Pillsbury has been named one of the 2019 NAFE Top Companies for Executive Women by the National Association for Female Executives for the seventh time. Each year, NAFE recognizes U.S. corporations where there is a strong focus on effective best practices for moving women to senior ranks, including through mentoring, sponsorship, employee resource groups and leadership training. The list also highlights company benefits, including flexibility and corporate culture, as well as CEO involvement in advancing women. The NAFE Top 70 Companies is featured in the April/May issue of Working Mother.

“Pillsbury is very proud to continually be honored among some of the most recognizable companies in the world for developing and promoting women lawyers,” said Stacie Yee, Pillsbury’s Executive Chair of Diversity & Inclusion. “The firm’s commitment to advancing women to leadership roles is a key piece of our culture, and we’re grateful to be acknowledged as one of only a few law firms on this prestigious list.”

Highlights of the 2019 NAFE Top 70 Companies report include:

  • Female representation among CEOs at the NAFE Top 70 companies increased five percentage points to 19 percent this year, outpacing the S&P 500.
  • The percentage of women on the boards of directors at the NAFE Top 70 companies increased two points to 32 percent, up from 30 percent in 2018. S&P 500 held steady year over year at 21 percent.
  • Female executives responsible for divisions worth more than $1 billion increased from 21 percent to 26 percent in the past year.

“The 2019 NAFE Top Companies continue to tell a progressive story about what organizations are doing to move women up into executive positions,” says Subha V. Barry, president of Working Mother Media. “While the results are encouraging, there is still much work to do. There are still too few women serving as CEOs, managing large asset portfolios, and seated on boards of directors, but the NAFE Top Companies are paving the way for the advancement of women."

The 2019 NAFE Top 70 Companies are chosen based on responses to more than 200 questions on topics including female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks. NAFE examines how many employees have access to programs and policies that promote the advancement of women and how many take advantage of them, in addition to how companies train managers to help women advance.

Pillsbury takes great pride in its steadfast commitment to building a diverse and inclusive culture. The firm was among the first to promote women to partnership and the first large, national firm in the U.S. to elect a woman as its top leader. Year after year, Pillsbury’s inclusion efforts are recognized by Vault.com, the National Association of Female Executives and the Human Rights Campaign, among other organizations. The firm earned the 2017 Law Firm of the Year Award from Chambers Women in Law for furthering women’s career progression. To learn more about Pillsbury’s inclusive culture, click here.