2023 Top Companies for Executive Women Winners

Seramount continues to explore ways organizations can move more women into top positions, while highlighting the successes at these trailblazing companies.

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

Join us at Women of Excellence in NYC on September 20, 2023 to celebrate the winning companies and learn more about how they’re investing in women leaders to ensure they have the support and tools they need to thrive and lead into the future.

Number 1

Top 10

Listed in alphabetical order

Winners

Listed in alphabetical order

Highlights

2023 TOP COMPANIES FOR
EXECUTIVE WOMEN
What puts them at the top?
91%
hold managers accountable for hiring and advancing women
87%
of the Top 75 Companies offer formal sponsorship
of divisions over $1 billion are led by women
of the top 20% highest paid employees are women
of P&L roles are held by executive women
of CEOs are women
of corporate executives are women
of board of directors members are women

There has been a significant jump at the CEO level, with 17 percent of companies reporting a woman CEO, up from 13 percent in 2022.
The pipeline to the top is also increasing—39 percent of candidates to be CEO or in the C-suite are women, an increase of 5 percent from 2022.
Forty-seven percent of the top 20 percent highest-paid employees are women, up from 45 percent last year.
Fifty-nine percent of employees receiving promotions were women, up from 55 percent in 2022. Of the promotions to corporate executive (top 2 levels under the CEO), 42 percent were awarded to women.
Ninety-six percent have programs or systems for identifying high-potential women, an increase of 4 percent from 2022.
Seventy-five percent offer trainings for women to prepare them for profit-and-loss management positions, an increase of 4 percent from 2022.
Ninety-nine percent conduct pay-equity analyses for gender compared to 97 percent in 2022.
Eighty-seven percent hold managers accountable through annual performance reviews for hiring and advancing women, up from 77 percent in 2022.

Methodology

The 2023 Top 75 Companies application includes more than 200 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 2022 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.

How to Apply

The online application for the 2024 Top Companies for Executive Women will be available in December 2023 and is due for submission in March 2024, as part of the Seramount Annual Application. We invite applications from private or public companies in any industry, with the exception of government agencies.