Women in the Law
Female GCs at Fortune 500 Cos. Double in Last Decade
Posted Aug 7, 2008, 06:07 am CDT
By Molly McDonough
The number of top women lawyers at Fortune 500 companies has risen to 92 from 44 when the Minority Corporate Counsel Association first started counting nearly 10 years ago.
The state with the largest number of female GCs is New York, which has 14, followed by 11 in California, eight in Texas and seven each in Illinois and New Jersey, according to the Fulton County Daily Report.
The MCCA survey, which profiles several of the GCs, is featured in this month's Diversity & the Bar magazine.
Among those profiled are Margaret M. Foran of Sara Lee Corp., Joia M. Johnson of Hanesbrands Inc., Kathleen M. Cronin of CME Group, and Elisa D. Garcia C. of Office Depot, Inc.
"At a time when the U.S. financial markets are taking a beating and the economy is creating difficult times for our nation's top companies, it's encouraging to see that more women lawyers are serving as the chief legal officer to whom CEOs turn to lead the company through today's legal and regulatory challenges," Veta Richardson, MCCA's executive director, tells the Daily Report.
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