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The key to more female CEOs: More female board members

The key to more female CEOs: More female board members

Finance
The number of female Fortune 500 CEOs is shrinking You've seen the headlines about the lack of female leadership, the challenges women overcome to reach the C-suite and the dwindling numbers of women at the top. Some companies are testing out structured mentoring, empowerment programs and ambition summits to fix the problem and correct gender imbalances. But other experts say this may not be a bottom-up problem as much as a top-down one, which begins with a startling lack of diversity on company boards. Related: Why it matters so much every time a woman CEO leaves A majority of companies in the S&P 500 have at least one woman on their boards, but only 25% have two, according to a recent study from PwC. In order for boards to appoint more female CEOs, there first ...
Suspected pirates kidnap Dutch cargo ship crew members near Nigeria

Suspected pirates kidnap Dutch cargo ship crew members near Nigeria

World
April 24 (UPI) -- Suspected pirates boarded a Dutch-flagged cargo ship near the Nigerian coast, the ship's managing company said Monday.The suspects kidnapped 12 of the 14 crew members on board FWN Rapide on Saturday near Port Harcourt, ForestWave Navigation BV said.Two others crew members were uninjured and moved the vessel to a safe location, the company said. ForestWave commended the two for their "courageous and professional handling" of the incident."ForestWave would like to stress its main priority is to establish contact with the missing seafarers and secure their earliest and secure return," the company said in a statement. "The company's Emergency Response team is working around the clock and is liaising with the local and international authorities."The ship was traveling from Tak...
New space station crew members are en route after Sunday blastoff

New space station crew members are en route after Sunday blastoff

Science
Dec. 17 (UPI) -- Members of Expedition 54 are on their way to the International Space Station after the Russian Soyuz rocket and spacecraft successfully launched from the Baikonur Cosmodrome in Kazakhstan on Sunday morning.The craft is carrying commander Anton Shkaplerov, NASA flight engineer Scott Tingle and Japanese astronaut Norishige Kanai.The Soyuz-FG rocket blasted off at 2:21 a.m. ET, 1:21 p.m. local time. Nearly nine minutes after liftoff, the rocket's upper stage powered off its boosters and released the Soyuz-MS spacecraft into space.The craft will deliver the space station's newest inhabitants on Tuesday. It will be received by the Earth-facing docking port on the station's Russian Rassvet module.Upon arrival, Shkaplerov, Tingle and Kanai will join Expedition 54 Commander Alexan...