These alarming new findings, of course, add to an existing dearth of female leadership. In America, only one in four C-suite leaders is a woman, and only one in 20 is a woman of colour. This echoes the UK, where recent reports show that just seven per cent of CEOs are women and 50 per cent of FTSE All-Share ex350 have all-male executive leadership teams. These statistics are compounded by the state of the pipeline for women in the workplace. The absence of women in middle management – an issue which, for the eighth consecutive year, has worsened in the States – means that for every 100 men promoted from entry level to manager positions, only 87 women are promoted, and only 82 women of colour. There is not only, therefore, an exodus of women at the top, but precious few women to replace them. We are left with a landscape whereby, for every woman who is promoted to leadership, two female leaders choose to leave. The statistics are hardly better in the UK, where 2021 reports of the FTSE 100, revealed two-thirds of new appointments went to men and, in the FTSE 250, only 38 per cent of new appointments were made to women.