Number of women CFOs hits all-time high, report finds

February 5, 2023

The percentage of CFOs who are women hit an all-time high last year, and racial and ethnic minorities also continue to make gains in obtaining roles in the C-suite, according to an annual report from Crist Kolder.

The executive recruiting firm's annual report analyzes data from more than 650 companies drawn from among the Fortune 500 and S&P 500.

Women made up 16% of CFOs last year, which is up from 6.3% in 2004, when Crist Kolder began tracking the data.

The report also found that racial and ethnic diversity among CFOs and CEOs increased. The percentage of companies with diverse CFOs is about 10%, up from 5.2% in 2014. See more findings. 

 

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