Female CEO numbers stall as Epstein scandal exposes elite power imbalances

Female CEO numbers stall as Epstein scandal exposes elite power imbalances

Erik Holland
Erik Holland•
• 2 Min.
A map of Europe with varying colors representing the gender equality index for work in 2017, accompanied by explanatory text on the left side.

Female CEO numbers stall as Epstein scandal exposes elite power imbalances

The number of female CEOs in top corporate roles has barely changed over the past four years. In 2025, the FTSE 100 ended the year with just eight women leading companies—the same figure as in 2021. Despite some progress in mid-level positions, the highest ranks of business and politics remain overwhelmingly male.

Meanwhile, high-profile legal cases continue to highlight systemic issues. Two prominent figures, Andrew Mountbatten-Windsor and Peter Mandelson, were arrested in early 2025 over allegations linked to the Jeffrey Epstein scandal. The arrests follow ongoing scrutiny of powerful networks where women have long been marginalised or exploited.

Women now hold 11 percent of CEO positions in the Fortune 500—the highest share on record. Yet this figure still reflects slow progress. Between 2015 and 2025, female representation in the C-suite rose from 17 to 29 percent, but gains at lower management levels remained modest. Studies show that teams with gender balance perform better and report higher satisfaction, yet many organisations fail to act on diversity commitments.

Research also confirms that female leaders often outperform men in key traits, including transformational leadership. Appointing more women to senior roles could help break down stereotypes and shift workplace culture. However, diversity initiatives frequently operate in isolation, with little coordination or accountability.

The Epstein case has further exposed entrenched power imbalances. While Ghislaine Maxwell is serving a prison sentence for her role in child sex trafficking, most of Epstein's documented communications involved men discussing women in demeaning terms. Recent arrests of well-connected individuals suggest that scrutiny of these networks is intensifying.

Despite growing numbers of women entering professions at entry levels, barriers persist at the top. Many institutions still function as if male dominance is unchallenged, with little consequence for those who resist change.

The stagnation in female CEO numbers underscores how deeply inequality remains embedded in corporate structures. While some advancements have been made in mid-tier leadership, the slow pace of change at the highest levels suggests systemic resistance. Legal developments, such as the Epstein-related arrests, may force further accountability—but lasting progress will likely depend on sustained pressure for reform.

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