Freddie Mac has been named one of the 2019 NAFE Top Companies for Executive Women by the National Association for Female Executives, which recognizes companies that demonstrate effectiveness in moving women to senior ranks, including mentoring, sponsorship, involvement in employee-resource groups and leadership-development. The list also highlights company benefits, including flexibility, corporate culture, and CEO involvement in advancing women.
"We're honored to be recognized by NAFE for our commitment to women," said Dominica Groom Williams, head of Freddie Mac's Office of Inclusive Engagement. "It exhibits our continued commitment to achieve greater female representation and drive inclusion at all levels of Freddie Mac."
This is the 7th year that Freddie Mac has been recognized by NAFE as a top company for executive women.
"We're proud to be included in this list for a better part of a decade, which exemplifies that inclusive companies continue to raise the bar for success," said Groom Williams.
The 2019 NAFE Top 70 Companies application includes more than 200 questions on topics including female representation at all levels, but especially the corporate officer and profit-and-loss leadership ranks. The application tracks and examines how many employees have access to programs and policies that promote advancement of women and how many employees take advantage of them, plus how companies train managers to help women advance. To be considered, companies must have a minimum of two women on their boards of directors, a U.S.-based CEO, and at least 1,000 U.S. employees.
"In 2019, a woman's journey up the corporate ladder still differs from a man's, but the Top Companies stand out in their application of remedies," says NAFE president Dr. Betty Spence. "They are models of how to progressively move women into senior roles, as reflected in their strong representation in the leadership ranks."
The full report on this year's winners is listed here.