The global media company focused on business and investment Forbes has published their list of America’s 100 Most Innovative Leaders, with only one woman making the list. Ross Stores CEO Barbara Rentler was in the seventy-fifth position of the line-up that includes tech giants such as Mark Zuckerberg and Jeff Bezos.
Social media was calling out the fact that there was only one woman in the list. “Not even a photo of Barbara Rentler”, one Twitter user posted after looking at the imbalanced line-up. TIME Magazine’s editor-at-large Anand Giridharadas also criticised the ranking on this social media platform.
A male consultant Curtis Lefrandt and two male business school professors Jeff Dyer and Nathan Furr were in charge of make the list.
They assessed “media reputation for innovation, social connections, track record for value creation and investor expectations for value creation” and measured the leadership qualities of top American CEO and founders. The Forbes ranking was limited to include only firms with more than $10 billion market value.
Forbes’ editor Randall Lane has replied to the outcry on the publication’s website, saying, “The core social message – that Forbes editors picked 100 innovative leaders, while including only one woman – would anger me too”.
“Women, as we all know, are poorly represented at the top of the largest corporations (just 5 per cent of the S&P 500) and fare even worse among growing public tech companies. In other words, for all our carefully-calibrated methodology, women never had much of a chance here”, he added.