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| Kate Swann's SPP role won't bolster number of women in boardroom | Kate Swann's SPP role won't bolster number of women in boardroom |
| (35 minutes later) | |
| It did not take Kate Swann, the highly respected former boss of WH Smith, to get a new job. Having left the high street retailer in June, she joins SPP, which operates food and drinks outlets in airports and railway stations, in September. Presumably part of her brief at SPP, owned by the Swedish private equity firm EQT, is to float the company on the stock market at some stage. Until then though, anyone hoping that she would re-emerge in a role that would help bolster the number of women running FTSE 100 companies – just three at the last count – will be disappointed. | It did not take Kate Swann, the highly respected former boss of WH Smith, to get a new job. Having left the high street retailer in June, she joins SPP, which operates food and drinks outlets in airports and railway stations, in September. Presumably part of her brief at SPP, owned by the Swedish private equity firm EQT, is to float the company on the stock market at some stage. Until then though, anyone hoping that she would re-emerge in a role that would help bolster the number of women running FTSE 100 companies – just three at the last count – will be disappointed. |
| But if the numbers of women in boardrooms are dire, at least the statistics are available. The same cannot be said about the gender balance on City trading floors. The independent commission on banking standards described the environment as "overwhelmingly male" and called on banks to audit the number of women employed there. The government, in its response to the commission on Monday, said banks should consider including this breakdown as a matter of "good practice" when rules come into force in October requiring more information about the gender mix at board, senior management and company level. It's a meek response to a sensible recommendation. | But if the numbers of women in boardrooms are dire, at least the statistics are available. The same cannot be said about the gender balance on City trading floors. The independent commission on banking standards described the environment as "overwhelmingly male" and called on banks to audit the number of women employed there. The government, in its response to the commission on Monday, said banks should consider including this breakdown as a matter of "good practice" when rules come into force in October requiring more information about the gender mix at board, senior management and company level. It's a meek response to a sensible recommendation. |