Premier retailers Federated Department Stores Inc announced that the company has been named among the top ten in the National Association for Female Executives (NAFE) "Top 30 Companies for Executive Women."
In naming its top companies, NAFE looks beyond corporate programs and policies, purportedly dedicated to advancing women, to their results - examining the number of women in the company overall, in senior management, and on its Board of Directors.
NAFE also scrutinized how well represented women were among the company's top earners.
At Federated, parent company of Macy's and Bloomingdale's, about 70 percent of management positions are filled by women - and in senior management ranks, more than 50 percent.
Three women serve on Federated's Board of Directors.
Federated and Procter & Gamble are the only Ohio-based companies to make the list.
A complete list is available at www.nafe.com.
"They are proud of the women represented at all levels of Macy's and Bloomingdale's, from the senior-most P&L positions and other key decision-making roles to their sales associates," said Corliss Fong, Operating Vice President for diversity management at Federated.
"These women are essential to their success in the marketplace: in providing the best shopping experience for their customers, creating the best work environment for their employees, and inspiring the best results for their business."
NAFE, founded in 1977, is the largest women's professional and business association in the country, and publishes NAFE Magazine.