Every year the number of women in the workforce grows by approximately 1 million.
- Catalyst

AMERICAN EXPRESS, AFLAC and WACHOVIA Among the "ELITE EIGHT": PINK Magazine's Inaugural List of TOP COMPANIES for WOMEN

ATLANTA, July 17, 2007—PINK magazine today announced its inaugural list of the Top Companies for Women, to be featured in the magazine's August-September issue.

Making up this year's Elite Eight companies for women are American Express Co., Heller Ehrman LLP, Kelly Services, Aflac Inc., FedEx Services, Grant Thornton LLP, Turner Broadcasting System Inc. and Wachovia Corp. Bebe Stores Inc. received an honorable mention.

After a comprehensive application and evaluation process involving many of America's finest companies, PINK recognized these eight finalists for their strong focus on the Four P's: Power (women in board seats and C-suites, and those with P&L responsibility); Pipeline (leadership training, mentoring and coaching programs to retain talented women and move them up the ranks); Pay (evidence of pay equity, including the number of women in the top 20 percent of company salaries); and People (a work culture that allows women to have a beautiful career and a beautiful life).

"When it comes to advancing women, these companies demand results, not rhetoric," says PINK's founding editor, Cynthia Good. "All companies would do well to adopt the best practices demonstrated by these firms, which are committed to advancing women in the workplace."

KPMG LLP, the U.S. audit, tax and advisory firm, sponsored PINK's Top Companies for Women and assisted PINK in compiling data from a 100-question survey of U.S. companies. KPMG agreed not to enter the competition to maintain fairness.

Why name top companies for women? Because corporate America is still a long way from parity when it comes to senior-level leadership, Good says. Among the Top 500 companies last year, for example, women represented 15.6 percent of corporate officers and 9.9 percent of the pipeline into those positions, according to Catalyst. In addition, women held 6.7 percent of top-earning jobs in 2006.

About PINK
PINK magazine features a new generation of America's most influential women who are doing great things in their work and in their lives – redefining success in the 21st century. Published seven times in 2007, PINK offers editorial content from award-winning writers and columnists in America's only national magazine dedicated exclusively to women's professional growth. Visit pinkmagazine.com for more information.

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