We recently posted Emma Walmsley, disastrous CEO of GSK plc since 2017, departs, to be replaced by a man. The share price rose more than 3 per cent on the news. It’s time to buy the shares again, relating how Walmsley had reduced the value of her company’s shares by 11.1%, over a period (2017-25) when the FTSE as a whole rose by 30%. Last year her remuneration was £16 million. Nice work, if you can get it.

Good news from Bloomberg. An extract:

“Unfortunately the trickle-down effect we had hoped for hasn’t materialized,” said Pavita Cooper, who chairs the group [J4MB: Whiny Entitled Bints.] in the UK. “Very few women are in the power roles which allow succession to CEO.”

Debra Crew left distiller Diageo Plc in July after two years in which the company’s shares slumped over 40%.”

It’s almost like there’s a theme emerging with regard to female CEOs in major companies.

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