The lack of women on corporate boards and in executive suites in the United States is hampering profitability, and investors and investment advisors can do something about it, according to Joe Keefe, President and Chief Executive of Pax World Management and Pax World Funds.
Women currently account for 3% of the CEO roles and 15% of the board positions of Fortune 500 companies. Women also represent 51% of middle managers, but just 15% of senior executive board positions.
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