A record number of women took the helm at Fortune 500 companies in 2020 helping to steer big brands like Clorox, Gap and UPS through the pandemic and one of the most volatile business climates in history. While companies have been under pressure for years to diversify, this trend also represents a shrewd business decision.
A 2019 S&P Global study found that public companies with women at the helm were more profitable compared to those with men in the CEO and CFO seats. Women are also making big inroads in other fields including science and medicine. Yet in the tech and cybersecurity industries women still lag behind. It’s certainly not because of a lack of jobs. Though the talent shortage did ease last year, the industry as a whole is struggling to fill vacancies. There are a few reasons that women aren’t filling those seats.