The press has been buzzing with news of the recent hire of Yahoo CEO Marissa Mayer who, at 37, appears to be the first Fortune 500 CEO to be hired while pregnant, the youngest Fortune 500 CEO in history and only the twentieth female Fortune 500 CEO.
I read a story on CNN’s Management and Career blog about how she is also one of the few examples of successful businesswomen who “fully owns her femininity.”
What does this mean? I am intrigued by how enthralled we seem to be with this woman’s story. I understand that she is only the twentieth female to head a Fortune 500 company. And 37 is young for such a high-level position.
I certainly hope that she excels in the role and serves as a model to young women everywhere.
But the water cooler debates have been raging. I have heard discussions regarding whether Yahoo will regret its decision or whether Ms. Mayer will be able to handle the pressures, especially with a young child. And now, it seems, the press has moved on to debate her clothing choices.
As far as women have progressed in business, and there is no question that women have broken through many glass ceilings, it is clear that women still face significant gender biases in the workplace.
Marissa Mayer is being examined like a rare specimen in a museum and Yahoo is under intense scrutiny. Who is this unique creature? And what company would make such a bold decision?
I don’t see Ms. Mayer taking the helm of Yahoo as an iconic event. I know plenty of 37 year olds at the top of their careers who want children and plan to start a family after age 35. This is a trend I have discussed before, where women put off having children until they feel their career is where they would like it to be.
I am quite confident we will see more of this type of female leader in the future as the next generation reaches their potential. There was a thoughtful article called Marissa Mayer: Are the Rest of Us Shooting Too Low?, in the Forbes Magazine Work In Progress Blog about the conflict many women face when making choices about their personal potential.
With time, the media will probably continue to report on the woman’s hair and clothing – I suppose they need to report something. But I hope that the simple fact that a woman who is named CEO of a Fortune 500 Company is also going to be a mother will become yesterday’s news.
The more pertinent question is whether Marissa Mayer can lead Yahoo out of its recent slump. And if she is unable to do so, will her gender be cited as the reason for her failure? There have been several news stories questioning Ms. Mayer’s management style, so I don’t think that these questions are unfair.
Of course, these stories may come from a segment of society who generally believes that women are less competent leaders, so I will take these with a grain of salt and cheer her on from the sidelines.
What do you think? Do you think that this story deserves all the attention it has received in the press? Do you think that Marissa Mayer will be more likely or less likely to implement family-friendly policies at Yahoo? Why do you think the press feels a need to focus so much attention on the hairstyles and clothing of women in leadership positions, be they corporate CEOs or politicians? Do you think that we will reach a tipping point anytime soon where a female CEO will be less noteworthy? Why or why not? And what do you think about Yahoo’s choice to hire a 37 year old pregnant woman as their CEO at this challenging time?
I would love to hear your thoughts. Thank you for reading.
If you enjoyed this, you might also like:
Does Anyone Care About The Lack of Women in Leadership Positions? (newsofthetimes.org)
Sheryl Sandberg’s Top 3 Tips To Keep Women in High Level Positions (newsofthetimes.org)
Four Strategies to Achieve Higher Employee Engagement (newsofthetimes.org)