News and Events for Attorneys and Executives

GC Roles at Large Banks Went Mostly to Women in 2017

By on February 7, 2018 in Banking & Finance, Employment

The ranks of women general counsel in the Fortune 500 continued to grow in 2017, particularly in the financial services industry, though it remains more male-dominated than other sectors, according to a Bloomberg Law report.

Cynthia Dow, head of the legal officers practice at executive search firm Russell Reynolds Associates, told Bloomberg that, of the 86 financial services companies in the Fortune 500, 11 hired new general counsel in 2017. And six of those were women.

“Despite the significant bump in 2017, women still lag behind in Fortune 500 financial services GC roles, making up only 22 percent, according to Dow,” writes Stephanie Russell-Kraft.

Read the Bloomberg Law article.




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