Six powerful women executives in IT Industry

Today we are going to look at the executive world of hi-tech. What is the reason there are so few leaders in High tech industries? Women pathed their way to most of the industries on this planet. Yet, statistics show that this example remains isolated, as women are still largely under-represented at the executive level in science, technology, engineering, and mathematics.

“Unfortunately, there are still institutional gender barriers in today’s workplace that prevent women from holding high-level executive positions,” said David Matsa, assistant professor of finance at Northwestern University’s Kellogg School of Management.

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The 2017 Fortune 500 which includes this year’s Record Number of Women CEOs we can clearly see the gap in numbers of man and woman executives.  After dropping to 21 last year, the number of women CEOs in the US on the Fortune 500 has increased from 21 to 32. That’s a new record: The 2017 ranking includes more female chiefs than any previous list since the first Fortune 500 ran in 1955. There are two ways to look at that news. On one hand, the increase means that women are progressing up the American corporate ladder. On the other, 32 is still very, very low—just 6.4% of the list—and in no way representative of the wider population. In Europe, this number turns around. According to Alison Konrad at the Richard Ivey School of Business at the University of Western Ontario, and Margaret Yap from the Ted Rogers School of Management at Ryerson University researchers this problem is linked to a “sticky floor” dynamic.It means that women find difficulty being promoted at lower and middle levels of the company, which leads to fewer potential executives in the future. The situation in Europe seems to be a little bit better, as the companies try to enforce woman leadership. However, it is still quite difficult for women in Asia, Africa, and the Middle East.

 

This year again woman are largely unrepresented on the hi-tech floor, while only 6 of 100 wealthiest executives and entrepreneurs are women. With $ 27.6 billion worth, which gives an average of $4.6 billion. It may seem huge, however, that’s only a small drop in the ocean of the wealthiest male hi-tech executives. It’s basically half average of the top 100, with Bill gates estimates at $86 billion, Mark Zuckerberg $56 billion and Jack Ma $28.3 billion. These tech executives have come a long way. Today we will present you 6 richest and most influential women in the world of-hi-tech.

Wang Lain Chun

6. $2.6 billion – Wang LaiChun (China)

Wang Laichun chairs electronics manufacturer Luxshare Precision Industry, a producer of electronics connectors that counts Apple as a customer. She worked for 10 years for Taiwan billionaire Terry Gou’s Hon Hai Precision Industry (also known as Foxconn). She left in 1999 and in 2004 teamed up with her brother Laisheng to buy Luxshare; he is now vice chairman.

AGE 50
SOURCE OF WEALTH electronics components, self made
RESIDENCE Shenzhen, China
CITIZENSHIP China
MARITAL STATUS Married
EDUCATION EMBA, Tsinghua University
ON FORBES LISTS #94

Meg-Whitman-2

5. $3 billion – Meg Whitman (USA)

Meg Whitman is best known for taking eBay from $5.7 million to $8 billion in sales as CEO from 1998 to 2008. CEO of Hewlett Packard Enterprise, she was also CEO of Hewlett-Packard from 2011 to 2015, when she oversaw its split into HP Inc. and HPE. A former Hasbro and Walt Disney executive, she sits on the board of Procter & Gamble. She graduated from Princeton with a degree in economics and earned her MBA from Harvard.

AGE 61
SOURCE OF WEALTH eBay, Self Made
CITIZENSHIP United States
MARITAL STATUS Married
EDUCATION Bachelor of Arts / Science, Princeton University; Master of Business Administration, Harvard Business School
ON FORBES LISTS #12

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4. $3.4 billion – Judy Faulkner (USA)

Judy Faulkner founded America’s leading medical-record software provider, Epic, in a Wisconsin basement in 1979. Faulkner, a computer programmer, is still CEO of the $2.5 billion (2016 sales) company. Epic supports the medical records of over half the American population and is used by top medical centers including Johns Hopkins and Mayo Clinic

AGE 74
SOURCE OF WEALTH health IT, Self Made
RESIDENCE Madison, Wisconsin
CITIZENSHIP United States
MARITAL STATUS Married
EDUCATION Bachelor of Arts / Science, Dickinson College; Master of Science, University of Wisconsin
ON FORBES LISTS #80

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3. $4 billion – Denise Coates (UK)

Denise Coates is co-CEO of Bet365, one of the world’s largest online gambling companies, along with her billionaire brother, John. She started out working for her father, crunching numbers in his betting shops while still in school. After training as an accountant, she took over some of those shops, turning around their fortunes before selling them to large bookmaker Coral. Noting the success of online gambling businesses, Coates bought the domain Bet365.com in 2000 and launched the website in 2001. She owns around half of privately held Bet365, which had $2 billion in revenues and facilitated $45 billion in bets in the year through March 2016.

AGE 50
SOURCE OF WEALTH online gambling, Self Made
RESIDENCE Stoke-on-Trent, United Kingdom
CITIZENSHIP United Kingdom
MARITAL STATUS Married
ON FORBES LISTS #69

2_12. $5.2 billion – Lam Wai Ying (China)

Lam is the wife of Yeung Kin-man, the founder and chief executive of Biel Crystal Manufactory. Lam, Biel’s chairman, owns 49% of the business; Yeung holds 51%. Biel is a supplier of smartphone touchscreens to Apple that employs 100,000 people in mainland China.

SOURCE OF WEALTH smartphone screens, Self Made
RESIDENCE Hong Kong, Hong Kong
CITIZENSHIP Hong Kong
MARITAL STATUS Married

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1. $12.6 billion – Zhou Qunfei (China)

Zhou Qunfei chairs Lens Technology, a smartphone screen supplier whose customers include Apple, Samsung, LG, Microsoft and Nokia. A migrant factory worker as a teenager, Zhou has gone on to become one of the world’s richest self-made women. Zhou first took the plunge as an entrepreneur in 1993 when she set up a watch parts company with relatives in an apartment in Shenzhen. Lens Technology went public on the Shenzhen Stock Exchange in March 2015.

AGE 47
SOURCE OF WEALTH smartphone screens, Self Made
RESIDENCE Hong Kong
CITIZENSHIP Hong Kong
MARITAL STATUS Married
ON FORBES LISTS #13

Do you know how can we empower women and what benefits women can bring into the IT Industry? Let’s discuss it int he comments below!


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