Women’s steady climb to CEO jobs and board seats is stalling amid a perfect storm of politics, economic uncertainty, and changing management tracks

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Claire ZillmanTue, December 23, 2025 at 5:10 PM GMT+1 8 min readIn late October, mortgage giant Fannie Mae announced its CEO Priscilla Almodovar was stepping down. The next day, defense contractor SAIC said it was parting ways with its CEO Toni Townes-Whitley. The following month, Walmart appointed its new CEO. and it was not chief executive of its international division, Kath McLay, who was thought to be a candidate.CEO exits and chief executive contenders not getting the top job are normal machinations of corporate C-Suites, but this year they’ve added up to a stark trend: the number of female CEOs in the Fortune 500, long on a steady climb, has plateaued, underscoring a broader trend in which corporate workplaces seem to be pushing women to the margins once again. In the new year, the Fortune 500, the largest U.S. companies by revenue, will have 54 women CEOs, one fewer than it had when the 2025 Fortune 500 list was published in June.Women’s momentum in gaining board seats has also slowed. Their share of board seats in the Russell 3000 and S&P 500 reached 30.3% and 34.3%, respectively, both records, according to The Conference Board. But the 0.1 percentage point year-over-year increase in women’s representation on Russell 3000 boards in the second quarter was the smallest uptick in over a decade, according to 50/50 Women on Boards and its data partner Equilar. At the same time, women’s share of new board appointments is declining. In the third quarter, women made up 22.5% of 448 new board seats in the Russell 3000, the lowest rate in more than ten years. “At this pace, the overall percentage of women on boards may begin to decline in upcoming quarters,” a Women on Boards report says.Ironically, part of the problem women are facing nowadays is that it’s no longer extraordinary for them to be in positions of leadership. But that has meant companies are deprioritizing—consciously or not—efforts that helped women get to where they are today. They may assume there’s a healthy pipeline of talent based on where we are today. Says Jane Edison Stevenson, global vice chair of board and CEO services at Korn Ferry, an organizational consulting firm: “If there isn’t a specific intentionality about making sure that spots are filled by women, then we could lose ground.”It would be easy to blame the slowdown in female leadership gains on companies removing or at least rebranding their diversity, equity and inclusion policies amid the Trump’s administration’s attack on DEI.And to some extent, that may be true, says Heather Spilsbury, CEO of 50/50 Women on Boards, a nonprofit focused on gender balance on corporate boards.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,932.05 +22.26 (+0.32%)Dow 3048,731.16 +288.75 (+0.60%)Nasdaq23,613.31 +51.46 (+0.22%)Russell 20002,548.08 +6.96 (+0.27%)VIX13.47 -0.53 (-3.79%)Gold4,502.80 -2.90 (-0.06%)Trending tickersBTC-USD Bitcoin USD 87,614.98 +172.55 (+0.20%)NKE NIKE, Inc. 60.00 +2.66 (+4.64%)GROQ.PVT Groq 29.78 0.00 (0.00%)AMCI AMC Robotics Corporation 9.35 +3.03 (+47.94%)ETH-USD Ethereum USD 2,942.99 -20.11 (-0.68%)PortfolioSign in to access your portfolioSign inTop gainersEWTX Edgewise Therapeutics, Inc. 27.29 +5.55 (+25.50%)PSNYW Polestar Automotive Holding UK PLC 7.40 +1.00 (+15.63%)TVTX Travere Therapeutics, Inc. 40.28 +4.92 (+13.91%)PSNY Polestar Automotive Holding UK PLC 17.18 +2.05 (+13.55%)PATH UiPath Inc. 17.16 +1.20 (+7.52%)Top losersASTS AST SpaceMobile, Inc. 78.05 -7.62 (-8.89%)HYMC Hycroft Mining Holding Corporation 24.96 -2.18 (-8.03%)QBTS D-Wave Quantum Inc. 27.52 -1.60 (-5.49%)BETA BETA Technologies, Inc. 30.12 -1.50 (-4.74%)PPTA Perpetua Resources Corp. 26.58 -1.12 (-4.04%)Most activeNVDA NVIDIA Corporation 188.61 -0.60 (-0.32%)PLUG Plug Power Inc. 2.1000 +0.0500 (+2.44%)TSLA Tesla, Inc. 485.40 -0.16 (-0.03%)INTC Intel Corporation 36.16 -0.19 (-0.52%)NKE NIKE, Inc. 60.00 +2.66 (+4.64%)Top economic eventsEarnings eventsMy earnings eventsEarnings events