LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!! - ARGOSUS
LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!! - ARGOSUS

LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!!

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LOOKING FOR BETTER FINANCIAL RETURNS FOR YOUR COMPANY? APPOINT A FEMALE EXECUTIVE!!

 

As the NMSDC Conference 2019 wraps up, an interesting study by S&P Global Market Intelligence finds out that Female CFOs brought in $1.8 trillion of additional cumulative profits when compared to male CFOs. When compared to male predecessors, companies saw, on average, a 6% increase in profits and an 8% better stock return within the first 24 months post-appointment.

 

 

Higher standards for women

 

Daniel Sandberg, senior director of quantitative research at S&P Global and author of the report, says: “The bar is a little bit higher for females. The result is that the male group that is a contender for an executive position is little over-fished, and the female contingent is under-utilized”.

 

 

Gender Diversity on C-Suite Positions

 

Female contenders for C-suite positions represent a relatively underutilized pool of talent, possibly attributable to a higher degree of scrutiny from the firms’ board of directors and consequently resulting in the tendency of females in C-suite positions to be more talented.

 

Over the time-horizon of the study, female CEOs saw more value appreciation and improved stock price momentum for their firms; whereas female CFOs drove more value appreciation, better defended profitability moats, and delivered excess risk adjusted returns for their firms.

 

 

Source: S&P Global.

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COVID-19 GUIDANCE

 Subject: To all visitors, drivers and transportation companies 

The purpose of the communication below is to align with our associates, to practice safe social distancing, and to comply with the COVID-19 guidelines within ARGOSUS. 

As an action to prevent dissemination of the COVID-19, ARGOSUS has decided to work in reduced hours as informed in one of our previous notifications; please read carefully the information below according to your location guidelines: 

Headquarter (Key Biscayne, FL): 

• To maintain 6’ social distancing, employees are not allowed to use the common living areas and work scales will be implemented. Visitors are not allowed. 

Distribution Center (Frankfort, KY): 

• If you need to proceed with a shipment or pick up, please get in touch with your customer service contact to schedule a time. 

• All drivers will always be required to wear a mask at all times within our site and will have limited access. 

• No one is allowed past the receiving and shipping area. 

• No one is allowed to use the common living areas. 

When ARGOSUS returns to full production the below safety precautions will be put into place for our associates, drivers and suppliers’ safety. 

Thank you for your support in keeping everybody safe during these unfortunate times. Our goal is always to keep everyone safe and healthy.