Few Aussie companies can boast a female chairperson of board

AUSTRALIA's top companies are facing a dearth of female talent, with just 4% of the ASX's top 50 companies appointing a female chairperson of the board.

New data released by recruitment firm Morgan McKinley found principles around encouraging a better mix of genders in Australian companies still had a long way to go.

The research commissioned by the ASX showed there was more progress in the country's top 200 listed companies which were more likely to release the level of diversity in their workforces.

But once compared to those top 50, it is a far gloomier picture.

Morgan McKinley joint managing director Louise Langridge said progress had been slow in improving the number of women in senior roles within major firms.

"Female representation in the Top 50 is still negligible when you look at the statistics but what has been pleasing to see is that this topic is now firmly on the agenda and getting more focus than we have seen in previous years," she said.

New figures from Morgan McKinley suggest top jobs in Australia's top 50 listed companies could be beyond the glass ceiling for many women.

Its research found women make up:

  • 2% of chief financial officers
  • 4% of board chairs
  • 6% of chief executive officers
  • 16% of senior leaders
  • 20% of board members