Magazine lists best firms for woman execs

August 20, 1998|By Judith Forman

The Gap, Nordstrom and Avon.

If you're thinking: "What are a woman's favorite places to shop?" -- well, guess again.

These three companies are profiled in the September issue of Working Woman magazine as part of its ranking of the top public companies for executive women.

The magazine rated public companies using such criteria as number of female directors, women in senior management positions, women at the level of vice president and above and the ratio of female managers to female employees. Also considered were company efforts to promote women to managerial positions, the quality of work-life programs and initiatives to enhance gender diversity at the executive level.

Magazine representatives expected a larger pool of companies to consider, said Managing Editor Nicola Godfrey, but many were knocked out of competition because they didn't have the prerequisite of two women on the board of directors.

The top 10 companies on Working Woman's list:

1. Avon Products, New York

2. Fannie Mae, Washington

3. Pitney Bowes, Stamford, Conn.

4. Proctor & Gamble, Cincinnati

5. Gannett Co., Arlington

6. Scholastic, New York

7. Gap, San Francisco

8. Knight Ridder, Miami

9. Nordstrom, Seattle

10. Sallie Mae, Reston

Pub Date: 8/20/98

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