No exceptions in German proposal for boards' gender quotas, says minister

Submitted by Mastodon on Sat, 2014-02-08 10:28

Article here. Excerpt:

'German listed companies will be granted no exceptions to a 30 per cent women's quota for supervisory boards by 2016, said Manuela Schwesig, the minister responsible for drafting the legislation.

Schwesig, 39, a Social Democrat and the youngest member of Chancellor Angela Merkel's third-term cabinet, dismissed industry pleas for exemptions in fields that are a traditional preserve of men, such as metalworking or engineering.

"It's an argument often advanced that certain sectors don't have enough women available to fill the supervisory-board posts," Schwesig said last week. "I don't buy it."'

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