A new article by Chief writes that being a stay-at-home spouse might be the secret to executive success.
TIAA CEO Thasunda Brown Duckett is one of two Black women who lead a Fortune 500 company. She’s also in another select group: powerful women with a stay-at-home spouse. Her husband Richard helps care for the couple’s four children.
It’s an arrangement that can be extremely advantageous for ambitious women — particularly for those who want kids and an executive career — yet it remains incredibly rare. Men executives are far more likely to have a partner taking care of everything at home. Of men in the top 1% of earners, 70% have a stay-at-home spouse, but only 22% of women at the top can say the same.