According to the Dartmouth Tuck School of Business and Loyola University, as reported in the April 2007 issue of the Harvard Business Review, women who make it into senior management roles in Fortune 1,000 companies get there faster than men.
Though nearly half of Fortune 1,000 firms still have no female executive officers, those that do seem to be aggressively hiring and promoting them into the top ranks. As the chart shows, a much larger percentage of Fortune 1,000 women have made it to executive officer positions in their thirties, forties, and fifties than have men their age. What’s more, these women achieved their executive positions at a younger average age than the men did (46.7 versus 51.1) and have less tenure on average than men in their current positions (2.6 years versus 3.5 years).
Check out the chart, too: Younger Women at the Top.
