The CFO Leadership Council’s Post

Women hold 33% of board seats throughout the S&P 500. And yet, only 65% of female board members feel they wield influence on their boards, compared to 81% of male board directors. The finding comes from a recent report by organizational consulting firm Korn Ferry. In a survey of 183 board members, the firm found that women and people of color who hold board seats don’t feel like they influence board-level decision-making. Seventy-six percent of white board members said they felt they’d shaped board decisions compared to 70% of nonwhite board members. bit.ly/3WjPlUz

According to the Center for Research & Data at the Cincinnati USA Regional Chamber, a quarter of chief executives (i.e., Chief Executive Officers, Chief Diversity Officers, Chief Financial Officers, and Chief Operating Officers) in the Cincinnati Region are women. This is a slight increase from a decade ago, when only 24% of chief executives were women. Nationally, the proportion of women in top executive positions in 2021 was 26% indicating that Cincinnati is almost on par with national trends, but there is more progress to be made.

There’s nothing like women celebrating each other. Last week I had the honor of recognizing some of the most incredible business women in the Twin Cities! As one of the 50 honorees, I sat in awe as the emcee read the receipts for each person. The brief sentences listing accomplishments, awards, scale, and impact didn’t even scratch the surface of what it took to get to that room. RISKS. Carefully calculated risks. 💰There are the scary ones like financial risks to launch a business in an industry with very few of us. 📣Quiet personal ones like debating how I’m going to show up at the risk of being “too much” or “not enough.” ⏰Nagging ones like time risks. If I spend it on my career, will I run out of it with my family? What do I risk giving up if my time is “spent.” 🏃🏾♀️And the biggest risk of all. Ourselves. Do we believe in ourselves enough to take the leap? In reality, women business owners and leaders are the best budgeters. We are meticulously simultaneously mitigating and accumulating risk every second of everyday. The net profit of all that mathing is impact, profitability, and true leadership. Bet on women who bet on themselves. #entrepreneurship #betonwomen #women #business

There were not many women in investing in the 1980s and 1990s. What were the early years like? "I think I was fortunate because I worked for people, both men and women, who supported me." Read more about Suzanne Brenner of Brown Brothers Harriman's path to investing in the link below. #investing BBH Center for Women and Wealth #sablelight #mentorship #teamwork #womenwholead

In this paper, we analysed the differences in the route to-the-top of 1483 board directors on 172 boards of leading companies across France, Germany, Netherlands, Norway, and the United Kingdom in 2020 and 2023.   The report identifies three main findings: Women’s representation on boards is at an all-time high. In 2023, women held 44% of all board seats across Europe, up from 38% in 2020. The pipeline of women chairs is strengthening. There are more women in committee leadership roles, in vice or deputy chair/senior independent director (SID) positions, as well as in the chair seat itself, creating a more robust pipeline of highly qualified women candidates for future chair positions. Internal chair appointments are the norm. 62% of men and 67% of women chair placements were through internal board appointments, highlighting the importance of developing the next generation of board leadership and robust chair succession planning.

🌟 Breaking Barriers in Finance! 🌟 Lynn Martin, the driving force behind NYSE Group, has earned her spot on the prestigious list of 'The Most Powerful Women in Finance 2023.' 💼👩💼 Her leadership is reshaping the financial landscape. Read her inspiring journey and accomplishments in this must-read article!

As a winner of this year’s NJBIZ BEST FIFTY WOMEN IN BUSINESS PROGRAM I will be recognized during an in-person awards ceremony on Wednesday, October 25th. In advance of the ceremony, I was asked to share the best piece of advice I have ever received. See my video response below… #womeninbusiness #womensupportingwomen #bethechange #highvaluewoman #enjoylife #FinancialLiteracy #finance #womenentrepreneurship #wealthmanagement NOTES: To learn more about how Geeta Brana Wealth helps women succeed please visit https://lnkd.in/d3fsvgQ NJBIZ Best 50 Women in Business 2023 is issued by NJBIZ Daily Newsletter/ Bridge Tower Media. Following an open nomination process, a panel of independent judges selected the 2023 Best 50 Women in Business winners using a points system to rate submissions in five categories: Career accomplishments, leadership, vision, community service and mentoring. To see the official NJBIZ announcement please visit: Introducing the 2023 NJBIZ Best 50 Women in Business - NJBIZ The financial professional did not pay a fee for this award and clients were not consulted for this award. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.

Summit Spotlight Session: Navigating DEI Skepticism in Accounting. This session will focus on tackling the DEI questions of firms today – for those who have some initiatives in place and for those who can’t get anything off the ground. We’ll teach you what to say to DEI skeptics and explain why the Supreme Court’s affirmative action ruling has no impact on your DEI efforts. We’ll share how you can properly respond to DEI questions on RFPs and from current and prospective clients (no matter where your firm is in the DEI journey). We’ll also explain how firms are adjusting policies to retain and promote more women into leadership, and how to gain buy-in from new markets and colleagues gained through M&A activity. #AAMSummit2024 #AAMDEI Register Now! https://ow.ly/ZbTE50QK2O8

March is #WomensHistoryMonth, a time to honor and celebrate the incredible achievements and contributions women have made throughout history. Take a peek at the progress we're making at Eide Bailly: 👀 ◾ In August of 2022, Eide Bailly launched its Women Empowered Employee Resource Group with the mission of creating a supportive and collaborative community for women to connect, grow, and thrive. The group now has more than 265 members and continues to grow. ◾ In 2023, Eide Bailly made the Accounting Move Project’s Best CPA Firms for Women and Best Firms for Equity Leadership lists. This was the fourth time Eide Bailly made the Best CPA Firms for Women list and the third time the firm made the Best Firms for Equity Leadership list. ◾ As of January 2024, 32% of partners at Eide Bailly are women, and 46% of senior managers are women, an increase from 2021. Learn more about our dedication to diversity, equity, and inclusion and how we're building a workforce that is reflective of the communities we serve: https://bit.ly/3RvbVXD.

Here are the women who are not necessarily amid the world’s 100 most powerful, but whose influence is on the rise. Here’s who we’ll be watching in 2024. #diversity #investinwomen #leadership #diversity #investinwomen #leadership #diversity #investinwomen #leadership