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Companies with more women in senior roles have higher profit margins, an analysis of the FTSE 350 has found. The Pipeline’s Women Count survey discovered that FTSE 350 companies with no women in their executive committees performed the worst of all the groups it analysed, while those with at least 25% females generated almost double the profit margin of those with none. It estimates that if all FTSE 350 companies performed at the same level as those with higher female representation at executive level, there would be a £5 billion “gender dividend” for the UK economy. However, the percentage of women on executive committees remains at 16%, and there are eight more companies without any women in these roles since last year’s survey. The percentage of women in roles where they control profit and loss accounts (P&L roles) has also dropped from 38% to 35%. Most women (60%) who are on executive boards are in "functional" roles, such as HR, marketing, legal or compliance. Out of 791 executive directors, only 65 of these were women, meaning women make up less than 10% of executive director roles on FTSE 350 boards. Execpipeline.com found that companies with a female CEO tend to, on average, have more women in their executive leadership team. Companies with a female CEO have an average of 2.6 women on their executive committee, compared to 1.4 on companies led by men. The sector
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