November 16, 2021 (Washington, D.C.) — Bozzuto was named to Seramount’s 2021 Top 75 Companies for Executive Women list today, marking the company’s third appearance on this, the most definitive list of top workplaces for women who want to advance through the corporate ranks. The list celebrates companies that champion women’s advancement, with a focus on succession planning, profit-and-loss role, gender pay parity, support programs and work-life balance programs.
Seramount continues to explore ways organizations can move more women into top positions, while highlighting the successes at these trailblazing companies.
“To have made this list for a third time is incredibly humbling. At Bozzuto, we strive every day to cultivate a welcoming and inclusive workplace where people of all backgrounds can thrive and succeed,” said Julie Smith, Chief Administrative Officer for Bozzuto. “We are proud to, once again, join this impressive list of companies who are deeply committed to diversity, equity and inclusion.”
Highlights of the 2021 Top 75 Companies for Executive Women include:
- The percentage of women corporate executives increased 3 percentage points to 34 percent versus 31 percent in 2020. Female board of directors also increased 5 percentage points to 36 percent from 31 percent in 2020.
- Female executives responsible for divisions worth more than $1 billion increased to 37 percent from 30 percent in 2020.
- Corporate executives with P&L responsibilities increased 3 percentage points to 30 percent versus 27 percent in 2020.
- Sixty-eight percent of the Top 75 Companies for Executive Women offer formal sponsorship, up from 60 percent in 2020.
The full list of companies can be found HERE.
“Our 2021 Top 75 Companies for Executive Women initiative reveals encouraging increases in the number of women who are in senior leadership roles and running major divisions,” says Dr. Betty Spence, Head of Women’s Advancement at Seramount. “We have noted a correlation between these increases and new emphasis placed on formal sponsorship programs at 68 percent of the Top Companies, and we applaud their efforts in ensuring that women have advocates for their advancement.”
The 2021 Top 75 Companies application includes more than 200 questions on topics including female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks. The application, based on 2020 data, tracks and examines how many employees have access to programs and policies that promote advancement of women and how many employees take advantage of them, plus how companies train managers to help women advance. To be considered, companies must have a minimum of two women on their boards of directors, a US-based CEO, and at least 500 US employees.
Bozzuto is an experience-focused real estate company distinguished by its innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.
Since its founding in 1988, Bozzuto has developed, acquired, and built more than 50,000 homes and apartments. Celebrating 33 years of creating sanctuary, Bozzuto currently manages 85,000 apartments and 3 million square feet of retail space across the U.S.
Seramount, now part of EAB, is a strategic professional services firm dedicated to advancing diversity, equity, and inclusion in the workplace. Over four decades, partnering with some of the most iconic companies in the world, we’ve built a deep, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Our comprehensive DE&I toolkit includes actionable research and insights, membership, strategic guidance and consulting, and inspiring events, meeting each client’s needs no matter where they are on their journey and guiding them along an ever-changing landscape. Seramount has empowered over 450 organizations to realize the business benefits of diversity, equity, and inclusion. Learn more at seramount.com.