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Article: MORE WOMEN STALLED ON CORPORATE LADDER.(Focus)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- August 10, 2008
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Copyright informationCOPYRIGHT 2008 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of Thomson Scientific by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: THE ECONOMIST
When Alcatel-Lucent, the ailing Franco-American telecoms company, bid a less-than-fond adieu to Patricia Russo last week, French business lost one of its most prominent female chief executives - even if she was "une americaine."
In Russo's native country, two senior women on Wall Street also have walked the plank: Last November, Morgan Stanley fired Zoe Cruz, one of the bank's two co-managing directors, and in June this year Erin Callan, the chief financial officer of Lehman Brothers, was ousted from her role.
In one sense, those departures are not exceptional: Rarely a day goes by in the current economic downturn without an announcement that ...