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Mary Kay Celebrates 10-Year Anniversary of Women’s Empowerment Principles

BY DSN Staff | July 14, 2020 | read / Daily News

Dallas-based Mary Kay, Inc. is celebrating the 10th anniversary of Women’s Empowerment Principles with a continued commitment to women’s leadership and inclusion.

According to World Economic Forum, at the current rate it will take 140 years to achieve gender equality in top leadership positions1 and 99.5 years to have a gender equal world2.

As workplaces across the globe gradually reopen amidst COVID-19 concerns, the fight for women’s empowerment in the public and private sectors continues.

“At a time when COVID-19 crisis has exacerbated women’s vulnerabilities and gender inequality, resulting in a ‘shadow pandemic,’3 Women’s Empowerment Principles offer critical benefits for everyone,” said Deborah Gibbins, chief operating officer at Mary Kay Inc. “I challenge our peers in business to make a public pledge to become gender equal. How? By hiring, developing and promoting women and by encouraging female leadership throughout their organizations. As the world gradually rebuilds and recovers from the impact of COVID-19, back to business should, more than ever, mean inclusive business.”

“We congratulate Mary Kay for taking their first step in their WEPs journey,” said Phumzile Mlambo-Ngcuka, executive director of UN Women. “We consider Mary Kay a key partner in closing the gender gaps in the workplace, marketplace and community and in advancing the Sustainable Development Goals.”

Watch the video statement from Deborah Gibbins, COO of Mary Kay here.

Gender Diversity for Global Workforce and Leadership at Mary Kay as of June 2020:

  • Employees: 61% Female
  • Executive team: 50% Female
  • VPs and above: 52% Female
  • Directors and above: 59% Female
  • Managers and above: 58% Female
  • Market leaders: 64% Female
  • Top 10 markets: 60% Female
1Women CEOs in Fortune 500 Company, 2019
2World Economic Forum, Global Gender Gap Report, 2020
3United Nations Secretary-General’s Policy Brief on The Impact of COVID-19 on Women, April 9, 2020
Posted in Daily News and tagged Deborah Gibbins, Gender Diversity for Global Workforce and Leadership, Mary Kay, Mary Kay Inc, Phumzile Mlambo-Ngcuka, UN Women, World Economic Forum.
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