Archive for October, 2011

Germany Headed for Corporate Gender Quotas

Earlier this year, the German Labor Minister Ursula von der Leyen proposed to introduce a 30% quota for women in management positions in German companies.  The proposal is due to be discussed by business leaders and cabinet ministers in late October.  "Germany is seriously considering the imposition of corporate gender ...

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I.B.M. Names Virginia Rometty as New Chief Executive

"Virginia M. Rometty, a senior vice president at I.B.M., will be the company’s next chief executive. She has led strategically important divisions of the company as it has shifted to services and products with high profit margins, like software that mines vast troves of corporate and online data for sales and ...

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Australia: The Trouble with Female Board Quotas

"There’s been a lot of focus lately in the media on the low number of women joining corporate boards. The trouble is everyone is looking at the wrong numbers: we don’t have enough female senior managers. Appointing more women to boards exacerbates the problem because you are reducing a limited ...

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Number of Female ‘Fortune’ 500 CEOs at Record High

As of January 1, 2012, the amount of women serving as CEOs of Fortune 500 companies in the United States will be at a record high – 18, just 3.6% of Fortune 500 CEOs.  Three women recently joined the ranks of CEO’s, two more will begin in January, and one was ...

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Canada: Senator to Renew Push for More Women on Boards

"Senator Céline Hervieux-Payette is not giving up on her campaign to win more seats for women on Canada’s corporate boards.  The Quebec Liberal has reintroduced a private member’s bill in the Senate to create a mandatory rule requiring boards have at least 40 per cent women, or men, within six ...

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Limited Seating: Mixed Results on Efforts to Include More Women at the Corporate Board Table

"Fortune Magazine's annual Most Powerful Women list arrived on newsstands last week. With it comes inevitable chatter from the business press about who is in and who is out, who moved up a few notches and who has been knocked down a few pegs. And yet, perhaps what is most striking ...

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European Boards Looking for Women Get Resumes From the U.S.

"European companies may be soon be looking for hundreds of female directors to fill quotas, prompting American executives to send their resumes across the Atlantic." Find out more.

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UK Prime Minister Supports Women on Boards Movement and Challenges Others to Follow

"The the steps forward shown in the Women on Boards six month progress report, commending the companies who have pledged to increase the number of women in senior positions, and challenging more businesses to follow suit." Find more comments in the full story. Watch a clip of Prime Minister Cameron's reception here.

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Trend of More Women in Executive Posts Stalls in Philadelphia

"Philadelphia Business Journal reports on a newly-released study by Forum of Executive Women and Deloitte & Touche, which shows that women's participation at the senior executive level declined from 11.0% to 10.1% and remained at 11% of board membership at Philaelphia's 100 largest companies." Read more here.                                                                         

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Germany: Proposed Corporate Gender Quota

"Earlier this year, the German Labor Minister Ursula von der Leyen proposed to introduce a 30% quota for women in management positions in German companies.  The proposal is due to be discussed by business leaders and cabinet ministers in late October." Find out more here.

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