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Women CEOs: Why companies in crisis hire minorities - and then fire them

by DG McCullough | Aug 13, 2014   ()

When a company gets its first female or minority CEO, that might not set the business on a more diverse path for long. A recent PwC report has found that although the number of women CEOs at large companies is growing, more women leaders are forced out of the office than men (38% of female CEOs versus 27% of male CEOs in the last 10 years).

Now another study - published in the Strategic Management Journal in July - by Utah State University researchers has found that, in the vast majority of cases, Fortune 500 companies replace female and minority CEOs with white men.

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Source: The Guardian
Source: The Guardian

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