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Glass ceiling hits plateau for California business women




Chief operating officer of Facebook Sheryl Sandberg speaks onstage at the FORTUNE Most Powerful Women Summit on October 16, 2013 in Washington, DC.
Chief operating officer of Facebook Sheryl Sandberg speaks onstage at the FORTUNE Most Powerful Women Summit on October 16, 2013 in Washington, DC.
Paul Morigi/Getty Images for FORTUNE

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The gains of California's women business leaders has flat-lined for a straight decade, according to the latest annual study on the subject from UC Davis. Researcher Amanda Kimball examined the 400 most successful companies in California, which includes global powerhouses such as Wells Fargo, Yahoo! and Mattel. She found women hold just one in nine of the executive and board positions and earn less than their male counterparts - about 74 percent of men's earnings.

Some firms do stress gender diversity at the top. The 25 companies with the greatest gender diversity are also the highest earning, with greater annual revenue and net income. Still, correlation does not prove causality, so which came first? As for ethnicity, 90.6 percent of women directors are Caucasian, 4 percent Asian, 3.4 percent African American and 2 percent Latina.

During what years did women make the most gains in business leadership? What were the drivers then? What has changed?

Guests:

Amanda Kimball, Author of UC Davis Study of California Women Business Leaders

Elizabeth “Liz” Fetter, Five-time CEO in the Bay Area; Fetter has led software, telecom and technology businesses ranging in size from early startup to $5 billion in revenue.