Valassis Named a ‘Top 50 Company for Executive Women’ by Association
Carol Evans, president of Working Mother Media and CEO of NAFE, says, “The NAFE Top 50 Companies are major employers that are committed to hiring, retaining and promoting executive women. They represent a cross-section of companies that go way beyond lip service in helping women succeed. Almost seven out of 10 companies require their managers to receive training on how to hire, advance or manage women. Manager accountability is the main ingredient for success.”
A newly released report revealed that women hold nearly one in four positions at the top companies (23 percent) overseeing divisions with more than $1 billion in revenue. The new report, conducted by the Working Mother Research Institute, also finds that women hold 23 percent of all board of director seats at the top companies compared with 16 percent across the Fortune 500.
On March 30, 2012, NAFE will host its 40th annual gala awards luncheon in New York City.Suzie Brown, Valassis Executive Vice President of Sales and Marketing, will participate in a special Executive Women Roundtable event at the recognition ceremony. To honor the 40th anniversary of NAFE, the results of the NAFE Top Companies for Executive Women initiative will be published in Working Mother magazine’s February/March 2012 issue; visit www.workingmother.com.
The 2012 NAFE Top 50 Companies application includes more than 250 questions on topics including female representation, hiring, attrition and promotion rates, access and usage of key retention and advancement programs. The application draws particular attention to the number of women at the highest ranks and those with profit-and-loss responsibility. To be considered, companies must have a minimum of two women on their board of directors as well as at least 500 employees in the United States.
Valassis is one of the nation’s leading media and marketing services companies, offering unparalleled reach and scale to more than 15,000 advertisers. Its RedPlum media portfolio delivers value on a weekly basis to over 100 million shoppers across a multi-media platform—in-home, in-store and in-motion. Through its digital offerings, including redplum.com and save.com, consumers can find compelling national and local deals. Headquartered in Livonia, Michigan with approximately 7,000 associates in 28 states and eight countries, Valassis is widely recognized for its associate and corporate citizenship programs, including its America’s Looking for Its Missing Children program.