Former Disney Channel star Bridgit Mendler unveils her new space startup, the widow of Russian opposition leader Alexei Navalny vows to take his place, and Fortune‘s Lila MacLellan examines a gender gap in CEO tenure. Last year, the average tenure for women running Fortune 500 companies was 4.5 years, according to data from Equilar shared exclusively with Fortune. In fact, charting women’s stints against men’s for the past 10 years reveals a persistent gender tenure gap; it has narrowed only slightly since 2014, when men averaged nearly eight years as Fortune 500 CEOs and women lasted about three. Banco Santander announced that it eliminated the gender pay gap for employees doing the same work five years after setting out to do so. The bank is still tackling a company-wide gender pay gap of 30% and pursuing its goal of placing women in at least 35% of senior executive roles by 2025.

Source: Forbes February 21, 2024 20:10 UTC