–Multifamily Real Estate Company Recognized Alongside Kellogg, Target, and Marriot International for Programs and Hiring Practices that Support Women’s Advancement–
GREENBELT, Md., March 7, 2018 — The Bozzuto Group has been named one of the Top Companies for Executive Women by the National Association for Female Executives, which recognizes American corporations where women have significant clout to make the decisions that affect their company’s future and its bottom line. The NAFE Top 70 Companies, released today, is featured in April/May issue of Working Mother. The full report on this year’s winners are listed here.
“Greater presence of women in leadership positions is absolutely critical to advancing gender equity in the workplace, and we do not take that responsibility lightly. Embracing diversity of thought, background and culture has been part of the fabric of The Bozzuto Group since our founding,” said Bozzuto President and CEO Toby Bozzuto. “Increased representation, visibility and access to women leaders will create change in workplace policies in ways that benefit both men and women, inspire creativity and innovation, and attract a more diverse workforce.”
Subha V. Barry, senior vice president & managing director, Working Mother Media, says, “NAFE’s Top Companies shows us what progressive organizations are doing to ensure women’s advancement into executive positions. This year, noting increased enrollment and more companies with high scores, we decided to enlarge the list by 10. Areas such as number of female CEOs and promotions at every level illustrate improvement. However, while there is increased CEO engagement in making sure women have the best chance to become leaders, we also note there has also been a dip in key indicators like top earners, which needs to be addressed.”
About the Methodology
The 2018 NAFE Top Companies application includes some 200 questions on female representation at all levels, especially the corporate officer and profit-and-loss ranks. The vetting process includes tracking access and usage of programs and policies that promote the advancement of women as well as the training and accountability of managers in relation to the number of women who advance. In order to be eligible for the NAFE Top Companies survey, entrants must have a minimum of 1,000 employees, two women on the Board of Directors and be a public or private company. NAFE also separately names the Top 10 companies in the nonprofit sector.
The Bozzuto Group is an experience-focused real estate company that is continually celebrated for its developments, customer service and workplace culture. With an expertise in homebuilding, multifamily development, construction and management for itself and its clients, Bozzuto is devoted to crafting extraordinary experiences.
Founded in 1988, Bozzuto has developed, acquired and built more than 42,000 homes and apartments. Currently, it manages more than 65,000 apartments and 2.2 million square feet of retail space along the East Coast between Miami and Boston, in the Northeast and Chicago. With an annual volume of $500M, Bozzuto Construction is one of the largest general contractors in the Mid-Atlantic region. www.bozzuto.com
The National Association for Female Executives (NAFE), founded in 1972, serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses. Working Mother magazine publishes the annual NAFE Top Companies list. NAFE.com provides up-to-date information, a community for women in business, and access to member benefits. NAFE is a division of Working Mother Media, owned by the Bonnier Corporation.
Chintimini M. Keith
Director of Corporate Communications and Marketing