Over eighty percent of women say they are the primary grocery shopper, according to a study conducted by the Bureau of Labor and Statistics and Pew Research Center. However, only three out of the top fifty Consumer Packaged Goods (CPG) CEOs are women. The Consumer Products Leadership Index, published by Spencer Stuart in April 2023, reveals that just 23 percent of C-suite leadership roles are occupied by women in CPG companies, and only 14 percent of the C-suite P&L roles reporting to the CEO are held by women. This glaringly uneven representation underscores the urgent need for greater diversity.
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