Only one in four people in C-suite positions are female. Worse yet, women in senior leadership positions are leaving in droves. Larraine Segil is the founder and CEO of Exceptional Women Alliance Foundation, a peer-to-peer mentoring nonprofit whose aim is to support and nurture C-suite executives.
if you were a woman. When she chose to study medicine, her father, a surgeon, told her no, because she would never get married. And so, she studied English and Latin in college and became a school teacher instead.
“That is when the fun began!” Segil says. She built businesses in health care and the distribution of advanced materials, then began teaching executive education in strategic alliances at Caltech. Her business books were published , she started what became a leading strategic alliance consulting company, and traveled the world consulting and giving speeches. When she sold her consulting firm and joined a Fortune 200 board, she thought she would be happy. She was miserable.
Segil began by setting up three endowment funds – one at her high school in Johannesburg, another at her law school in Los Angeles, and the final one at her business school in California. She gave 24 women money for schooling and a commitment to mentor them for the rest of her life. She did this for eight years.
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