The rate of women being promoted into senior executive roles is slowing down, and experts warn a shaky labor climate and dearth of professional infrastructure are further exacerbating an already obstruction-filled pipeline for women to become CEOs.
At the Fortune Most Powerful Women Summit in Santa Barbara on Monday, Kelly Baker, executive vice president and chief human resources officer at financial services firm Thrivent, explained that there has been less of a focus on developing and recruiting women to join executive leadership. The slowdown is a by-product of a frenetic environment that has deprioritized cultivating these leaders.
