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I. VOICES OF MALE CEOS AT THE 2014 GLOBAL SUMMIT OF WOMEN Michel Landel, CEO of Sodexo, Frederic Oudea, CEO of Societe Generale (one of France\u2019s largest banks), Thierry Pilenko, CEO of Technip (an energy company), Sol Trujillo, former CEO of three companies \u2013 U.S. West, Orange (France Telekom) and Telstra (Australia) \u2013 will join Mr. Monsellato in a discussion on \u201cRedefining the Marketplace:\u00a0\u00a0The Business Case for Gender Equity\u201d.\u00a0\u00a0The session will be moderated by Booz Inc. Founder and former CEO Shumeet Banerji, who will guide the dialogue on linking current market drivers \u2013 women \u2013 to a company\u2019s financial performance.<\/p>\n Some of the male CEOs joining the 2014 Global Summit of Women: Michel Landel of Sodexo; \u00a0Fredric Oudea of Societe Generale; \u00a0Thierry Pilenko of Technip; Sol Trujillo, formerly of US West, Orange, and Telstra; and Gianmarco Monsellato of Taj France<\/em><\/p>\n Microsoft France\u2019s President Alain Crozier will be part of a Summit debate on \u201cRevisiting Work\/Life Integration,\u201d where he will be joined by Metlife EVP for Employee Benefits Maria Morris and Unibail-Rodamco Chief Resources Officer Armelle Carminati.\u00a0\u00a0The basic question to be explored is whose responsibility is it to enable workers to combine successfully their work and family responsibilities?\u00a0\u00a0Can both be combined effectively so neither part of a woman\u2019s life suffers?\u00a0\u00a0An opening session on \u201cDoing Business With France\u201d will be spearheaded by Nicolas Dufourcq, CEO of BPI France SA, who will point to business opportunities in his country, while Joe Keefe of US-based Pax World, a social investment fund, will join others in the session on \u201cRedefining Corporate Social Responsibility:\u00a0\u00a0From Charity to Business Strategy.\u201d<\/p>\n \u201cI think of the Summit as an equal opportunity forum, and whether from the speakers\u2019 podium or the participants themselves, we intend to include some men at the Paris Summit to help them understand women\u2019s perspectives and issues, and to have the women leaders attending hear how men view those very same issues,\u201d states Summit President Irene Natividad.\u00a0\u00a0\u201cGender equity can accelerate if more men are engaged in the effort,\u201d she adds.<\/p>\n Hear from these male CEOs and dozens of other presenters at the Summit in Paris.\u00a0\u00a0Early-bird registration ends on January 1, 2014,<\/u><\/strong>\u00a0so register today at\u00a0www.globewomen.org\/globalsummit<\/a>.<\/p>\n II. LATIN AMERICAN WOMEN PRESIDENTS\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/em><\/strong><\/p>\n Dilma Rousseff, former Energy Minister of Brazil, is planning to run for a second term as President of the sixth largest economy in the world.\u00a0\u00a0Next door is Argentina, where Cristina Fernandez de Kirchner is in the midst of her second term.\u00a0\u00a0Costa Rica has its first woman President in Laura Chinchilla, and now, Chile once again with Bachelet back in charge of this stable, high-growth country.<\/p>\n In the lower houses of Congress, Latin America has 24% women\u2019s representation, the second highest percentage globally, surpassed only by the Nordic countries at 42%.\u00a0\u00a0Part of this progress is due to the passage of quota laws in the \u201890\u2019s adopted in at least a dozen countries in Latin America that stipulate 30% of party lists must include women.<\/p>\n Does this mean that women\u2019s equity has been achieved in the region?\u00a0\u00a0Not at all, but citizens are getting more used to seeing women in charge.\u00a0\u00a0Moreover, Bachelet has proven that having a woman President can make a difference for other women.\u00a0\u00a0During her first term, she increased access to child care for poor families, created pensions for housewives, legalized alimony payments to divorced women, and named women to half her first Cabinet.\u00a0\u00a0President Dilma Rousseff of Brazil also appointed women to a third of the Cabinet positions in her government despite objections in some quarters and named the first woman CEO of state-owned oil company, Petrobras.\u00a0\u00a0(Source:\u00a0\u00a0New York Times<\/em>, 12\/15\/13).<\/p>\n To see who are the women Presidents and Prime Ministers currently in office, click to this link,\u00a0http:\/\/wexpo.biz\/global_summit_women_report_women_government_leaders_2010<\/a><\/p>\n III. BREAKING THE GLASS CEILING IN THE AUTOMOBILE INDUSTRY: MARY T. BARRA<\/em> Beginning her career as an 18-year-old intern at GM, America\u2019s largest automaker, and 33 years later holding the post of Executive Vice President of Global Products Development, Mary T. Barra has been credited with the overhaul of the company\u2019s vehicle line-up globally.\u00a0\u00a0\u201cMary was picked for her talent, not her gender,\u201d stated the former CEO Dan Akerson, who pointed out her management, production and people skills which catapulted her to be his top choice.<\/p>\n For the most part, automakers have been deaf to the fact that women dictate 65% of car purchases in the U.S. and other markets.\u00a0\u00a0Car dealers and service providers are known for not treating women customers particularly well.\u00a0\u00a0That\u2019s beginning to change as this highly competitive market must now realize who their customers really are.\u00a0\u00a0GM\u2019s head engineer is a woman and many of its brands, marketing and products have women in mind.\u00a0\u00a0Industry analysts see Mary T. Barra as able to lead GM to the next stage of development.\u00a0\u00a0The automaker not only appointed an accomplished executive to the top job, but it also tapped into a consumer reality.\u00a0\u00a0(Source:\u00a0\u00a0Forbes.com<\/em>, 12\/10\/13)<\/p>\n To see a listing of women CEOs of Fortune 500 companies, click to this link:\u00a0http:\/\/wexpo.biz\/women_ceos<\/a><\/p>\n IV. NEW REPORT: DIVERSITY DRIVES DIVERSITY FROM THE BOARDROOM TO THE C-SUITE \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/em><\/strong><\/p>\n A new report from Ernst & Young shows that diversity in a company\u2019s board or in senior management can drive further diversification across the leadership pipeline.\u00a0\u00a0\u00a0Their study shows that women on the board accelerate the appointment of additional women to board seats within the company.\u00a0\u00a0There is also a connection between gender diverse boards and a higher percentage of women in executive positions, who, in turn, enlarge the pool of potential board directors.<\/p>\n The study also notes that new opportunities lie for women being named to board seats, because 20% of current directors serving in 1500 companies in the S&P will reach the average retirement age of 72.\u00a0\u00a0(Source:\u00a0\u00a0EY Corporate Governance Center<\/em>, 12\/16\/13).<\/p>\n Join 1,000 women coming to Paris at the REGISTER TODAY AT:\u00a0<\/strong><\/p>\n WWW.GLOBEWOMEN.ORG<\/a><\/strong><\/p>\n Don’t receive this e-newsletter regularly?
\nIssue No. CCXIV;\u00a0December 18,\u00a02013<\/strong><\/p>\n![\"\"](\"https:\/\/globewomen.org\/globalsummit\/wp-content\/uploads\/2017\/08\/1-10.jpg\")
\nTHIS ISSUE’S HIGHLIGHTS:
\n<\/u>I.\u00a0\u00a0\u00a0 VOICES OF MALE CEOS AT THE 2014 GLOBAL SUMMIT OF WOMEN
\nII.\u00a0\u00a0 LATIN AMERICAN WOMEN PRESIDENTS
\n<\/em><\/strong>III.\u00a0 BREAKING THE GLASS CEILING IN THE AUTOMOBILE INDUSTRY: MARY T. BARRA
\nIV.\u00a0 NEW REPORT: DIVERSITY DRIVES DIVERSITY FROM THE BOARDROOM TO C-SUITE<\/em><\/strong><\/p>\n
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\n<\/em><\/strong>\u00a0In response to a challenge from Taj France CEO Gianmarco Monsellato to include more men in women’s events as part of their own ‘continuing education’ in gender relations, the 2014 Global Summit of Women has invited several male CEOs, mostly French, to its June 5-7th gathering in Paris where 1,000 women from 70+ countries will be attending.<\/p>\n![\"\"](\"https:\/\/globewomen.org\/globalsummit\/wp-content\/uploads\/2017\/08\/2-4.jpg\")
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<\/a>With Michelle Bachelet’s easy win with 62% of the vote last Sunday (December 15th) to recapture the Chilean Presidency, Latin America now has four women serving as Presidents out of the 10 currently serving worldwide.\u00a0 More than any other region of the world, the area known for machismo attitudes now has four women at the helm.\u00a0 These are not ceremonial presidencies, but rather active roles in leading major economies.<\/p>\n
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<\/a><\/strong>Suffering through near-bankruptcy, needing government bailout to survive, and seeing its brand tarnished, General Motors has emerged in four years, a leaner company, with better products and a more integrated leadership that currently has almost a third of its board made up of women \u2013 the only one in the industry \u2013 and now a 33-year veteran of the company breaking the thickest of glass ceilings to become its new CEO.<\/p>\n
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The percentage of\u00a0S&P 1500\u00a0companies with two or more directors has been gradually increasing (from 29% in 2006 to\u00a042% in 2013), while the percentage of companies with 0 women directors has been declining (from 35% in 2006 to 22% in 2013); Graph from Ernst and Young Report on<\/em>\u00a0Diversity Drives Diversity.<\/em><\/p>\n
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\n2014 Global Summit of Women
\nJune\u00a05-7, 2014
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