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“Female Business Leaders’ Achievements Highlighted in Report”

“Female CEOs Lead Companies to Success in Comparison to Male-Led Competitors, Reports New Investment App Nemo”

Tuesday 12 November, 2024 – In the business world, there are some remarkable examples of female CEOs who have proven their capabilities in leading their companies to success, according to various metrics including stock market performance.

Nemo, a mobile investment app, has released a report comparing the performance of three of the most renowned and accomplished female CEOs to that of competing companies led by men.

The report examines the stock prices before and after the start of the CEOs’ tenures, as well as the percentage change in stock prices and performance in the past year. The companies and their respective CEOs included in the report are:

– General Motors, led by Mary Barra since 2014
– Stellantis, led by Carlos Tavares since 2021
– Ford Motor Company, led by Jim Farley since 2020
– Advanced Micro Devices, led by Lisa Su since 2014
– Intel Corporation, led by Patrick Gelsinger since 2021
– NVIDIA, led by Jensen Huang since its establishment in 1993
– Accenture, led by Julie Sweet since 2019
– Cognizant Technology Solutions, led by Ravi Kumar S since 2023
– Marsh & McLennan, led by John Q. Doyle since 2023

The results of the report showcase the significant success of female-led companies, with General Motors, Advanced Micro Devices, and Accenture outperforming their male-led competitors.

Mary Barra, who has been CEO of General Motors since 2014, has led the company to a 50.51% increase in stock price since her tenure began. In comparison, Stellantis, led by Carlos Tavares, has seen a 20.07% decrease in stock price in the past year.

Jim Farley, CEO of Ford Motor Company since 2020, has overseen an 83.01% increase in stock price since assuming the role. However, the company has seen a decline in stock price of 14.88% in the past year.

Lisa Su, CEO of Advanced Micro Devices since 2014, has led the company to a remarkable 4980% increase in stock price. In comparison, Intel Corporation, led by Patrick Gelsinger since 2021, has seen a 65.43% decrease in stock price.

With a 874.17% increase in stock price since its establishment in 1993, NVIDIA, led by Jensen Huang, remains a leader in the semiconductor industry. However, Advanced Micro Devices, under the leadership of Lisa Su, has seen a higher percentage increase in stock price.

In the consultancy sector, Julie Sweet, CEO of Accenture since 2019, has led the company to a 92.96% increase in stock price since assuming her role. Cognizant Technology Solutions, led by Ravi Kumar S since 2023, has seen a 23.96% increase in stock price, while Marsh & McLennan, led by John Q. Doyle since 2023, has seen a 41.93% increase.

Nicholas Scott, Executive Vice President of Nemo, shares his thoughts on the report:

“We found it insightful to compare these three highly successful CEOs, Mary Barra, Lisa Su, and Julie Sweet, to the CEOs of some of their companies’ main competitors. General Motors, Advanced Micro Devices, and Accenture are all outperforming a number of their competitors led by men.

“One common factor among Barra, Su, and Sweet is their long history with their respective companies, providing them with a deep understanding of the operations and potentially giving them an advantage. While Julie Sweet has been CEO of Accenture for five years, she has been with the company for a total of 14 years.”

The full report can be found on Nemo’s website, and the app will be launching in the UAE with plans for further expansion.

About Nemo:

Nemo is a mobile investment app that offers a unique investment experience for young and first-time investors. It curates equities and other assets into innovative groupings that reflect current interests, ideas, and trends. Nemo analyzes data sets beyond conventional stock analysis to identify investment opportunities that are exciting, relevant, and easy to act on. Nemo stands for ‘Never Miss Out’ and provides a new and exciting experience in investing. Nemo is currently available in the UAE and plans to expand to other markets in the near future.

Disclosure: Nemo is offered by Exinity ME Ltd, authorized and regulated by the ADGM Financial Services Regulatory Authority (“FSRA”), Financial Services Permission Number 200015, and is a duly licensed Category 3A Firm.

Risk Warning: Investors should not invest more than they can afford to lose and should fully understand the risks involved.

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