Archive for June, 2011

Germany: Women in Power

"Despite having a woman as chancellor, Germany still lags most of its European counterparts when it comes to women in corporate leadership: Of the 30 companies in the blue-chip DAX stock index, only five have a woman on their management boards." For the full WSJ article, see http://online.wsj.com/article/SB10001424052702304066504576341123154552518.html?mod=googlenews_wsj

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New Corporate Gender Quota for Malaysia

"Malaysia’s government says women must hold 30 percent of top corporate posts by 2016 in a move toward gender equality in the boardroom. Prime Minister Najib Razak says the new policy is a landmark decision by the Cabinet that will bolster the role of women. He says women currently account ...

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Financial Times: Quota Plan for Female Bank Chiefs Faces Axe

Financial Times reports that a reform measure overhauling corporate governance in the European banking sector which would require that 33% of bank directors be women is likely to be dropped from the final package under review in Brussels.  Among those opposing the mandatory provision is EC Vice President, Viviane Reding, ...

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FDM Group Calls for More Women on Boards

"FDM Group has highlighted its concern at the lack of female representation on the UK's senior boardrooms, noting that the IT sector is one of the worst culprits for not appointing women to senior levels. Hoping to lead an example for other IT companies, FDM Group now has six women on ...

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Gender Gap in the Boardroom

"Despite an occasional monthly setback, as in April when only 24 women were named to corporate boards, after 26 were named in March, slowly the number of women on corporate boards is growing. But since the growth is so slow and the percentage so low, several organizations are working hard to ...

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Corporate Boards Snap Up Women College Presidents

"Women who are college or university presidents are attractive candidates for corporate boards of directors. Shirley Ann Jackson, president of Rensselaer Polytechnic Institute sits on several boards. Shirley Tilghman, president of Princeton University, is a director at Google. Amy Gutmann, president of the University of Pennsylvania in Philadelphia, sits on ...

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Women Lose Out on U.S. Boards as Europeans Get Quota Help

Bloomberg News cites Bloomberg Rankings annual analysis of S&P’s 500 companies, showing that the proportion of women on the board declined to 16% in 2011 from 16.6% in 2010.  It notes that Discovery Communications, Urban Outfitters, and Nvidia Corp were three of 49 companies (9.4%) that had no women at ...

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WomenCorporateDirectors Launches Tennessee Chapter

"A global organization for women corporate directors is forming a Tennessee chapter with the goal of strengthening members’ governance skills and growing the ranks of women corporate directors in the Volunteer State." The full Nashville Post article is available online at: http://nashvillepost.com/news/2011/6/10/global_women_s_corporate_group_launches_tennessee_chapter

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