According to a new report, women are 32% more likely to serve as the company’s president before becoming CEO

– Pass to the top. On the way to top-tier CEO positions, women often take additional steps. New analysis By the EOS Foundation.

All over the S&P 500, female CEOs were 32% more likely to spend their time in their role as president before being nominated as CEO. City Chief Jane Fraser, Clorox CEO Linda RendleADP Chief Maria Black, and Otis Chief Judith Marks are just a few of the women who stopped as president on their way to the top.

The man skipped that step more often, going directly from leading a business unit to becoming CEO. 29% of male CEOs came out of business work, but only 23% of female CEOs did it (Accenture CEO Julie Sweet Expedia CEO Arian Gorin There are two of them).

17% of men went from COO to CEO, but only 8% of women did like AMD Chiefs Lisa is). CFOs are one role that has proven to be a solid firing pad for women. 10% of female CEOs were CFOs in advance ( Best Buy CEO Cory Barry), only 6% of male CEOs.

The extra steps women are heading towards CEOs “indicating further needs to go further to prove they are ready for top job,” says Andrea Silbert, president of the EOS Foundation. “One possibility is that some business committees or CEO employment committees recognize women as having additional risks and hope to serve as president before considering the CEO role,” she adds.

This analysis of the pathways women take to CEOs shed some light on why women are You are less likely to move yourself forward For work without feeling fully qualified. “Women may actually be acting rationally,” Silvert says. “The truth is, we need to qualify more to move forward.”
 

Emma Hinchliff
Emma.Hinchliffe@Fortune.com

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