Tags: Boardroom

Just 3% of FTSE350 companies have female CEO´s now

Following the announcement that Burberry CEO Angela Ahrendts is leaving the company to take up the role at Apple, analysis undertaken by S&P Capital IQ reveals that this move means that there will now be only eleven female CEOs at FTSE 350 companies which means that just 3.14% of FTSE 350 companies have female CEOs. But one of…

Increasing numbers of women now on boards of large EU corporations

Efforts by corporations and governments around the globe have increased the number of women on corporate boards, however there is still significant room for improvement, according to the third edition of “Breaking the Glass Ceiling: Women in the Boardroom,” a report from Paul Hastings LLP, a leading global law firm (released today). Although the debate over the…

Firms urged to address the gender imbalance in boardrooms

Business Secretary, Vince Cable, has written to the last seven companies in the FTSE 100 that do not have a single woman on their boards, to take urgent action to address the gender imbalance. The Government is looking to increase the pressure on businesses to include more women on their boards by telling them “doing…

Boardrooms of UK private firms ‘even more male-dominated’

The UK’s private firms are falling behind those listed on the stock exchange when it comes to delivering gender equality in the workplace within the most senior positions. According to research conducted by analyst BoardEx on behalf of the Observer newspaper, the number of women on boards at non-listed companies is generally far lower than…

European Commission approves 40% women on boards ‘objective’

The European Commission has given its backing to proposals that would see listed companies in the EU handed an objective of having at least 40 per cent female boardroom representation by 2020. However, it stopped short of calling for the introduction of legally binding quotas for the number of women on boards, which had been…

Reactions to EU decision to drop plans for gender quotas

The EU commission has announced that it has dropped plans to introduce mandatory quotas for the number of women on company boards following heavy criticism from member states, orchestrated by Britain. Instead of imposing a 40% quota, which the original proposals had stated, the latest draft encourages companies to aim for that level of representation,…

EU drops plans for women on boards quotas

Plans to introduce a mandatory quota for the number of women on boards at EU companies were dealt a severe blow yesterday (October 23rd) after lawyers raised concerns over the legal viability of the proposals. Under the plans, put forward by Viviane Reding, the EU’s justice commissioner, publicly traded companies in the EU would have…

‘Support and learning network’ needed for women on boards

A comprehensive “support and learning network” is needed if women are to gain equality in the workplace in the most senior positions. That is according to Tracey Rogers, managing director of Unilever Food Solutions UK & Ireland, who, speaking to HR Magazine, said that without such a network, women in the boardroom risk becoming “surrogate…

Maggie Berry: Are quotas the answer to more women on boards?

The European Commission has unveiled plans to fine companies that fail to reserve at least 40% of their non-executive board seats for women – but are quotas really the answer to gender diversity in business? Research has found that across the 27 EU member countries, females account for fewer than 14% of board positions in…

Bourne Leisure Joins Women 1st to Champion Boardroom Diversity

Women 1st, the initiative that aims to increase the representation of women on boards across the hospitality, passenger transport, travel and tourism industries, announced the launch of new corporate membership schemes to help businesses take proactive steps to redress the gender imbalance at the top. Bourne Leisure, which operates three of the UK’s most successful…

EU suggestions for boardroom gender equality met by diverse opinions

It’s a topic that divides opinion straight down the line, but now it seems the EU Commission is set to bring in legislation that would require employers to focus on equality and diversity in the workplace by implementing a quota of female board members. Viviane Reding, the EU commissioner for justice, citizenship and fundamental rights,…