A CNN Business article addresses the low number of female CEOs but a new record that underscores the slow pace of change at the highest levels of business.
Clorox just named Linda Rendle as its new chief executive, bringing the number of women CEOs on the Fortune 500 list to 38 — a new record that underscores the slow pace of change at the highest levels of business.
Rendle, who is currently president of the company, has been with Clorox (CLX) for 17 years and will begin her new role on September 14, the company said in a statement Monday. She’s taking on the new position during a busy year for the company, the world’s largest producer of disinfectant and cleaning products. Clorox’s stock is up 53% this year as the coronavirus pandemic has spread across the United States.
Although the number of women CEOs on the list technically comes to 36 right now, it will officially hit 38 in mid-September after Rendle begins her new role at Clorox and Sue Nabi takes over as Coty’s (COTY) CEO on September 1, according to Fortune.