Articles of Interest
BP Names Kate Thomson as Interim CFO. Now, 3 Major Oil and Gas Companies Have Women at the Helm of Finance
Fortune
Last week, BP named Murray Auchincloss, the company’s CFO since July 2020, interim CEO. BP then announced that Kate Thomson will take on the role as interim CFO. Thomson is the first woman in that role at the company.
Additional major oil and gas companies where women are finance chiefs include Exxon Mobil SVP and CFO Kathryn A. Mikells, since 2021, and Shell plc CFO Sinead Gorman, since 2022.
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Women Are Likely to Face Financial Curveballs in Retirement — Including One Potentially Life-Destroying Event
CNBC
Many women already feel they are behind when it comes to being financially prepared for retirement. There’s another risk they have to watch for: disruptive curveballs life throws at them that may put them off track, according to recent research from financial services firm Edward Jones and aging research provider Age Wave. A majority of female retirees, 81%, have experienced at least one such unexpected financial event, versus 69% of men.
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Student Loans: Women Bear the Brunt of the Student Debt Crisis
Yahoo Finance
The student loan crisis is often a woman's problem. Overall, Americans owe over $1.7 trillion in federal student loan debt and women hold two-thirds of it. But with women with a bachelor's degree earning only 70 cents for every $1 men earned, student loan repayment is a bigger struggle for females.
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New WTO Publication Underlines Need to Boost Women’s Participation in Trade
WTO
A new WTO book on trade and gender, published on September 14, looks at ways of bolstering women’s participation in international trade and highlights how women’s economic empowerment can support trade growth and economic development. Launched at the WTO’s Public Forum, the book brings together the latest research on the role of trade policy in improving gender equality.
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