A Female CEO

There has been great progress for women in business over the past 25 years, but the statistics for their achieving senior executive roles is embarrassingly low. According to Catalyst, an advocacy group that tracks women’s advancement in the workplace, women now make up 59.6% of the US labor force, but fewer than 16% of top corporate officers are female, and for minorities, the numbers are significantly lower. I suspect that the statistics for the real estate industry are more disturbing. This is why I am attracted to Business Week’s cover story from a few weeks ago about the transition at Xerox Corp., where CEO Anne Mulcahy is stepping down after successfully turning the company around, and now handing the reins over to Ursula Burns, the current president. Burns rose through Xerox the old-fashioned way from a summer engineering intern in 1980 to now become the first black female CEO of a Fortune 500 company. This is a powerful reminder that we need to make sure that the latest meltdown does not seriously set back real estate industry’s attention to making progress on the diversity front. Did you copy that?

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Job Opportunities NEW BOSTON FUND, INC.Northeast Regional Director/SVP(BOSTON) To lead our Northeast initiatives or expansion; source and identify direct investment opportunities and joint venture/equity partners. JONES LANG LASALLEVice President, Transaction Manager(NEW YORK CITY) The VP will be involved in fast-paced retail transaction negotiations, analysis, communication, collaboration and organization with a ‘client first’ mindset. Want to continue reading? Become a Free ALM Digital Reader. Once you are an ALM digital member, you’ll receive: Unlimited access to GlobeSt and other free ALM publications Access to 15 years of GlobeSt archives Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications 1 free article* every 30 days across the ALM subscription network Exclusive discounts on ALM events and publications Register Now *May exclude premium content Already have an account? Sign In Now NOT FOR REPRINT © 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing. share on facebook share on twitter Trending Stories Interest Rates May Not Be High Enough: Vanguard How Dollar Strength Can Affect Industrial CRE ‘Upzoning’ & Affordable Housing: Correlation Does Not Equal Causation Minneapolis Most Searched Market for Fourth Month in a Row Medical Outpatient Buildings Are a Good Segment for CRE   Recommended Stories ICSC Las Vegas Kick Off: Unveiling the Latest Insights from Retail Powerhouses Natalie Dolce | April 22, 2024 The 2024 edition of the colossal ICSC Las Vegas convention is gearing up and GlobeSt.com chats with a few expert sources on their expectations and predictions for the show. Capital Constraints a 'Forced Pause' on Multifamily Development Jack Rogers | April 22, 2024 The withdrawal of traditional lenders from the market has coincided with a steep escalation of construction costs. "We're Not in Kansas Anymore" Jack Rogers | April 18, 2024 Wishful thinking yields to sober reality as the new normal in CRE, said panelists at the recent GlobeSt. Spring Net Lease conference. Resource Center Guide Sponsored by HqO How to Develop a Real Estate Experience (REX) Strategy for Your Tenants Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention. Browse More Resources › Guide Sponsored by Building Engines How to Choose the Right Building Operations Tech to Boost Your NOI Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit. Browse More Resources › White Paper Sponsored by Placer Labs Inc. Office Recovery in Major Cities: Uncovering the State of Return to Office Discover the latest data-driven insights and trends in the state of office recovery post-COVID. Browse More Resources › GlobeSt Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now! Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. Exclusive discounts on ALM and GlobeSt events. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. Already have an account? Sign In Now Follow Us On About GlobeSt Contact Us Site Map Advertise With Us Asset & Logo Licensing Terms of Service Privacy Policy Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.