DUBLIN, Ohio, March 3, 2015 /PRNewswire/ -- Cardinal
Health has been named one of the 2015 "NAFE Top Companies for
Executive Women" by the National Association for Female Executives
(NAFE), which honors American corporations that identify and
promote successful women.
"We're counting the numbers of women in senior management at
America's top companies and are happy to find that companies are
responding to the competition," says Dr. Betty Spence, NAFE President. "The 2015 NAFE Top
Companies demonstrate their understanding that having women in top
executive posts increases the bottom line."
Compared with last year's list, findings for the 2015 NAFE Top
50 Companies reveal that:
- The percentage of women who hold board seats at the 2015 NAFE
Top Companies grew to 29% from 27% last year.
- Forty percent of top earners at the 2015 NAFE Top 50 are women,
up from 35% last year.
- Half of the winning companies now have four or more women board
directors; at the NAFE Top 50, 29% of board members are women,
compared with just 19% at the S&P 500.
- Fifty-eight percent of the 2015 NAFE Top Companies now offer
sponsorship programs, compared with 42% in 2013; 98% offer job
rotations, up from 80% two years ago.
- Female representation at the CEO level held steady at 10% over
the last four years at NAFE Top Companies—that's twice the
percentage at the Fortune 500.
Subha Barry, Vice President and
General Manager, Working Mother Media, says, "This year's winners
work hard to nurture corporate cultures that advance and promote
women. Top companies continue to support advancement programs; the
percentage of companies that offer job rotation, succession
planning and career counseling increased from 2014."
This is the fourth consecutive year that Cardinal Health has
been named to the list. The full list of this year's winners is
posted on workingmother.com and nafe.com.
"Cardinal Health believes that an emphasis on diversity and
inclusion helps ensure we have the best talent, fosters innovation
and ultimately creates competitive advantage," said George Barrett, chairman and chief executive
officer of Cardinal Health. "We remain committed to advancing women
in leadership as a key component of reaching our business
objectives.
About the Methodology
The 2015 NAFE Top Companies application includes more than 200
questions on female representation at all levels, especially the
corporate officer and profit-and-loss ranks. The vetting process
includes tracking access and usage of programs and policies that
promote the advancement of women as well as the training and
accountability of managers in relation to the number of women who
advance. In order to be eligible for the NAFE Top Companies survey,
entrants must have a minimum of 1,000 employees, two women on the
Board of Directors and be a public or private company. NAFE also
separately names the Top 10 companies in the non-profit sector.
About NAFE:
The National Association for Female
Executives (NAFE), founded in 1972, serves 20,000 members
nationwide with networking, tools and solutions to strengthen and
grow their careers and businesses. Working Mother magazine
publishes the annual NAFE Top Companies list. NAFE.com
provides up-to-date information, community for women in business
and access to member benefits. NAFE is a division of Working Mother
Media, owned by the Bonnier Corporation.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE:
CAH) is a $91 billion health care
services company that improves the cost-effectiveness of health
care. As the business behind health care, Cardinal Health helps
pharmacies, hospitals, ambulatory surgery centers, clinical
laboratories and physician offices focus on patient care while
reducing costs, enhancing efficiency and improving quality.
Cardinal Health is an essential link in the health care supply
chain, providing pharmaceuticals and medical products and services
to more than 100,000 locations each day and is also the
industry-leading direct-to-home medical supplies distributor. The
company is a leading manufacturer of medical and surgical products,
including gloves, surgical apparel and fluid management products.
In addition, the company operates the nation's largest network of
radiopharmacies that dispense products to aid in the early
diagnosis and treatment of disease. Ranked #22 on the Fortune 500,
Cardinal Health employs 34,000 people worldwide. More information
about the company may be found at www.cardinalhealth.com and
@CardinalHealth on Twitter.
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SOURCE Cardinal Health