Seramount Names the 2024 Top Companies for Executive Women 

The data shows continued support for the advancement of women at the top levels of corporate leadership 

September 10, 2024 (Washington, DC)—Seramount revealed the 2024 Top 80 Companies for Executive Women today. Seramount continues to explore ways organizations can move more women into top executive roles by highlighting the successes at these trailblazing companies.  

This is the most definitive list of top workplaces for women advancing through the corporate ranks. It celebrates companies that champion women’s achievements, with a focus on succession planning, profit-and-loss roles, gender-pay parity, support, and flexibility programs.  

“Our Top Companies for Executive Women set an example of a supportive company culture that nurtures successful women,” said Subha V. Barry, President of Seramount. “We are thrilled to see that more CEOs are providing transparent company-wide annual updates, demonstrating their commitment to women’s advancement.” 

The top 10 companies are (in alphabetical order) Bristol Myers Squibb, CSAA Insurance Group, Dechert, General Mills, Horizon Blue Cross Blue Shield of New Jersey, Johnson & Johnson, L’Oréal USA, TD Bank, The Estée Lauder Companies, and Zoetis Inc.  

Highlights of the 2024 Top 80 Companies for Executive Women:  

• Women representation at the Top Companies has increased at the higher employee levels: 37 percent of corporate executives (the top two levels below CEO) are women, up from 35 percent the previous year; 47 percent of senior managers (one level below corporate executives) are women, up from 45 percent; and 51 percent of managers (one level below senior managers) are women, up from 50 percent.
• Additionally, promotions to these employee levels have also increased: 44 percent of promotions to corporate executive are women, up from 42 percent the previous year; 51 percent of promotions to senior manager are women, up from 47 percent; and 55 percent of promotions to manager are women, up from 54 percent.
• Forty-four percent of corporate executives who report directly to the CEO are women, up from 39 percent the previous year; 31 percent of executives who have P&L responsibility are women, up from 29 percent; and 37 percent of executives who report directly to the CEO and have P&L responsibility are women, up from 33 percent.
• Women representation in formal advancement programs has also increased, with 62 percent of mentees in formal mentoring programs being women, up from 60 percent the previous year; 65 percent of protégés in sponsorship programs are women, up from 57 percent; 58 percent of leadership development participants are women, up from 57 percent; and 46 percent of succession planning candidates are women, up from 45 percent. 

Top 80 Companies for Executive Women Workforce Composition 

The 2024 Top 80 Companies for Executive Women employ about 2.3 million people at 29,206 work sites in every state across 17 industries: advertising, consumer products, education, financial or property and casualty insurance, financial services, health insurance, hospitals/health care, Internet, legal, manufacturing, media, nonprofit/not-for-profit, pharmaceuticals, professional services/management consulting/accounting, real estate, retail and apparel science/technology/engineering/aerospace/medical devices, telecommunications, and utilities.   

Methodology 

The 2024 Top 80 Companies for Executive Women application includes 211 questions on pertinent topics, including women representation at all levels, but focuses on the corporate officer and profit-and-loss leadership ranks. The application, based on 2023 data, tracks and examines how many employees have access to programs and policies that promote advancement of women and how many women employees take advantage of them, as well as how companies train managers to help women advance. To be considered, companies must have a minimum of two women on their boards of directors and at least 500 US employees. 

About Seramount 

Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 650 of the world’s most influential companies, large and small, to offer pragmatic solutions, including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower organizations to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes. 

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