A recently released report from Pricewaterhouse Coopers and Strategy& contained statistics that might encourage advocates for more female execs — but only in the long term.
Using the data generated by the career paths of women over the past ten years, the researchers behind the report predicted that women will occupy a third of all new CEO positions by 2040. However, this year, only 3 percent of incoming CEOs were female. Even if the rate at which they're being placed is increasing, this could still be discouraging news.
The report noted that female CEOs were, in some ways, not limited: They appeared "in every region" with the most being in North America. Over the period between 2004 and 2013, more than half of female CEO successions were planned in advance. In total, 65 percent of the women who ascended to CEO positions in this time period were from insider positions within the company.
A different researcher named Jonathan Wai wrote in Business Insider about the bias that may prevent some from seeing the true character of the particular CEOs that have found roles for themselves: The women who have succeeded generally placed in a higher bracket of intelligence than their male counterparts.
"Roughly 60% of female CEOs but only 40% of male CEOs were in the top 1% of cognitive ability," Wai said of a sampling of Fortune 500 CEOs. This was presented as part of a general trend that shows more business dominance among those who rank highly for intelligence.
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