Top 50 Companies For Women Execs Named

TAMPA, FL -The National Association for Female Executives (NAFE) has named its Top 50 Companies and 10 Nonprofits for Executive Women. The list recognizes organizations whose policies and practices encourage women’s advancement and whose numbers at the highest levels of leadership demonstrate that commitment.

This year marks an important milestone: At the 2011 NAFE Top Companies, women executives run 23 percent of operations that generate more than $1 billion in revenue. “Women have long struggled to reach the highest ranks in a male-dominated business environment, but with the growing profitability of companies with women in the top ranks, that is changing,” said Dr. Betty Spence, NAFE president. “Today, employers reward the skills that women bring and demand them of men, as well.”

AFE will honor each of the Top Companies at a gala luncheon March 30 at

Cipriani 42^nd Street

in New York City. Prior to the luncheon, senior women executives who have profit and loss responsibilities at the NAFE Top Companies will meet at the closed-door NAFE Roundtable to discuss critical business issues. A report will be published in NAFE magazine.

Methodology: The 2011 NAFE Top Companies application includes 225 questions on such topics as female representation, hiring, attrition and promotion rates; access and usage of key retention and advancement programs such as mentoring, executive coaching, networking and sponsorship; company culture; and manager training and accountability. The application draws particular attention to the number of women at the highest ranks and those with profit-and-loss responsibility. To be considered for the NAFE Top Companies for Executive Women, companies must have a minimum of two women on their board of directors, as well as at least 500 employees in the United States.

About NAFE

The National Association for Female Executives (NAFE), founded in 1972, serves 20,000 members nationwide with networking, tools and solutions to strengthen and grow their careers and businesses. NAFE magazine publishes the annual Top Companies issue and the annual Women of Excellence issue. NAFE.com provides up-to-date information, community for women in business and access to member benefits. NAFE is a division of Working Mother Media and Bonnier Corporation.

The full list is as follows:

Abbott
Accenture
Aetna
Allstate Insurance Company
American Electric Power
American Express Company
AOL Inc
AstraZeneca
AT&T
Bank of America
Boehringer Ingelheim Pharmaceutical USA
Bristol-Myers Squibb
Cisco
Citi
Colgate-Palmolive Company
DuPont
Eli Lilly and Company
Fleishman-Hillard Inc.
General Mills
HCA Virginia Health System - Richmond Market
HSBC North America
IBM Corporation
Intel Corporation
Johnson & Johnson
KPMG LLP
Kraft Foods, Inc.
Macy's Inc.
Marriott International, Inc.
McDonald's Corporation
McKinsey & Company
Merck
MetLife, Inc.
New York Life Insurance Company
Northern Trust
Office Depot
Pfizer Inc
Pillsbury Winthrop Shaw Pittman LLP
Prudential Financial, Inc.
Sodexo
State Farm Insurance
Texas Instruments Incorporated
The New York Times Company
The PNC Financial Services Group, Inc.
The Principal Financial Group
The Procter & Gamble Company
Verizon Communications Inc
Wal-Mart Stores, Inc.
WellPoint, Inc
Wyndham Worldwide
Xerox Corporation

2011 NAFE Top Companies for Executive Women Non-Profits
Bon Secours Richmond Health System
March of Dimes Foundation
Mercy Health System
MidMichigan Health
Moffitt Cancer Center
Northwestern Memorial HealthCare
TriHealth
VCU Health System
WellStar Health System
Yale-New Haven Hospital