By Yahoo Finance
Jess Huang, McKinsey Partner and Phyllis Newhouse, Founder & CEO of Xtreme Solutions, Inc. and CEO of Athena Technology Acquisition Corp., joins Yahoo Finance Live to discuss gender diversity in corporate boards and in the workplace.
Video Transcript
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ALEXIS CHRISTOFOROUS: Welcome back. Many studies have shown that having women on company boards of directors is simply good for business. So why aren't we seeing more of them? When it comes to positions of leadership, women make up less than 21% of boards of S&P 500 companies and an even smaller 5% of the CEOs of Fortune 500 companies.
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