The Clinton Herald, Clinton, Iowa

Top News

December 12, 2012

Progress toward female leadership remains 'glacial'

Women made few inroads this year in joining U.S. corporate boards or executive teams, even as high-profile appointments at companies such as Yahoo spotlight the potential for greater parity.

Women held 14.3 percent of executive positions at Fortune 500 companies as of June 30 and 16.6 percent of board seats, figures that show "glacial progress" in boosting female representation, according to a report published Tuesday by Catalyst, a non-profit researcher studying women and business.

Catalyst's research indicates growth in female corporate leadership has stalled, signaling Marissa Mayer's rise to the top job at Yahoo and Sheryl Sandberg's board-seat victory at Facebook are the exceptions. Less than a fifth of the Fortune 500 had 25 percent or more board seats filled by women, while more than a quarter had zero women in executive roles, Catalyst data show.

"The lack of progress toward closing this gender leadership gap is, to put it frankly, troubling," Rachel Soares, a senior research associate at New York-based Catalyst and lead author of the report, said in a telephone interview. "The companies that are taking deliberate and sustained actions to advance women in leadership are in the vast minority, and all the work that they're doing is only providing enough momentum to maintain the status quo of women lagging men."

Women's share of executive officer positions, defined as president or any vice president in charge of a principal business unit of the company, rose 1.4 percent this year from 2011, Catalyst data show. Among Fortune 500 companies, 27.8 percent had no women serving in top jobs at the end of the second quarter.

"I'm very frustrated," Toni Wolfman, executive adviser at the Center for Women and Business at Waltham, Mass.-based Bentley University, said in a phone interview. "There's a lot of talent there that's going to waste if companies don't figure out how to support and advance women in their companies."

Text Only
Top News
  • Medicaid paid $12M for Illinois dead

    The Illinois Medicaid program paid an estimated $12 million for medical services for people listed as deceased in other state records, according to an internal state government memo.

    The memo dated Friday, which The Associated Press obtained through a Freedom of Information Act request, says the state auditor compared clients enrolled in the Medicaid database last June with state death records dating back to 1970. Auditors identified overpayments for services to roughly 2,900 people after the date of their deaths.

    April 19, 2014

  • Ohio couple married 70 years die 15 hours apart

    A couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.

    Helen Felumlee, of Nashport, died at 92 on April 12. Her husband, 91-year-old Kenneth Felumlee, died the next morning.

    April 19, 2014

  • Prince reaches agreement with music label

    Prince now owns the rights to the music he recorded on Warner Bros. Records after years of disputes and battles with the record label.

    Warner Bros. announced Friday it had reached an agreement with the pop icon, who was signed to the label from 1978 to the mid-1990s, during which time he released key projects like "Purple Rain," ''1999," ''Diamonds and Pearls" and "Around the World in a Day."

    Financial terms weren't disclosed.

    April 19, 2014

  • Ill. GOP officials who wanted Brady out replaced

    A crop of Republican officials who wanted to oust former Illinois GOP Chairman Pat Brady for his statements supporting same-sex marriage have been replaced in their party positions.

    Illinois Republicans across the state held elections for all 18 state central committee member posts this week, replacing six of the seven officials who signed on to a letter last year to hold a vote on removing Brady as chairman. The seventh person to sign the letter, Mark Shaw of the 10th Congressional District, was re-elected to a four-year term.

    April 19, 2014

  • Iowa gets nearly $72M in yearly tobacco payment

    Iowa received $71 million this week from tobacco companies — its annual share of a 1998 landmark legal settlement in which tobacco companies pay states for smoking-related health care costs.

    The Iowa Attorney General's Office says that since 1999, the state has received more than $960 million in tobacco payments.

    April 19, 2014

  • U of I burn center sees jump in ammonia burns

    The University of Iowa Burn Treatment Center is reporting a higher-than-normal number of patients suffering from anhydrous ammonia burns.

    The center says it has treated five people in the last two weeks. The center's medical personnel say they usually only see one or two cases each year. Official say the high number of patients in such a short amount of time is concerning.

    April 19, 2014

  • Screen shot 2014-04-18 at 4.44.15 PM.png Paint, doodle and sketch: 3 apps for art lovers

    In the absence of a palette of watercolors and a sketchpad, these three apps can fill in as your art supplies of choice.

    April 19, 2014 1 Photo

  • Smartphone kill switches are coming

    Smartphones need kill switches. It's a relatively easy solution to the pricey (and irritating) problem of smartphone theft. But who would have thought that the big carriers would team up with Apple, Google, Microsoft, Nokia, Samsung and lots of other manufacturers to voluntarily begin adding the technology by July 2015? The cooperative spirit! It makes so much sense!

    April 19, 2014

  • Way of the Cross photo The Way of the Cross By Amy Kent Herald Staff Writer The Way of the Cross

    April 19, 2014 1 Photo

  • John Hood A year after 'chaos'

    It happened two hours after John Hood finished his run. Like many, he thought the loud boom was just the sound of cannons going off, something that shook the ground. It was odd, but Hood — a 1989 Clinton High School graduate — tried to make it logical, associating the noise with another good happening at the Boston Marathon.

    April 18, 2014 1 Photo

AP Video