A retiring ace turnaround CEO is blunt about women's stalled progress.
Finally, a woman CEO who doesn't gloss the paucity of women heading Fortune 500 companies.
Anne Mulcahy did what a string of male predecessors at Xerox Corp. could not to - arrest the seemingly endless troubles at the copier firm, including routine massive writeoffs, bookkeeping scandals, and chronic market-share losses to nimble offshore competition.
Mulcahy can't claim during her decade-long tenure to have boosted Xerox's shareholder value, which remains about where it was when she took the helm in 2000. But it was quite enough that Mulcahy, a Xerox lifer, managed to pull the iconic company from the flames and keep its products relevant. Mulcahy also groomed an African American woman, Ursula Burns, as her successor.
Here's Mulcahy in her Bloomberg Businessweek exit interview:
I went from being 'I just want to be a CEO' to understanding that I have to be an advocate for women. There's a responsibility that comes with the position. If you don't speak about the need to focus on the progress of women, who will? Maybe we've reached a degree of parity at the entry level, but we clearly don't have that in the executive ranks - or in government, for that matter.