Maersk Considering Female CFO Amid Gender Gap in Top Management

By Christian Wienberg (Bloomberg) -- A.P. Moller-Maersk A/S is considering hiring its first female chief financial officer, as the century-old conglomerate seeks to make up for a widening gender gap in top management. Shipping is a traditionally male-dominated industry and may help explain why Maersk still has the second-worst gender balance ratio among major … [Read more...]

Oil Industry’s Female Pay Gap Is Worse Among Offshore Explorers

By Angelina Rascouet (Bloomberg) -- Being a top female earner for a major integrated oil company is a rarity, but among the smaller explorers and producers it’s even more of an anomaly. Only 5 percent of people in the top pay quartile at the U.K. operations of Premier Oil Plc were women, according to figures the North Sea-focused explorer submitted to the … [Read more...]

Global Shipping Industry Failing to Fill Gender Pay Gap

By Alexander Whiteman (The Loadstar) - Ethical and moral standards notwithstanding, companies boasting mixed boards can boast higher profits. Sadly, according to a study conducted by HR Consulting, the global shipping sector seems to have failed to recognise the benefit women bring to executive positions. A poll of 40 companies within the sector revealed less than 1% … [Read more...]