Women account for just 2 percent of financial industry CEOs, according to Catalyst, a nonprofit group. Bank of America executive Megan Messina is suing her employer for gender discrimination after discovering that a male colleague in an equivalent post to her own received a $5.5m bonus in 2015 whilst her own bonus was $1.6m. The lawsuit filed by Messina, who worked at the bank from 2009 until last year, alleges she suffered “severe emotional distress” and stress as well as being subjected to sexual harassment during her time with the Nonprofit group Catalyst states that just 2% of financial industry CEOs, and 29% of executives, are women. Bank of America claims that 30% of its senior roles, and 50% of all of its positions, are occupied by women. Messina, who claims that her employers attempted to force her to leave after she raised concerns, has also lodged complaints with the Equal Employment Opportunity Commission and the Department of Labor.
Bank of America executive Megan Messina is suing her employer for gender discrimination after discovering that a male colleague in an equivalent post to her own received a $5.5m bonus in 2015 whilst her own bonus was $1.6m. The lawsuit filed by Messina, who worked at the bank from 2009 until last year, alleges she suffered “severe emotional distress” and stress as well as being subjected to sexual harassment during her time with the Nonprofit group Catalyst states that just 2% of financial industry CEOs, and 29% of executives, are women. Bank of America claims that 30% of its senior roles, and 50% of all of its positions, are occupied by women. Messina, who claims that her employers attempted to force her to leave after she raised concerns, has also lodged complaints with the Equal Employment Opportunity Commission and the Department of Labor.