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http://www.cbc.ca/news/business/story/2012/03/05/eu-women-executive.html
EU mulls female quota on corporate boards
Aim is for 40 per cent by 2020
The Associated Press Posted: Mar 5, 2012 1:28 PM ET Last Updated: Mar 5, 2012 1:26 PM ET
Claudia Schlossberger, chief human ressources officer of Germany's biggest retailer Metro AG is one of the few women in Europe's executive suites. The European Commission is hoping to change that.
The European Union is moving closer to introducing mandatory quotas for the number of women on company boards after businesses failed to make sufficient progress over the past year.
The European Commission, the EU's executive arm, said that over the past 12 months, only 24 companies had signed a pledge to ensure that 30 per cent of their board positions are held by women by 2015. By 2020, that figure is supposed increase to 40 per cent.
EU mulls female quota on corporate boards
Aim is for 40 per cent by 2020
The Associated Press Posted: Mar 5, 2012 1:28 PM ET Last Updated: Mar 5, 2012 1:26 PM ET
Claudia Schlossberger, chief human ressources officer of Germany's biggest retailer Metro AG is one of the few women in Europe's executive suites. The European Commission is hoping to change that.
The European Union is moving closer to introducing mandatory quotas for the number of women on company boards after businesses failed to make sufficient progress over the past year.
The European Commission, the EU's executive arm, said that over the past 12 months, only 24 companies had signed a pledge to ensure that 30 per cent of their board positions are held by women by 2015. By 2020, that figure is supposed increase to 40 per cent.
