Female CEO ranks shrink with high-profile firings

09/11/2011 | Huffington Post, The

Gender equality on the corporate leadership front is taking a bit of a beating as there are just now 17 women running companies. The most recent two losses include Carol Bartz, fired by Yahoo, and Bank of America's firing of Sallie Krawcheck, who was running the company's global wealth and investment management business. "While the ouster of a number of top Wall Street women cannot necessarily be tied directly to the glass ceiling," said Deborah Ancona, a professor of organization studies at the Massachusetts Institute of Technology. "Women fill a minority of top leadership positions in corporate America."

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