Alcatel-Lucent (ADR) (ALU)

skoobagain (< 20) Submitted: 6/06/08 10:22 AM

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so is your mother. what's your point?

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MenRBetter (81.77) Submitted: 6/13/08 12:02 AM

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Not-so-good year for female CEOs
http://www.usatoday.com/money/companies/management/2005-12-22-women-ceos-usat_x.htm

"This is going to go down as a miserable year for female CEOs of Fortune 500 companies.
Granted, women run fewer than 2% of Fortune 500 companies, which makes any analysis little more than a curiosity. And although this is the second consecutive year that women-led companies have trailed the market, female CEOs did very well for their shareholders in 2003, when their stocks on average outpaced the benchmark Standard & Poor's 500 index. But that was then, this is now, and 2005 can't end soon enough for women who are at the helms of large companies. Consider:

•Their numbers are dwindling. The number of female CEOs of Fortune 500 companies fell to seven from nine.

Sara Lee named as CEO Brenda Barnes, who heartened stay-at-home moms by rekindling her career to rise to the top of a food giant with $19 billion in revenue.

But three other women are gone, the most prominent being Carly Fiorina at Hewlett-Packard (HPQ), which had been the largest company ever run by a woman. Also gone: Pathmark Stores (PTMK) CEO Eileen Scott, and Marce Fuller of energy firm Mirant (MIRKQ).

•Their stock performance has been dismal. The year was even worse than 2004, when women-led companies lagged behind the S&P 500 by 6 percentage points. This year, the lag is 12 percentage points. The S&P is up 4.2%. Down are Sara Lee (SLE) (22%), Patricia Russo's Lucent (LU) (25%), Andrea Jung's Avon Products (AVP) (25%), Anne Mulcahy's Xerox (XRX) (12%) and Mary Sammons' Rite Aid (RAD) (3%). EBay (EBAY), an S&P 500 company approaching Fortune 500-size revenue, is down 24% this year under CEO Meg Whitman. "

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