah Lim, managing director at Korn Ferry, sees this progress as a positive sign of diverse boardrooms becoming more common.
Factuality Level: 8
Factuality Justification: The article provides accurate information about recent appointments in the retail sector and quotes a source (Korn Ferry) to support its claims. It also includes expert opinion on the progress made towards more diverse boardrooms.
Noise Level: 3
Noise Justification: The article provides relevant information about the increase in women’s appointments in senior positions within the retail sector, cites a source, and includes quotes from an expert. However, it lacks deeper analysis or exploration of the reasons behind this trend and does not offer significant insights beyond reporting the numbers.
Financial Relevance: Yes
Financial Markets Impacted: Retail sector
Financial Rating Justification: The article discusses the appointment of women to senior positions in the retail sector, which can impact companies’ performance and decision-making processes.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.
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