Not one woman among 40 CEOs
THE top 40 chief executive officers of Manitoba’s publicly traded corporations were recently acknowledged in the Winnipeg Free Press. Their salaries and benefits were noteworthy but just as apparent was the fact that among them there was not a single woman. Not one.
It might seem odd, and even surprising, unless you are aware that the boards who hired them were all male-dominated and many absent of women. These boards fit the classical WASP membership with few minorities, aboriginals, or women. In fact, when these “old boys” retire, they select as their replacements other men who look, sound and act like them.
Take a look at some of some of these businesses.
The North West Company has been a pretty stable and profitable company with a good dividend payout for some years. Its board consists of nine people, which includes one woman. It has no aboriginal directors in spite of being the primary food, furniture, and clothing store on many reserves and throughout Canada’s North. Recently, it acquired the Giant Tiger stores.