The JP Morgan Healthcare Conference is back in town, and while biotech executives are 80% men, a renegade group of women executives took over Union Square in so many pink pantsuits it would have made Mary Tyler Moore proud. If you haven't noticed, the JP Morgan Annual Healthcare Conference is in town again, and the famed big-money biotech conference runs through Thursday. It's considered SF's second largest revenue-generating conference of the year, behind only Dreamforce.
Large US companies have made progress albeit slowly over the past decade when it comes to increasing the number of women in management and leadership roles on every rung of the corporate ladder. But reported changes in company priorities this year coupled with employees' reported experiences suggest those modest but steady gains may be at risk. That's one takeaway from the latest annual report on the state of women at work from consulting firm McKinsey & Company and Lean In, a women-at-work advocacy group.
"We in fact reached out to several female creators to participate in this year's AoC, some of them declined due to prior commitments, and others did not respond despite follow-up emails," the spokesperson said. "We recognise we should have communicated this context better." Confirming this, ethical hacker and university advisor Katie Paxton-Fear responded to a post highlighting the lack of representation, saying she was among the women TryHackMe contacted, but couldn't make it.
"We're like, 'Show us a picture of a senior leadership team from Chanel visiting Microsoft'-it is all men in suits," she said.
A few days earlier, on Sept 29, Comcast said that its sitting CEO Brian Roberts will be joined by Michael Cavanagh, former president, in January. (The arrangement is being read as part of a succession plan.) And at Oracle a week before, ex-CEO Safra Catz moved into the vice-chair role, and was replaced by Clay Magouyrk, former head of Oracle Cloud Infrastructure, and Mike Sicilia, who previously ran Oracle Industries.
Out of more than 18,400 money managers worldwide, just 12.9% are women, compared with 12.5% last year and 10.3% in 2016. The absolute value of assets managed by women has tripled over the past ten years to £4 trillion, but this growth reflects a rise in mixed-gender teams, which now manage almost 15% of funds, up from just 6.7% a decade ago.
Crys Matthews stated, "I am thrice marginalized. I'm a woman, I'm Black, I am also a lesbian," highlighting the multiple barriers women of color and LGBTQ+ people face in the music industry.
